Opening Range Breakout (ORB) Strategy
The Opening Range Breakout strategy establishes a high-probability directional bias based on the first 15-30 minutes of market action. The opening range captures the initial battle between buyers and sellers, and a breakout from this range often sets the tone for the rest of the day.
50-55%
30-120 min
Intraday (first 2 hours)
How It Works
- 1
Mark the high and low of the first 15 or 30 minutes after market open
- 2
Wait for a breakout above the high (long) or below the low (short)
- 3
Confirm with volume spike and alignment with pre-market direction
- 4
Enter on the breakout candle with stop at the opposite side of the range
- 5
Target 1.5-2x the range width, or trail using 5-min candle lows/highs
Best For
Frequently Asked Questions
What is the opening range?
The opening range is the price range (high to low) established during a specific period after market open, typically the first 15 or 30 minutes. It reflects the initial supply/demand equilibrium.
What timeframe works best for ORB?
The 15-minute opening range is the most popular. The 30-minute range provides more reliable signals but fewer opportunities. 5-minute ORB is fastest but has more false breakouts.
Trade this strategy with AI
Tradewink's AI automatically identifies opening range breakout (orb) strategy setups, evaluates them with multi-agent debate, and executes with proper risk management.
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