NR7 breakout
When yesterday had the narrowest range of the last seven days, a bigger move often follows. Trade the break of that narrow day's high or low.
Watch it play out
Replay plays a setup this strategy already finished and stops so you can call it. Live watches for the next one on Bitcoin (BTC-USD, 1-minute candles). Either way a setup is marked only when a candle closes, then it's locked and plays out to its target or its stop. Nothing to trade here.
How the live chart applies the rules
- 1-minute candles. The chart runs every strategy on 1-minute Bitcoin candles from Coinbase, whatever timeframe the strategy page suggests. Times are New York time.
- Closed candles only. Levels, triggers and stops are read when a candle closes. Entry is that candle's close.
- One setup at a time. While a setup is playing out, the same strategy doesn't start another.
- Sensible risk only. A setup counts only if its stop is between a quarter and 6 times the average candle range (ATR 14) from entry (wider for session-range strategies), and its target is at least 0.75R away.
- How a setup ends. At its target or its stop. If one candle touches both, the stop counts. A setup also ends at any exit its page names, and after 120 candles (longer for trend and session strategies) if nothing is hit.
- Replays. A replay plays the latest setup this strategy finished on the live chart's recent history, sped up. It's the same setup the live chart confirmed, with the same entry, stop and result. If the strategy hasn't finished one recently, the replay uses example candles and says so.
- The trading day. A day runs 6:00 PM to 6:00 PM ET, like futures. VWAP restarts at 6:00 PM, and "yesterday" means the last full trading day.
How NR7 breakout works
- 1Where's the level?
- The high and low of the NR7 candle: the narrowest of the last 7 candles (the daily candle in the classic version; the live chart uses its own candles).
- 2What's the trigger?
- Within the next 5 candles, a candle closes beyond the NR7 high or low.
- 3Where is it wrong?
- The opposite side of the NR7 candle.
- 4Where does it end?
- 2R.
- Markets
- Futures, Stocks
- Timeframes
- 1d (traded intraday)
- Sessions
- Next day open
- Also called
- narrowest range in 7
What it means
When yesterday had the narrowest range of the last seven days, a bigger move often follows. Trade the break of that narrow day's high or low.
How it is confirmed without repainting
The NR7 candle is known only after it closes.
When it fails
Both sides break the same day.
Education only. Prop Firm Duel does not provide trade signals or financial advice. This page explains how the strategy is commonly defined. Past results never guarantee future results.
More Breakout strategies
All strategiesBreak and retest
Old resistance becomes new support. After price breaks a level, wait for it to come back and hold that level before joining the move.
See the rulesBollinger band breakout
After a quiet stretch where the Bollinger bands narrow, a close outside the band with the bands starting to widen often marks the start of a move. The opposite of fading the band.
See the rulesInside bar breakout
An inside bar is a candle that sits entirely within the previous candle's range. It shows a pause. A close beyond the larger 'mother' candle often starts the next move.
See the rules