Opening Range Test-Retest Strategy Day Trading Rules

Pre-Market Preparation

Setting Up the Trading Environment

  • Select a charting platform.
  • Choose time frames (e.g., 1-min, 5-min).
  • Add moving averages (e.g., 20-day, 50-day).
  • Include volume indicators.
  • Customize colors for clarity.
  • Save chart settings for quick access.
  • Identify stocks with high volatility.
  • Select assets relevant to the strategy.
  • Use filters for market capitalization.
  • Add stocks with significant news.
  • Regularly update the watchlist.
  • Group stocks by sector or industry.

Defining the Opening Range

Entry Criteria

Trade Management

Post-Trade Analysis

End-of-Day Review

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