Select the range settings by entering the trading times, we supply all this information in the manuals and videos.
Enter contracts to trade, entry offset, profit amounts, loss risk.
Choose Exit Methods, stop loss, profit targets and trailing stops and Profit and Loss targets.
The Opening Range Breakout automated trading strategy for NinjaTrader 8. Let the strategy trade the directional bias of the predefined range long or short. The software will define the range and the strategy will automatically place the orders. Advanced Fibonacci levels plot on the charts to give you predetermined targets to take your gains.
In the first hour of trading is the most volatile time frame during the day and can be the most profitable. Let our opening range breakout strategy find the moves and trade them.
This is a pattern that often repeats the Opening range breakouts is one of the important reversal and continuation chart patterns, designed to capture the moves or reversal during the first hour of trading. The first hour is the most active and is where the breakouts happen. This is where you can make most of your money quickly.
Here is an example of the Open Range Breakout in the ES trading 3 contracts. We hit our pre-determined profit targets for a nice gain. The software comes with manual and videos that explain fully how to trade with it. How to identify the breakouts and catch the big moves. The opening range is one of the most important chart patterns to learn and make trades in the futures or stock markets. Opening range levels act as a magnet to the price action.
Configure the algo with your entries/exits, stop loss, trailing stop, breakeven, and multiple profit targets. Trade 1 or 100 contracts with no restrictions on the software.
Trading the ES with the opening range on a short breakdown and sell off. The opening range strategy gets short on a breakdown. Price sells off to our pre-determined targets for a nice gain. Fibonacci levels identify support areas and we take our gains using the opening range breakout. You can trade any futures contract with the opening range breakout.
We are trading the ES with our Open Range Breakout Strategy it identifies the breakout area and gets long three contracts. We set profit targets of 8, 14 and 20 ticks price moved up and hit our targets for a nice gain as it shows on the chart. This is a strategy that is simple to learn and use in your trading.
Fibonacci levels identify support and resistance levels and use them as targets to take profits. 1st profit target is 61.8 Fib, then the 100% Fibonacci Level. These levels are all explained in the manual and videos that come with the software.
And this chart were trading the ES with the Opening Range Breakout Strategy its an advanced strategy to identify breakouts and breakdowns. The market was weak and ES had some sellers as the price broke lower. We had profit targets of 20, 40 and 45 and they were hit as the price sold off to the lower fib levels.
Trade resulted in 105 ticks profit, x 12.50 a tick that’s a nice gain for a short trade.
These patterns repeat each day and are very tradeable to make gains. Simple strategy to learn and trade it, in any futures, the CL, NQ, ES, YM or GC and many others. We give you the guidelines on how to set it up covered in the manual and videos.
For this trade were using the Opening Range Strategy to trade Crude Oil. Crude is trending up and breaks out ad goes higher. Your targets are pre-determined by the Fibonacci levels and we take our gains at those levels.
Our opening range breakout strategy is available for NinjaTrader 8 only and comes with a lifetime of free upgrades, a trading manual, and videos on how to trade with it. No restrictions on the strategy trade 1 or 100 contracts.
Trading123 indicators are applicable to all global markets and various time frames including minute, daily, tick, volume and renko. You must use the most update version of NinjaTrader 8 for our software to work. Our software only works with the Ninjatrader trading platform.
Above all, we provide superior support for our software by phone or email, and all emails are answered within 2-3 hours. All sales are final, there are no refunds on the opening range breakout strategy. The item you are purchasing is a digital download. By downloading the indicator you have taken ownership of the item, there are no refunds or exchanges.