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Opening Range Breakout Strategy using Candlesticks
Rating: 4.5 out of 5(173 ratings)
602 students

Opening Range Breakout Strategy using Candlesticks

Simple practical methods to identify breakouts. Use candlesticks to trade with ease. Learn to identify targets & stops
Created byAnurag Chandak
Last updated 4/2025
English

What you'll learn

  • Learn the NimblrTA Breakout Strategy
  • Have an understanding of Breakout Ranges
  • Understand Concepts of Decisive and Indecisive Candles
  • Using the CCI Indicator for Breakouts
  • Using EMA Cross-overs for Breakouts
  • Understand Pyramid or Pullback Trades
  • Calculate Targets using Daily Trading Ranges
  • Calculate Stop Losses using Higher Time Frames
  • Understand the Dynamic Exit Strategy
  • Using the Moon Transits for Intraday Trades
  • Understand the effect of Void Phase of the Moon on Trades
  • Know about Effective Risk Reward in lieu of Standard Risk Reward Ratio
  • Learn about Position Sizing using Kelly Criterion
  • Learn the potential of coded indicators on Metastock 4 trading platform
  • Assignments included to master the important topics of the course
  • By the end of this course, you will be armoured to take informed Intraday Trades without anxiety

Course content

7 sections19 lectures1h 58m total length
  • Disclaimer1:00
  • Introduction3:39
  • Setting up NimblrTA Trading View Indicator9:26

Requirements

  • An Open Mind
  • A Spirit of "Yes I Can"
  • An aim to achieve Financial Freedom through Intra-Day Trading
  • Tradingview Free account to plot the Opening Ranges with Free Indicator
  • [Optional] Meta Trader 4 platform with Live Data Feed

Description

Day trading presents an incredible opportunity to achieve financial freedom and is often one of the fastest ways to generate income — as long as you approach it with a solid strategy and a disciplined mindset.

The Opening Range Breakout (ORB) strategy is an excellent example of this approach. With over 40 years of experience in the trading world, we've refined this strategy to simplify your trading experience, eliminating the need to memorize complex candlestick patterns or draw numerous trendlines.

The ORB strategy focuses on Strength Candles and the Commodity Channel Index (CCI) to help identify promising trading opportunities. Whether you’re executing momentum trades, pullbacks, or reversals, this versatile strategy can be applied with precision. Plus, it includes an exit strategy that ensures you maintain a favorable risk-reward ratio, helping you maximize profits and minimize losses.

Designed to work for both experienced traders and newcomers alike, this strategy offers an accessible entry point for those just starting out while providing a powerful tool for seasoned professionals. It helps you trade with confidence, make more informed decisions, and maintain consistency in your trades.

Join our course today to gain a clear understanding of this winning strategy that has been used by thousands of successful traders.

Who this course is for:

  • Beginner Traders curious about learning a profitable breakout trading strategy
  • Home Makers wanting to make an extra earning
  • Retired Personnels wanting to keep earning
  • Traders making losses due to lack of strategy and guidance