Opening Range Breakout

Breakout strategy based on opening range with Bollinger Bands filter

Strategy Information
  • Category: Momentum
  • Risk Level: Medium
  • Complexity: Beginner
  • Version: 1.0.0
  • Author: Trading Team
  • Created:
  • Min Capital: $10,000
  • Avg Trades/Day: 1
Trading Schedule
  • Trading Days: Monday, Wednesday, Friday
  • Trading Hours: 9:30 AM - 4:00 PM EST
Default Parameters
Parameter Value Description
bb_length 20 Bb Length
bb_std_dev 1.5 Bb Std Dev
tp_pct 0.001 Tp Pct
sl_pct 0.005 Sl Pct
orb_minutes 15 Orb Minutes
session_start_hour 9 Session Start Hour
session_start_minute 30 Session Start Minute
session_end_hour 16 Session End Hour
session_end_minute 0 Session End Minute
Run Backtest
Supported Markets
SPX ES NQ
Timeframes
15min 1h