The 15-Minute Opening Range Breakout Strategy is a powerful, time-based momentum strategy designed to capitalize

on the volatility at the U.S. market open (9:30 AM EST). By focusing on the price action in the first 15 minutes of trading,

the strategy identifies key breakout levels that often signal strong directional moves for the rest of the session.

This technique is simple, yet highly effective — especially for highly liquid assets like SPY, AAPL, US500 (S&P 500),

US100 (Nasdaq), and US30 (Dow Jones).

Platform: TradingView, MT4, MT5, C-trader and all.

Strategy Logic

Market Open: 9:30 AM Eastern Time (EST).

Opening Range Window: From 9:30 AM to 9:45 AM EST.

Breakout Criteria:

A long trade is triggered if the price breaks above the high of the opening range.

A short trade is triggered if the price falls below the low of the opening range.

Stop Loss and Take Profit: Defined as a percentage or multiple of the range.

One Trade Per Day: Only the first breakout is taken each day.

Key Features

Time-Sensitive Entry: Precisely identifies the opening range and waits until the breakout occurs.

Dynamic Targets: Stop-loss and take-profit are calculated based on the volatility of the opening range.

Simple and Robust: Avoids overfitting by sticking to time-tested breakout logic.

How to Use the Strategy

Load 1-minute or 5-minute OHLC data for a U.S. stock (e.g., SPY, AAPL).

Make sure the time zone of the data matches EST or convert it accordingly.

Run the strategy using backtrader or your preferred backtesting engine.

Conclusion

The 15-minute Opening Range Breakout is a classic and effective method to trade the initial momentum of the market.

By focusing on a well-defined price range during the volatile open, traders can position themselves for high-probability trades with clearly defined risk parameters.

This strategy works best in assets with strong opening volatility and sufficient liquidity.

This is a simple but winning strategy.

 Dannyd 27/01/2013

Time Frame

15 min for scalping,

Trading Session all NewYork, London .

Currency pairs:any.

Metatrader Indicators:

Grucha Channel,

Profitable Trend strength,

pivot levels.

Buy

When the price close above upper band if Profitable Trend strength confirmed with yellow bar buy at open next bar.

Sell

When the price close Below lower band if Profitable Trend strength confirmed with red bar sell at open next bar.

Bollinger Bands Breakout and RSI Trading System - Forex 

Bollinger Bands Breakout Trading System - Forex Strategies - 

Scalping Breakout Trading System - Forex Strategies - Forex ...

ATR Channel Breakout Trading System - Forex Strategies - Forex

25# Channel Strategy - Forex Strategies - Forex Resources - 

123# ATR Channels Strategy - Forex Strategies - Forex 

13# Donchian Channels - Forex Strategies - Forex Resources ...

13# Fibopivot Channel Strategy - Forex Strategies - Forex ...

11# Keltner Channels and EMA - Forex Strategies - Forex ...

31# ADX and Moving -Average Channel - Forex Strategies - Forex

16# Moving Average Channel and Parabolic Sar - Forex

77# Two MA Channel - Forex Strategies - Forex Resources - 

111# Mj Regression Channel and FX Sniper Ergodic CCI - Forex ...

66# Envelope Reversal - Forex Strategies - Forex Resources - 

5# Channel Breakout and Moving Average - Forex Strategies ...

153# Dynamic Channel, Contrarian Strategy. - Forex Strategies ...

2# Volatility breakout channel - Forex Strategies - Forex 

17# Bollinger Bands and Equidistant Channel - Forex Strategies ...

10# SRDC Method Level II - Forex Strategies - Forex Resources ...

12# SRDC Method Level III - Forex Strategies - Forex Resources ...

9# SRDC Method Level I - Forex Strategies - Forex Resources ...

Volatility Forex Strategies - Forex Strategies - Forex Resources ...

 2# Volatility breakout channel - Forex Strategies - Forex

 123# ATR Channels Strategy - Forex Strategies - Forex Resources

7# ATR Breakout - Forex Strategies - Forex Resources - Forex ...