TouchGrass - The Indicator. The AI. The Edge.

What Is Opening Range Breakout?

The Opening Range is the high and low established during the first X minutes of the trading session. A breakout above or below this range often leads to a sustained move in that direction.

💡 Why ORB Works: The open is when institutional traders establish their positions for the day. The range they create becomes a battleground — the breakout reveals who won.

🎯 How TouchGrass ORB Works

Session Starts (9:30 EST default)

The indicator begins tracking the high and low. Box draws in real-time.

ORB Period Ends (9:45 default, configurable)

High and low are locked in. Labels show exact ORB H and ORB L values.

Box Persists Until Next 9:30

The ORB zone stays visible all day (and overnight) until the next session opens.

📈 How to Trade ORB

🚀 Breakout Long

• Price breaks ABOVE ORB High
• Wait for candle CLOSE above
• Entry: On close or retest of ORB H
• Stop: Below ORB midline or ORB Low
• Target: 1-2x the ORB range height

📉 Breakout Short

• Price breaks BELOW ORB Low
• Wait for candle CLOSE below
• Entry: On close or retest of ORB L
• Stop: Above ORB midline or ORB High
• Target: 1-2x the ORB range height

🔄 Fade Strategy (Advanced)

On range-bound days, the ORB levels act as support/resistance. Fade the extremes when price touches ORB H or ORB L but fails to break. Look for rejection wicks and use the midline as target.

⚙️ Settings

Setting	Default	Options
ORB Session	0930-0945	15-60 min window. Common: 0930-1000, 0930-1030
Timezone	America/New_York	Chicago, Los Angeles, London, UTC

💡 Tip: For crypto (24/7 markets), use a custom session like 0000-0100 UTC or align with major market opens (London 0800, NY 1300 UTC).

✅ Best Practices

✓Wait for confirmation. Don't enter on the first wick above/below. Wait for a candle close.
✓Check the MA color. Breakout longs work best when the Momentum MA is green.
✓Use the midline. It often acts as the first support/resistance after a breakout.
✓Combine with PD levels. If ORB H aligns with PDH, that's a stronger level.

📋 Quick Summary

• ORB = High and Low of first X minutes of session
• Breakout above ORB H = potential long opportunity
• Breakout below ORB L = potential short opportunity
• Always wait for confirmation (candle close)
• Box persists until next 9:30 — levels stay relevant all day

Opening Range Breakout (ORB)