Sessions and opens

Opening range breakout

The rules, in plain English. Ask Wicky “Is my setup here?” and it checks each one on your chart, says what’s still missing, and draws your levels.

The rules

Opening range: the high and low of the first 15 minutes after the open (9:30–9:45 New York for US futures and stocks).
Long trigger: a 5m candle closes above the opening range high with a strong body (not just a wick).
Short trigger: a 5m candle closes below the opening range low.
Entry: the close of the breakout candle, or the first retest of the range edge if it holds.
Stop: the middle of the opening range.
Target: the opening range height projected from the breakout (or the previous day high or low if closer).
Skip it after 11:00, or if the opening range is unusually wide compared with recent days.
On the chart: the opening range high and low marked.

Try this setup on your chart ›Wicky for Mac

How Wicky checks it

Hold ⌃⌥ over your chart and ask. Wicky reads the chart on your screen, on any platform, and checks every rule above, starting with “Opening range: the high and low of the first 15 minutes after the open (9:30–9:45 New York for US futures and stocks)”. Then it answers out loud: not yet, and what you’re still waiting for, or your entry, stop and target with the risk-to-reward, drawn on your chart and locked to it as you scroll.

Trade it a little differently? Change any rule, or write your own in plain English. Wicky checks your version, not a textbook’s.

Wicky checks your own rules. It doesn’t tell you to buy or sell, doesn’t predict price and never places trades. Trading involves substantial risk of loss. ICT and Smart Money Concepts are named to describe setups; Wicky isn’t affiliated with their authors.