Best Performing Opening Range Breakout of 2024

[@TheTradingCFO]

Can you filter by target and stops using a $ offsets.

[@ChecoNQ]

i been trying to get this but the website is not working

[@TOSIndicators]

All of the spots have currently been claimed. We should be releasing more this week!

[@rafaelw3171]

Can I change it to a higher risk level on the tool like 4/1 or is it only 2/1?

[@TOSIndicators]

Hi Rafael - the max right now is 2/1

[@suntouch3r]

Heh, negative Risk-Reward gives positive profit curve

[@robmccance]

Oh yeah and what chart TF is the backtester using? 1m, 5m, etc?

[@TOSIndicators]

Hi Rob, the backtester uses exact price levels for entries/exits, and has the precision of 1-min candles.

[@mikesterchan]

@@TOSIndicators I don't see the back tester asking for the entry price and exit price. Too simple to know if this strategy works

[@TOSIndicators]

Entry and exit condition orders are coded into the backtester.

[@robmccance]

This is a cool tool! I've been doing it the "hard" way (not really that hard) by coding this in TS and backtesting it. What does your tool consider a OR Break? A close above/below. A simple penetration (wick). Some other combination? Also, this would be quite costly doing this with SPY, DIA, QQQ, etc. have you tested it with the corresponding futures (YM, NQ, ES, RTY)? THANKS!!

[@TOSIndicators]

Hi Rob, option 2 from your list -- price going at least $0.01 above/below the ORB levels (ie. a breakout).