NY15m ORB with a fixed SL & TP (Nasdaq)

4 253
This strategy uses the NY open range of 15m to look for long or short entries on the Nasdaq (NQ)

It is created using a combination of a number of different examples of ORB strategies.

It is also used specifically for "futures" trading as the amount of contracts used is also adjustable.

The breakout confirmation is adjustable with the amount of candles to be deemed correct by the user. The timeframe makes a big difference to the breakout time.

The most profitable settings was found to be on the 5 min time frame, with 2 candles used as confluence for a valid breakout.

A SL of 60 points and a TP of 200 points is suggested.

Long and short position boxes is also drawn to assist with SL and TP positioning.

Please leave any comments or suggestions to enhance your experience?

This strategy (indicator) is for educational purposes only.

免責事項

これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。