Trading Edge Resources – 15-Minute Opening Range Breakout (ORB) – Rule-Based Algorithm for Sierra Chart

15-Minute Opening Range Breakout (ORB) is an ACSIL study for Sierra Chart designed to automate and structure one of the most widely used intraday breakout models around the opening range.

It builds a precise Opening Range (first 15 minutes of session), then monitors only valid, filtered breakouts with strict risk and time constraints, reducing noise and focusing on high-quality breakouts.

What You’ll Learn In 15-Minute Opening Range Breakout (ORB) – Rule-Based Algorithm for Sierra Chart

• Fully automated Opening Range calculation
• Strict fresh-breakout logic
• Range-based market filter
• Session-aware signal controls
• Dynamic TP levels
• Line cutoff system
• Per-day signal limits
• Optional alert system
• Clean visual structure for discretionary + systematic traders

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