Trade-Ideas Support Forum

Etrade Strategy Scanner => Preconfigured Strategies => Topic started by: braddoubleu on May 28, 2013, 01:53:51 pm

Title: Strong Opening Range Breakouts
Post by: braddoubleu on May 28, 2013, 01:53:51 pm
This alert window looks for the highs and lows of the trading range for the firsts 30 minutes and one hour of trading.  Then it alerts you to when these stocks make a move above the high of the opening trading range.  If you buy this breakout keep the stops tight, just a little bit below the breakout point.  Don't stay in the trade too long unless you are up and the stock continues to climb.