Open Range Breakout ORB documentation

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  • This topic has 2 replies, 2 voices, and was last updated 7 years ago by avatarEric.
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  • #22138
    #22140

    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?
    #22487

    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

     

Viewing 3 posts - 1 through 3 (of 3 total)

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