Opening Range Breakout Strategy
Trade breakouts from the first N minutes after the cash session open. Define the range, wait for a clean break with buffer, and manage risk with structure-based stops.
What is Opening Range Breakout?
Opening Range Breakout (ORB) defines the high and low of the first orbMinutes after sessionStart (e.g. 9:30 ET for US equities). Long on break above range high plus breakBuffer; short on break below range low minus buffer. Stops use stopMode (opposite side of range, midpoint, or ATR). VaultCharts does not ship a dedicated ORB script — use pattern recognition, structure tools, and trade plans to mark the range and log each session setup.
Key parameters
| Parameter | Type | Default | Description |
|---|---|---|---|
| sessionStart | string | 09:30 | Cash session open time (exchange timezone) |
| orbMinutes | number | 15 | Minutes to define opening range |
| breakBuffer | number | 0.001 | Buffer beyond range for valid break (ratio or ticks) |
| stopMode | string | opposite | Stop placement: opposite / midpoint / atr |
Use cases
- ✓US equities cash open momentum
- ✓First 15–30 minute range break
- ✓Index futures at RTH open
- ✓Session-based intraday playbooks
How to run this in VaultCharts
This is a playbook page — not a separate paid product. Use Auto Patterns, supply & demand / structure tools, trade plans, and the optional BYOK AI assistant to scan related setups on your local charts.
Practice Opening Range Breakout on your charts
Free desktop charts with auto patterns, multi-timeframe structure, trade plans, and optional BYOK AI. You stay in control of every decision.