Open Range Breakout Strategiebeschreibung

This Open Range Breakout Expert Advisor strategy – is preferably traded in the 1 minute chart. The open range, also known as the opening span, is fixed. It is speculated on a breakout after the official market opening from this range.

This strategy can be used in numerous markets such as stock indices (DAX, EuroStoxx, Dow, S&P 500 etc.), bonds (Bund future etc.), commodities (WTI, Brent Oil etc.), precious metals (gold etc.), but also for individual shares.

Open Range Breakout Expert Advisor strategy variants

There are many different approaches to staking the open range timeframe. While some traders on the DAX choose the high and low between 9:00 and 10:00 a.m., others recommend e.g. 8:00 – 9:00 a.m., 8:00 – 9:15 a.m. or 9:00 – 9:00 45 o'clock to use. I prefer the DAX range from 8:01 a.m. to 9:00 a.m. Since at 8:00 a.m. there could be big jumps again, I decided to wait another minute.

Other open range breakout time units

For the Dow or S&P500, the recommended time frame for the open range is the first 45 minutes after the market opens, which is usually between 3:30 p.m. and 4:15 p.m. But here, too, every trader has his own strategy.

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Beispieltrades