Get Maverick’s 30 Second Opening Range Indicator for NinjaTrader.
-Plots 30 second opening range
-Set open time for each instrument
-Plots first target “payline” at specificed distance
When the market opens, the algorithms are turned on and there is a large increase in traded volume. This is the algo’s establishing their positions within the first 30 seconds of Regular Trading Hours (RTH), for equities this is 8:30am CST, hence creating the opening range. This is why we want to enter our positions at the opening range
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Past performance Disclosure: Past performance results have inherent limitations, which are outlined below. It should not be assumed that any account will or is likely to achieve profits or losses similar to those shown. In reality, there can be significant differences between past performance results and the actual results achieved by a specific trading program. Moreover, no past performance can fully account for the impact of financial risk in actual trading. Factors such as the ability to withstand losses or adhere to a particular trading program despite experiencing trading losses are important considerations that can affect actual trading results. There are various other market-related factors and the implementation of specific trading programs that cannot be entirely considered in the preparation of past performance results, all of which can impact trading outcomes adversely.
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only. All trades presented should be considered hypothetical and should not be
expected to be replicated in a live trading account.
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