Open Range Breakout Expert Advisor - DAX Trading System
Trading Strategy

Open Range Breakout DAX Strategy Description

With this DAX strategy - the trading is preferred in the 1 or 5 minute chart. It will be speculated a breakout after the opening range in the market.

this strategy can be used in different markets, such as stock indices (DAX, EuroStoxx, Dow, S&P 500 etc.), bonds (Bund future etc.), currencies (EUR / USD etc.), raw materials (WTI, Brent Oil etc.), precious metals (gold etc.).

There are many different approaches to setting out the time frame for the Open Range. While some of the DAX Traders choose the high and low in the time between 9:00 and 10:00, others recommend using e.g. 8:00 - 9:00, 8:00 - 9:15 or 9:00 - 9:45 . I prefer the DAX range from 8:01 am to 9:00 am. Since big jumps can occur again at 8:00 am, I decided to wait a minute.

For the Dow or S&P500, the recommended time frame for the open range is the first 45 minutes after the stock market opens. It is usually the time from 3:30 pm to 4:15 pm. But even here every trader has your own strategy.



Download
Trial Demo MT4 Version
Trial Beta Demo MT5 Version

Links


NEW VIDEO
Dax Open Range
Buy Now


More tools:


    EA StealthOrders
StealthOrders

Info:

Open Range Breakout MT4 runs on all indices, metal and stocks symbols with two digits

ORB MT5 version is Forex compatible



Customer Service:

Kundenservice

You have questions about our products?

Feel free to contact our customer service via the contact form.

Social Media



Contact

Tel: +49 30 64091883
Fax: +49 30 64091884
ea[at]magic-hardware.de
© 2020 Magic Hardware