# ORB - Opening Range Breakout

Automated 5-minute Opening Range Breakout strategy for NinjaTrader.

Canonical: https://prismaticalgos.com/compendium/algo/11437-orb-opening-range-breakout
Record ID: 11437
Catalog rank: 2212 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Trend Following & Directional (A)
Source: https://github.com/FelBenitez/5m-ORB-Strategy
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: Not specified
- timeframes: 5M, 1M, D
- sessions: London/New York
- market_regime: trending|ranging|volatile|breakout|any

## Indicators

- EMA: {"period": 9}; applied to: close
- EMA: {"period": 21}; applied to: close

## Recorded long-entry rules

- Box size validation
- EMA(9/21) alignment
- Volume multipliers
- Prior-day high/low context

## Recorded short-entry rules

- ...

## Recorded exit rules

- Automatic stop move to breakeven at +1.5R

## Recorded filters

- Box size validation
- EMA(9/21) alignment
- Volume multipliers
- Prior-day high/low context

## Risk controls

- Stop loss: null
- Take profit: null
- Position sizing: null