# Open Range Breakout DAX 5/15M

Trades based on open range breakout with specific time windows and fixed position sizing.

Canonical: https://prismaticalgos.com/compendium/algo/1069-open-range-breakout-dax-5-15m
Record ID: 1069
Catalog rank: 2933 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Trend Following & Directional (A)
Source: https://www.prorealcode.com/prorealtime-trading-strategies/open-range-breakout-dax-515m/
Evidence label (unverified): source_code

## Scope and limitations

These are machine-extracted research records, not verified trading systems. Catalog rank measures specification detail and claimed evidence, not profitability. The catalog extraction pipeline did not independently backtest these records. Its separate selected testing ledger does not validate the wider corpus. Rules, labels and parameters can be incomplete or wrong; consult the original source and its reuse terms.

No endorsement, ownership claim or source-code reuse permission is implied.

## Extraction warnings

No automated warnings recorded; this is not validation.

## Recorded profile

- symbols: DAX
- timeframes: M5, M15
- sessions: 9:00-11:30 GMT, 13:00-17:15 GMT
- market_regime: volatile

## Indicators

- Tema: {"period": 5}; applied to: close

## Recorded long-entry rules

- signal CROSSES OVER DailyHigh AND TradeCounterLong = 0

## Recorded short-entry rules

- signal CROSSES UNDER DailyLow AND close < DClose(1) AND TradeCounterShort = 0

## Recorded exit rules

- Time = SellTime

## Recorded filters

- no trading during lunch
- short breakouts after 1500 are not profitable

## Risk controls

- Stop loss: sl
- Take profit: tp
- Position sizing: PositionSize = abs(round((maxrisk/StopLoss)/PointValue)*pipsize)