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Increase success rate of ORB 15 Min

 

Increase success rate of ORB 15 Min

  1. Use open high low. If open = low and enter when it crosses high and if open = high then enter when it crosses low.
  2. Use CPR strategy for narrow range cpr stocks and jackpoy cpr stocks for more accuracy.
  3. Selects NR4 or NR7 stocks with inside candle breakout of high and low of NR7 Or NR4 candle with ORB.
  4. Stocks that open above previous day high(buy) or previous day low(sell)
  5. On daily chart if stock is above 10 ema then go for buy side and if less than 10 ema then sell side. (Don’t go against major trend.)
  6. When you select stocks make sure that ADX is more than 40 which means it is trending nicely on one side
Vamshi B

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