Please help with Opening Range Breakout Strategy

[OrderFlow]

I have been working for the past three days on figuring how I can completely automate this strategy to execute every single day after the high and low of the first 5 minutes of trading the ES futures and cannot figure it out. Basically here is my system I want to automate:

• Buy/Sell at market as soon as the price trades a tick above/below the first 5 minute bar high/low.
• Execute this trade every single day after the first 5 minutes.
• Target 1 is at +4 ticks
• Target 2 is at +8 ticks
• Time stop = 10 minutes after entry.
• Stop loss to break even after first target is hit.
• Stop trading after 1 execution of strategy per day.

I tried using your sample breakout strategy and I am only getting around 30 trades executed in strategy analyzer in a 6 month sample. I tried coding it in strategy wizard and the best I can get is for the trade to execute 2 minutes after the 9:35amEST bar close. I am not a programmer and am just beginning to learn C#. Also with strategy wizard and all else I've tried I cannot get it to even execute every day, let alone correctly automate the trade management side of it. I just want A completely automated ORB daily execution and trade management strategy to complement and offset some risk of my discretionary trading.

I will continue to work on improving my NinjaScript skills, but can anyone possibly help me with getting this setup and running? All help would be greatly appreciated.

[NinjaTrader_Ben]

Hello,

It sounds like you will need to debug it:

http://www.ninjatrader-support2.com/vb/showthread.php?t=3418

If you get stumped, post some code with a question or two, and we will try to assist you.

[Stewart Hall]

Hi Orderflow,

I was trying to develop a similar strategy but am really struggling.

Would it be possible for you to send me your strategy as a starting point?

Thanks a million in advance as i have hit a brick wall.

Stewart