ORB strategy capitalizes on the price action that unfolds during the critical opening phase of the trading session, a period often characterized by heightened volatility and significant directional moves.

This tool simulates the equity curve, which represents the account balance or value over a specified period. It takes into account various parameters, including win percentage, win/loss ratio, risk per trade, number of trades, and more.

This document explores the application of swing trading principles using the NinjaTrader platform. It specifically highlights a strategy that targets stocks within the Russell 3000 index that are breaking out to new 52-week highs.

This is a breakout trading strategy using an ATR trailing stop as exit.

By combining the Donchian Channel with an ATR Trailing Stop, this indicator provides a clear visual framework for capturing trends, spotting breakouts, and setting dynamic stop-loss levels.