What is your view on Open Range Breakout strategy?

Hi all,

I'm from India. I've been researching on Algorithmic trading from 3-4 months and trying to find strategies which has some edge.

I've come across Open Range Breakout strategy. I've coded ORB on Stocks. Stocks are selected based on high gap ups/downs daily. It's running on paper from 3 days. I know 3 days is not enough to comment on its performance.

Did anyone try this strategy? Does it really work? What is the profitability?