Opening Range Breakout (ORB) Strategy

Learn the Opening Range Breakout (ORB) strategy for Futures, including NQ. This price action strategy uses 15, 5, or 1-minute timeframes, identifying breakouts

Published · Updated · Methodology: Price Action

Part of: Opening Range Breakout (ORB)

  • Methodology: Price Action
  • Content type: strategy
  • Timeframes: 15 minutes, 5 minutes, 1 minute
  • Markets: Futures, NQ (Nasdaq 100 Futures)

Indicators used

  • Opening Range Breakout (ORB)
  • VWAP
  • EMA 9
  • EMA 20

Source video

Decoded from: Cómo Usar el ORB de 15 Minutos en Futuros | Opening Range Breakout Explicado Paso a Paso by Lumar Trading — watch the original

Key timestamps:

  • 0:18 - ORB definition and timeframe
  • 1:25 - How ORB is marked on 15-minute candle
  • 2:00 - Expecting a breakout after ORB formation
  • 2:20 - Importance of retest for entry
  • 3:45 - Example of short entry with retest
  • 5:40 - Example of long entry with retest
  • 6:50 - Candle starting below/above ORB for confirmation

Strategy overview

An opening range breakout marks the high and low of the session's first minutes — here the 15-minute range that forms right after the 9:30 a.m. futures open — and treats a break of either edge as the day's first directional signal. What sets this walkthrough apart from the many ORB explainers around it is where it places the entry: not on the break itself, but on the pullback that comes back to test the edge that was just broken. Roughly half the video is spent on that single distinction.

The source is Lumar Trading's Spanish-language step-by-step guide, "Cómo Usar el ORB de 15 Minutos en Futuros". It moves in order — define the range, mark it once the opening candle closes, then wait — and spends the second half on two worked chart examples, one short and one long, each hinging on price returning to the level before the trade is taken. VWAP and a pair of fast EMAs sit on the chart as backdrop, but the retest, not indicator confluence, is what the video treats as the trigger.

That emphasis is also where the difficulty lives. What counts as a valid retest — how deep the pullback may go, how quickly it must reject, how much time can pass before the break is stale — is shown through examples rather than written out as a specification, which is the usual gap between a teachable concept and a testable system. This page catalogues the setup as the video presents it; the candle-by-candle reasoning belongs to the source itself.

Topics

opening range breakout strategy · orb strategy · price action · futures trading strategy · nq trading strategy · nasdaq 100 futures · 15 minute strategy · 5 minute strategy · 1 minute strategy · trading strategy · pine script · tradingview strategy · scalping strategy · day trading strategy

Frequently asked questions

What is a 15-minute opening range breakout on futures?

It uses the high and low of the first 15 minutes after the futures market opens as the day's reference range, then looks for price to break above or below that range as the first directional read of the session.

Why wait for a retest instead of entering on the break?

A retest asks price to come back to the broken edge of the range and hold it before the trade is taken. This video treats that return as the entry condition rather than the first push through the level, and both of its chart examples — one short, one long — are built around it.

What does the Lumar Trading video actually cover?

It is a Spanish-language step-by-step explainer: how the opening range is defined, how it gets marked once the opening candle closes, what to expect after the range forms, and then two worked examples showing the retest entry in each direction. It teaches through those examples rather than publishing a written rule set.

How can I evaluate an ORB setup like this one?

Define what a valid break and a valid retest mean in objective terms, then test that definition on historical intraday data before risking capital. Strategy Decoder catalogues strategies like this one from video sources so you can see the concept, the timeframe and the context it was taught in before you build your own version.

About this strategy page

This trading strategy was decoded by Strategy Decoder's AI from a public YouTube trading video and turned into a structured, reviewable specification. In the interactive app this page shows the full entry and exit logic, risk management settings, the indicators involved with their parameters, AlgoWizard-compatible logic and a Pine Script export ready for TradingView backtesting — plus an automated backtest verdict when one has been computed for this strategy.

Strategy Decoder catalogs 2,229 decoded strategies. Each one is extracted with confidence scoring, cross-linked to the indicators it uses, and kept up to date as new videos are processed daily. Load this page with JavaScript enabled to use the interactive tools, or start from the strategy explorer to filter by methodology, market and timeframe.

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