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London open · Opening range breakout

Dawn Range

Marks gold's first 30 minutes after 2:00 AM ET and trades the first break out of that range.

How it trades

  1. Marks the high and low from 2:00 to 2:30 AM ET.
  2. The first 5-minute close above the range goes long; the first close below it goes short.
  3. Stop at 3 times the average true range, target at 2 times it.
  4. Last entry at 7:30 AM ET. Any open trade is closed at 8:00 AM ET.

Who it's for

Traders who want one early gold trade before the New York day starts.

Risk rules

  • One trade per session, one position at a time.
  • The target is smaller than the stop, so it relies on a high win rate.
  • No daily loss limit.
Run every bot on Sim before trading it live, and size it to your account. Settings like contracts are adjustable. This bot has no built-in daily loss limit.

Bot spec

Beta
MarketsMGC · GC
ContractsMicros or minis (MGC or GC)
Chart5-minute chart
SessionLondon open
Trading window2:00 AM – 8:00 AM ET
StyleOpening range breakout
Trades1 per session
Stop / target3× ATR stop / 2× ATR target
In NinjaTrader asLondon ORB MGC
PlatformNinjaTrader
Included inEvery plan

Trading window

Asia
London
New York
6 PM3 AM9:30 AM4 PM
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Also included

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