Ultimate Opening Range Breakout

Ultimate Opening Range Breakout is the house's full-workflow take on the opening range breakout: it brackets the high and low from a user-defined window, prints volume-graded break signals the moment price escapes, projects expansion targets sized to the range, and manages the position with an ATR trailing stop, while a dashboard logs how often each target has historically been reached.

How to Trade the Ultimate Opening Range Breakout?

• BULL BREAK / BEAR BREAK: printed when price clears the opening range high or low.
• (HV) and (LV) tags: break volume above or below the 20-period average. High-volume escapes carry conviction, low-volume ones fail more easily.
• Expansion targets: profit-planning levels scaled to the range's size, adapting to each day's volatility.
• Hit Rate dashboard: how often Targets 1-3 have been reached historically, a reality check for exits.
• The range's POC: an internal volume profile reveals the volume point of control of the opening range. Breaks holding away from it suggest acceptance; quick returns warn of failure.

The ATR trailing stop adapts to volatility, while the Stop Optimizer simulates five multiplier settings to show which held up best on past data.

Ultimate Opening Range Breakout Settings

• Opening Range Session and Timezone: the window that forms the range (0930-1000 is a common choice) and its clock.
• Range Source: High/Low extremes or Close values for stricter confirmation.
• Extension Type: Multiples of the range or Fibonacci levels (0.382, 0.618, 1.0).
• Number of Rows / Profile Width: the volume profile's resolution and footprint.
• ATR Multiplier and Show Stop Optimizer: trailing stop sensitivity, plus the five-setting comparison engine.
• End Plotting At: stop drawing at a chosen market close to keep charts clean.

Frequently Asked Questions

Which opening window should I use?

How does it differ from Opening Range with Breakouts & Targets?

Is the Ultimate Opening Range Breakout free?