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ORB - 15 Minute Opening Range

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The Opening Range Breakout (ORB) strategy focuses on price movements that occur shortly after the market opens. Traders define a price range—usually based on the first 5, 15, or 30 minutes—and then look for a breakout above or below that range.
Sürüm Notları
- Opening Range: The high and low of the first few minutes after market open.
- Breakout: A price move outside this range, signaling potential momentum.
- Entry Point: When price breaks above the high (go long) or below the low (go short).
- Stop Loss: Often placed just inside the range to manage risk.
- Timeframes: Commonly used on 1M, 5M, or 15M charts.

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