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.


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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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