Intraday breakout method

Opening Range Breakout (ORB) — range, triggers & paper automation

Sample the opening window from live ticks, lock ORH and ORL, then trade breakouts with measurable R-multiple targets and configurable re-entries.

What is ORB?

Opening Range Breakout measures the high and low during your chosen opening window (default 09:15–09:30 IST). That gives you ORH (opening range high), ORL (opening range low), and R = ORH − ORL.

After the window ends, the range locks. A buy triggers when price crosses above ORH; a sell when price crosses below ORL. Targets scale as multiples of R. This is a separate module from Camarilla — different logic, alerts, and reports.

Daily automation timeline (IST)

09:15 Market opens — tick service starts sampling high/low for your symbols
09:15–09:30 Opening range window (customisable per symbol, e.g. 9:15–9:30)
09:30 Range locks → ORH, ORL, and R = ORH − ORL are fixed for the session
09:30–15:30 Every minute: exit engine, then entry engine on ORH/ORL breaks

Step 1 — Build the opening range

During your window, every tick updates the session high and low. At range_to the range locks.

Opening window 09:15–09:30 ORH ORL R Tick samples → high/low tracked in Redis At 09:30 lock: ORH = session high ORL = session low

Step 2a — Buy breakout (ORH)

Cross above ORH → entry. Stop at ORL. Targets above ORH.

ORH ORL · SL TGT1 TGT2+ BUY on cross ↑

Step 2b — Sell breakdown (ORL)

Cross below ORL → short. Stop at ORH. Targets below ORL.

ORH · SL ORL TGT1 SELL on cross ↓

Step 3 — Targets = multiples of R

If R = ORH − ORL = 10 points, buy targets are ORH+10, ORH+20, … ORH+50. Sell targets mirror below ORL.

ORH (entry) ORL (SL) TGT1 ORH + 1×R TGT2 ORH + 2×R TGT3 ORH + 3×R TGT4 ORH + 4×R TGT5 ORH + 5×R Partial exits at TGT1–TGT5 per your exit mode preset

Step 4 — Re-entries

Set max buy/sell trades per day (1–10). After exit, price must cross the level again — not just stay above/below.

ORH Entry 1 Entry 2 Entry 3 Each entry needs a fresh cross ↑ after the previous trade closed

Implemented rules

Buy

Price crosses above ORH → long MIS paper entry · SL at ORL · targets at ORH + n×R (n = 1…5)

Sell

Price crosses below ORL → short MIS paper entry · SL at ORH · targets at ORL − n×R

Re-entry

After exit, price must cross ORH/ORL again. Max buy/sell trades per day (1–10) per symbol.

Exits

Stop-loss, TGT1–TGT5 partials, or points trailing — same exit modes as Camarilla but range-based.

Separate ORB Telegram alerts

ORB messages use a 🟦 Opening Range Breakout (ORB) header — distinct from Camarilla 🎯 alerts. You get:

  • → Entry alerts with ORH/ORL/R, targets, exit mode
  • → Partial exit alerts with remaining qty
  • → Trade closed summary with exit legs & P&L
  • → Signal-only alerts when auto-trade is off

Trade limits & safety

  • ✓ Max BUY and max SELL trades per symbol per day (your preset, 1–10 each).
  • ✓ No new entry while an open/partial trade exists on that side.
  • ✓ Re-entry requires a fresh cross of ORH (buy) or ORL (sell) after the prior trade closed.
  • ✓ Opening range is per instrument + window — different symbols can use different range times.

How it gives results

  • → Live board shows ORH, ORL, R, LTP, and BUY/SELL/HOLD call per symbol.
  • → Separate ORB Telegram alerts (🟦 header) — not mixed with Camarilla (🎯).
  • → Trade reports tab: timeline, exit legs, win rate, net P&L per ORB paper trade.
  • → Works on vendor OAuth tick Redis — no chart API required.

In the app

  • Live board — ORH, ORL, R, calls, trade counts
  • Trade reports — win rate, P&L, timeline, exit legs
  • Presets — window, qty, exit mode, max re-entries

Paper trading only — virtual MIS orders. Not investment advice.

Start free — try ORB

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