Gap Fill + Opening Range Strategy by AIScripts
By AIScripts
Performance Metrics
- Author: AIScripts
- Symbol: NASDAQ:TSLA
- Timeframe: 1 minute
- Net P&L: +215.92 USD (+0.22%)
- Win Rate: 36.1%
- Profit Factor: 1.036
- Max Drawdown: 421.44 USD (0.42%)
- Total Trades: 845
Description
Why this is trending nowRight now (especially in US markets):- Markets are opening with large gaps (overnight news, macro tension)- Price often either: - fills the gap - or strongly rejects and trends awayTraders are focusing on:gap behavioropening range breakout/reversalearly session volatilityStrategy IdeaThis strategy combines:1. Gap DetectionToday’s open vs yesterday’s close2. Opening Range (first X minutes)Define high & low of early session3. Reaction LogicTrade:gap fill (mean reversion)or breakout (continuation)