# ORB

Enter long on the first 5m close beyond the opening range at the next bar's open; stop at the opposite side; target = 0.5 × the stop.

Canonical: https://prismaticalgos.com/compendium/algo/11318-orb
Record ID: 11318
Catalog rank: 1641 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Trend Following & Directional (A)
Source: https://github.com/jadenmachado2009/nq-algo-strategy-lab
Evidence label (unverified): backtest_shown

## 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: NQ / MNQ
- timeframes: 5m
- sessions: any
- market_regime: trending|volatile

## Indicators

No indicator stack recorded.

## Recorded long-entry rules

- first 5m close beyond the opening range at the next bar's open

## Recorded short-entry rules

- Not specified.

## Recorded exit rules

- stop at the opposite side; target = 0.5 × the stop

## Recorded filters

- Not specified.

## Risk controls

- Stop loss: stop at the opposite side
- Take profit: target = 0.5 × the stop
- Position sizing: one trade per day per window; flat by the close