Opening range breakout (indices)
What it is
Trade the break of the first 15–30 minutes' high or low after a stock market opens.
The rules
SetupMark the high and low of the first 15 or 30 minutes after the cash open.EntryOn a candle close beyond the range, in the direction of the break.StopThe middle or other side of the opening range.Target1–2× the range, or close before midday.
When it fails
On quiet, range-bound days, and around big news that whips both ways.
Risk profile
Fast moves and wider spreads at the open: slippage matters.
Who it suits
Traders available at the market open who can act quickly.
Automate it
These rules can be turned into TradingView alerts and copied to your accounts with Goldman Copier.
Education, not advice. Goldman Academy teaches how markets and tools work. Nothing here is a recommendation to buy or sell, and no lesson promises profits. Trading leveraged products carries a high risk of losing money; only trade money you can afford to lose.