Signal library · Multi-timeframe
Opening-range breakdown with the daily trend
A 15-minute opening-range breakdown on 5-minute bars, only when the daily close is below its 20-day EMA.
- What it is for
- Day-trade breakdowns in the direction of the swing trend.
- Rule
- Sell short on 5m bars when (close crosses below or low) and (or ready above 0) and (or minutes below 150) and (d trend below 0). Stop: 1.5 × ATR(14) from the entry. Target: 2 × the risk (stop distance). Exit after 36 bars at the latest.
- Side
- ▼ Short (sell / exit)
- Timeframes
- 5m
- Runs on
- Your watchlist, your holdings and the market scanner
Out of sample · after fees and slippage
Verified record
| Market | Timeframe | Status | Trades | Expectancy / trade | Hit rate | Max drawdown |
|---|---|---|---|---|---|---|
| United States | 5m | information only | — | — | — | — |
| India | 5m | information only | — | — | — | — |
| United Kingdom | 5m | information only | — | — | — | — |
| Europe | 5m | information only | — | — | — | — |
Backtested on past data after estimated fees and slippage, out of sample. Past results do not predict future results. Signals are market information, not advice.
Investing involves risk, including loss of principal. AlgoNexus does not guarantee returns. Past or simulated performance does not guarantee future results.
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