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ORB / Initial Balance strategy with $ES csv data? #914

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brianokarski asked this question in Q&A
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Hi,

Is it possible to create a strategy not based on an indicator but at a level, specifically via an ORB / initial balance method? Say for instance, if a 1min candle closes above the high of the 1HR of trading, long with a -3pt stop, and PT's are at +3pts, +6pts, +9pts.

How would I go about that? Many thanks for your time.

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On second thought, it might be easier to create a custom indicator for the initial balance and then run backtesting.py as-is against it. Curious if anyone has built a strat this way. Thx.

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