This repository contains the code developed for the 'Opening Range Breakout' strategy. It is a renowned method used by traders in the financial market to capture explosive and significant moves that happen at the opening of the stock market.
The code was developed based on the principles and guidelines provided on the development site forexroboteasy.com.
The code provided in this repository is written in Python, making it easy to understand and deploy on any compatible platform. Ensure you have the necessary Python packages installed on your machine.
- Clone this repository to your machine.
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Run the code using a Python compiler.
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- Identifies the high and low range of a specified initial period.
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- Determines the breakout level and generates a signal for buying and selling.
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Calculates the stop loss and take profit levels.
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- Python 3.6 and above
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- matplotlib
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- pandas
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numpy
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If you encounter any issues while using this code, please raise an issue in this repository. Alternatively, you can refer to the development site forexroboteasy.com for a detailed explanation of the strategy and code.
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If you would like to contribute to this project, please fork this repository and submit a pull request.
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This project is licensed under the MIT license.
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This project would not have been possible without the invaluable resources and guidelines provided by forexroboteasy.com. We appreciate the support and knowledge shared by the site.
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Financial trading has a high level of risk. Please ensure you understand the risks involved before using this code for trading. It is not intended as financial advice.
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