Open Range Breakout ORB documentation

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01/23/2017 at 2:16 PM #22138 quote

Eric
Participant

Master

Trading the open range breakout

https://pdfs.semanticscholar.org/1f98/76eb8f4d43e33925cfc02d1196c773db899c.pdf

01/23/2017 at 2:28 PM #22140 quote

Nicolas
Keymaster

Master

Thanks Eric, another food for thoughts.

I jumped directly to the conclusion of this students report:

Backtesting was performed on 250 stocks from various industry

groups over the last five years (4/21/2005-4/21/2010).

The project team identified 22 stocks that perform well with the Opening Range Breakout strategy explained in section 4.6.

Accordingly to this report less than 10% of the tested stocks universe is significantly interesting for ORB. IMHO, Open Range Breakout are more tradable with indices, we have so many examples in the library and forums.

Do you have any opinion on this document yourself?

01/25/2017 at 8:38 PM #22487 quote

Eric
Participant

Master

Yes i would also prefer indices and forex before stocks

i think the gaps and trading costs, slippage using stocks would be a problem

i found this on a old computer i did some testing a couple of years ago but didnt found something i liked, maybe someone else is smarter and can use it

i also read this book then https://www.amazon.com/Logical-Trader-Mark-B-Fisher/dp/0471215511
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Open Range Breakout ORB documentation

General Trading: Market Analysis & Manual Trading

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Eric @eric Participant

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This topic contains 2 replies,
has 2 voices, and was last updated by Eric
9 years ago.

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Forum:	General Trading: Market Analysis & Manual Trading
Language:	English
Started:	01/23/2017
Status:	Active
Attachments:	No files

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