The opening range is one of the most powerful and profitable concepts in futures and stock trading. This specific time frame, usually the first 5 to 30 minutes after the market opens, represents a period of intense volatility and volume. Traders across the world focus on this window because it often sets the tone for the rest of the session. By understanding how to trade the opening range breakout (ORB) effectively, you can position yourself for high-probability trades, consistent profit goals, and minimized risk.
Our strategy, which is simple to learn and implement, utilizes the NinjaTrader platform. It includes detailed instructions and videos on how to set it up and trade opening range breakouts in the financial markets. In this comprehensive guide, we will explore everything you need to know about the opening range strategy, including how it works, why it’s effective, and how you can apply it to instruments like the ES (E-mini S&P 500) and NQ (Nasdaq Futures) for maximum gains.
An opening range is a specific time frame at the start of the trading day when the market is highly active and presents great profit opportunities. With this strategy, you can set any profit goal. The chart below shows that we traded ES and achieved their profit goals. These breakout patterns tend to repeat and, with proper understanding, can be a valuable tool for traders. Trade below, we copied tradeded 8 accounts on this trade, and NQ Trade below. The benefits of our strategy is it can trade both the breakouts and breakdowns and reversals. Were other bots just trade the breakouts.
The chart in the video showcases the trading of the ES Emini and is subject to technical analysis. The targets for the first and second contracts were successful hit. These similar patterns occur on a daily basis, hence it is suggested to actively seek one or two daily trades and establish a desired profit objective.
Configure the strategy with your entries/exits, stop loss, trailing stop, breakeven, and multiple profit targets. You can trade one contract or 20 contracts, or trade the stock market with no restrictions on the software This strategy is only compatible with the NinjaTrader platform and will not work with other platforms.
Trading123 is a trading strategy and software provider that offers a system based on the ORB strategy. The Trading123 ORB system uses proprietary algorithms to identify the opening range and generate signals for potential trades based on the breakout direction. The system also includes risk management tools to help traders control their exposure and position in futures trading or the stock market.
Eliminate the emotions of trading using an algorithmic trading strategy. Remove the human emotions & interference that most traders deal with daily. Using a strategy is less stressful than trying to pick your entries; there is no hesitation with automated trading.
High Liquidity: The market is flooded with orders right after the open, creating the perfect environment for sharp moves.
Clear Signals: Breakouts above or below the range provide clear entry points.
Repetitive Patterns: These moves repeat daily, offering traders consistent opportunities.
Profit Scalability: The strategy can be adapted to small accounts or scaled across multiple accounts simultaneously.
Traders who master the opening range are essentially trading with the market’s momentum rather than fighting against it.
The opening range breakout strategy offers traders a number of compelling benefits:
Consistency: Daily opportunities appear across multiple markets.
Scalability: Works whether you’re trading one account or mirroring trades across many.
Flexibility: Profitable in bullish, bearish, and reversal conditions.
Simplicity: Easy to understand, even for new traders, yet powerful enough for professionals.
Automation-Ready: Perfect for integrating with bots and trade copiers for maximum efficiency.
Most automated trading bots are limited—they only focus on simple breakout moves. Our system goes further by:
Trading Breakouts, Breakdowns, and Reversals
Adapting to Market Conditions
Executing Across Multiple Accounts Seamlessly
Providing Clear Trade Management Tools
This combination gives traders a competitive edge, allowing them to outperform traditional breakout-only systems.
The opening range breakout strategy is a time-tested method for day trading. By mastering this approach, traders can capitalize on the most active and part of the trading session. Whether trading ES, NQ, or other futures markets, the ability to trade breakouts, breakdowns, and reversals makes this system a powerful weapon in any trader’s arsenal.
With the right discipline, risk management, and execution tools, the opening range strategy can be the foundation for long-term success in the markets.
Trade Opening Breakout Trading
The approach revolves around pinpointing the opening price range, and once the market breaches this boundary—either to the upside or downside—the strategy executes a trade. The price dynamics in these scenarios often experience swift breakouts, whether upwards or downwards, making these moves perfect for a “one-and-done” style of trading, meaning you don’t need to remain glued to the charts throughout the entire day.
The trading software works with NinjaTrader 8 and comes with lifetime access to free updates, a detailed trading manual, and instructional videos that guide you through our trading approach. The settings we use feature customizable stop-loss and profit target options, providing traders the flexibility to adjust the system to their individual preferences. The charts shown here are real-time examples, illustrating how we implement our strategies and analyze price movements during live trades.
One of the many patterns that traders often see during the range trading session is the quick breakout of the range. This trading strategy is specifically designed to capture breakout moves or reversals. The process starts by executing the quick breakout trade to the downside, with the strategy hitting its targets successfully.
The best part about this trading strategy is that it can be a one-and-done trade with minimal hassle and effort. Moreover, the strategy comes fully automated with hands-free trading functionality, enabling traders to save time and focus on other aspects of their trading portfolio. Additionally, the strategy includes a brand-new watermark indicator that traders can use to label any chart, making it easier to keep track of key performance metrics.
In this instance in chart below, we’re executing trades on the NQ, where the bot automatically identifies and reacts to the break in the Opening Range’s upper boundary. As it detects a movement, it capitalizes on the breakout, swiftly executing targets. The “Opening Range” methodology is an influential technique within the realm of day trading. It hinges on the rapid fluctuations of prices, either ascending or plunging, which swiftly lead to the fulfillment of predetermined targets.
These market activities may exhibit either a high opening range breakout or a low opening range breakout. These market moves are typically characterized by rapid and intense price fluctuations, with one or two trades being sufficient to conclude the day’s market activity. Our trading strategies are flexible and can be applied to markets across the globe. With our methods, traders have the freedom to trade unlimited contract sizes and levels, allowing them to enhance their overall trading performance
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Clear entry and exit points: An opening range strategy can provide clear guidelines for entering and exiting trades, which can help to manage risk and increase the chances of successful trades.
Well-defined rules: An opening range strategy typically involves a set of well-defined rules for entering and exiting trades, which can help to reduce subjectivity and increase the probability of successful trades.
By following a set of defined rules and carefully managing risk, it may be possible to generate profits using an opening range strategy consistently.
Reduced emotions: By following a defined set of rules, an opening range strategy can help to reduce the impact of emotions on trading decisions, which can be particularly helpful for traders who struggle with discipline.
We are constantly updating our software and improving the software in every way. You will receive free upgrades for a lifetime.
Lifetime Support
Our support team is always here to help. Contact them through our Live Chat Bot or by email, or phone. All emails are answered within two hours during normal business hours.
Manuals and Videos on using and installing the Software are all available for instant download once purchased.
Instant Download
The strategies, indicators, manuals, and videos can be downloaded after your purchase and will be available for you to access in the future if needed.
Plus, you get two powerful bonuses
Strategy Setup & Manuals, Videos
You will receive a manual and video on installing and using the strategy. We will show you how to install the software, set it up, and prepare you to trade. A step-by-step guide to installing the strategy, updated manual and videos for using the software in 2024.
Lifetime Updates + Live Support
Trading123 superior technical support team is here to help you with any issues with your software. Call during regular business hours or email us, or use our online chatbot; we are always here to be able to solve your problems. During normal business hours, email is answered within one to two hours. In addition, we offer lifetime support for all our software.
Frequently Asked Questions
No there are no free trials
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