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GC ORB Break-Retrace (Webhook V2)

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🧭 ORB Strategy – 5-Minute Chart (GC ORB Break-Retrace)

⚙️ Purpose
• Capture early momentum from the market’s opening volatility window (first 5–15
minutes).
• Focused on NASDAQ Micro Futures (MNQ) but adaptable to ES, NQ, MES, etc.
• Designed for short, structured trades with tight stop-loss and take-profit levels.



🕒 Timeframe & Session
• Chart: 5-Minute.
• Trading Window:
• Monitor from 9:25 AM to 10:30 AM EST.
• Signals begin only after 9:30 AM open once the first 5-minute candle closes.
• Avoid entries during major news releases (10 AM or 2 PM economic reports).



🧩 Setup
1. Load the 5-minute chart for your instrument (e.g., MNQZ25).
2. Mark the Opening Range (OR):
• High and Low of the 9:30–9:35 AM candle.
3. Wait for price to break above or below that range.
4. Use the retrace-confirmation entry rule:
• After breakout, wait for a small pullback that respects the broken OR line.
• Enter on the retest continuation in the breakout direction.



📈 Entry Rules

LONG Entry:
• Price breaks above OR high.
• Wait for a pullback that holds above that high.
• Enter long on the next bullish 5-min candle close confirming strength.

SHORT Entry:
• Price breaks below OR low.
• Wait for a pullback that fails to reclaim the OR low.
• Enter short on the next bearish 5-min candle close confirming weakness.



🎯 Trade Management
• Position Size: 1–10 contracts (based on risk).
• Take Profit (TP): +100 ticks (can be adjusted to volatility).
• Stop Loss (SL): −132 ticks default.
• Risk/Reward Ratio: ~1:1.3 by default.
• Trailing: Optional — can be enabled once trade moves +60–80 ticks in profit.



🧠 Best Practices
• Trade only one breakout per session — avoid chasing reversals.
• Prefer clean OR zones with clear structure, no overlapping wicks.
• Skip trades if volume is low or volatility is extreme (e.g., after CPI/FOMC).
• Always confirm trend direction with VWAP slope and EMA alignment (9/21/50).
• Avoid trades during the first minute of breakout — wait for confirmation candle close.

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