New York Opening Range Breakouts with Trend and Volume Filters

Summary

The visible script describes an intraday opening-range breakout approach. It defines a 15-minute range after the New York open and a trade window from 9:30 to 11:00, with a short session-exit window afterward. The visible settings include a risk/reward ratio of 2, selectable stops based on the full or midpoint range or an ATR distance, and optional filters for candle-close confirmation, ADX strength, RSI extremes, 200- and 50-period EMAs, volume relative to its 20-period average, and VWAP. Trailing stops and re-entry are also configurable.

The document is truncated partway through the inputs, before the entry, exit, and risk-sizing logic is shown. It therefore does not establish exactly how these settings interact, what instruments or chart intervals are intended, or how many trades are permitted. No backtest results or performance evidence are included. The visible material is useful as a menu of common breakout controls, but the missing remainder prevents a full evaluation or faithful reconstruction of the strategy.

Key ideas

• The visible settings define an opening range, a morning trading window, and a later session-exit window.
• The strategy offers alternative stops based on the range or ATR and specifies a configurable risk/reward ratio.
• Optional filters include close confirmation, ADX, RSI, moving averages, volume, and VWAP.
• The source is cut off before its entry and exit rules, and it supplies no performance evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.