Nifty Futures ORB - Smart Trail
Strategy Name
Nifty Futures ORB (Opening Range Breakout) with Smart Trailing Stop
Category
Intraday, trend-following breakout strategy
Instrument
Nifty 50 Futures (current month contract)
Timeframe
5-min or 1-min execution chart, with a fixed 9:15–9:30 AM opening range window (IST)
Core Logic (one-line summary)
Trade breakouts of the first 15 minutes' price range, in the direction of the breakout, with risk capped by a volatility-adjusted stop and profits protected by a stop that tightens as the trade matures.
Entry Rules
Long: Price closes above the Opening Range High (9:15–9:30 high)
Short: Price closes below the Opening Range Low (9:15–9:30 low)
Filters applied before any entry is allowed:
Opening range width must be ≤ 0.5% of spot price (skips erratic/gap-driven opens where the range itself is too wide to trade reliably)
No new entries after 2:30 PM
Only one trade per direction per day (no re-entry if price whipsaws back across the boundary)
Only one position open at a time (must exit current position before reversing)
Risk Management
Initial Stop-Loss: The wider of —
Opposite boundary of the opening range (structural invalidation — if price returns fully across the range, the breakout has failed), or
1.5 × ATR(14) from entry (volatility floor, so the stop isn't unrealistically tight on a quiet-range day)
Position Sizing: Risk a fixed % of account equity per trade, calculated from the entry-to-stop distance, rounded to whole futures lots
Trailing Stop Logic ("Smart Trail")
Three layers working together:
Step-down ATR trail — the trailing distance shrinks as the trade accumulates profit:
0 to 1R profit: trail at 3×ATR (wide, lets the trade breathe)
1R to 2R profit: trail at 2×ATR
Beyond 2R profit: trail at 1×ATR (tight, protects gains aggressively)
Structural swing trail — the stop also tracks the recent 5-candle swing high/low, and the system always uses whichever of the two trails (ATR or structural) sits closer to price
Reversal-candle backstop — if a single candle closes against the position by more than 1×ATR, the position is closed immediately on that candle, rather than waiting for the trailing stop to be touched (catches sharp V-reversals early)
Exit Rules (any one triggers a close)
Trailing stop hit
Reversal-candle backstop triggered
Hard square-off at 3:15–3:30 PM (no overnight positions, ever)
Nifty Futures ORB (Opening Range Breakout) with Smart Trailing Stop
Category
Intraday, trend-following breakout strategy
Instrument
Nifty 50 Futures (current month contract)
Timeframe
5-min or 1-min execution chart, with a fixed 9:15–9:30 AM opening range window (IST)
Core Logic (one-line summary)
Trade breakouts of the first 15 minutes' price range, in the direction of the breakout, with risk capped by a volatility-adjusted stop and profits protected by a stop that tightens as the trade matures.
Entry Rules
Long: Price closes above the Opening Range High (9:15–9:30 high)
Short: Price closes below the Opening Range Low (9:15–9:30 low)
Filters applied before any entry is allowed:
Opening range width must be ≤ 0.5% of spot price (skips erratic/gap-driven opens where the range itself is too wide to trade reliably)
No new entries after 2:30 PM
Only one trade per direction per day (no re-entry if price whipsaws back across the boundary)
Only one position open at a time (must exit current position before reversing)
Risk Management
Initial Stop-Loss: The wider of —
Opposite boundary of the opening range (structural invalidation — if price returns fully across the range, the breakout has failed), or
1.5 × ATR(14) from entry (volatility floor, so the stop isn't unrealistically tight on a quiet-range day)
Position Sizing: Risk a fixed % of account equity per trade, calculated from the entry-to-stop distance, rounded to whole futures lots
Trailing Stop Logic ("Smart Trail")
Three layers working together:
Step-down ATR trail — the trailing distance shrinks as the trade accumulates profit:
0 to 1R profit: trail at 3×ATR (wide, lets the trade breathe)
1R to 2R profit: trail at 2×ATR
Beyond 2R profit: trail at 1×ATR (tight, protects gains aggressively)
Structural swing trail — the stop also tracks the recent 5-candle swing high/low, and the system always uses whichever of the two trails (ATR or structural) sits closer to price
Reversal-candle backstop — if a single candle closes against the position by more than 1×ATR, the position is closed immediately on that candle, rather than waiting for the trailing stop to be touched (catches sharp V-reversals early)
Exit Rules (any one triggers a close)
Trailing stop hit
Reversal-candle backstop triggered
Hard square-off at 3:15–3:30 PM (no overnight positions, ever)
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.