ORB Long 15-Min

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The Opening Range Breakout (ORB) strategy is a simple, rules-based day trading strategy designed to capture early-session momentum.

This strategy defines the opening range as the high of the first 15-minute candle after the market opens. A long trade is triggered when price closes above the opening range high, signaling potential continuation strength.

Risk is managed using a fixed 1% stop loss from the entry price, while trades are exited automatically at 15:00 (3:00 PM) market time if the stop has not been hit. This ensures all positions are closed before the end of the trading session and avoids overnight exposure.

The strategy is well-suited for traders looking to:

Test momentum-based breakouts
Practice disciplined entries and exits
Learn how time-based exits affect performance

This template is intended as a starting point and can be customized further to match different risk tolerances, instruments, or market conditions.

Entry Conditions

All of the following: # "Zulu"
  15min Chart(close) > 15min Range/Today's opening, High

Exit Conditions

Any of the following: # "Sierra"
  15min Candle Time > 1500

Stop Loss	Exit if lost more than 1% (after candle closes).

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