Range Commander ORB [JOAT]

An Opening Range Breakout command center: captures the opening range, projects measured-move targets, and tracks the breakout live.


◆ WHAT IT IS

The opening range — the high and low of the first minutes of a session — is one of the most-watched intraday reference structures. Range Commander captures it automatically, locks it into a clean box, and builds a full breakout and target framework around it. It is a context and structure tool: it maps the range, marks the breaks, and tracks the targets — it does not fire endless buy/sell arrows.

This is 100% original code, written from scratch. It does not reuse any other author's ORB script.



◆ HOW IT WORKS

1. Range capture. During your chosen session window (default 09:30–09:45 New York, fully adjustable with a timezone selector), the indicator records the running high and low into a live box.

2. Lock and project. When the window closes, the range locks. Its height becomes 1R, and the tool projects measured-move target rails at ±0.5R, ±1R and ±1.5R (all configurable), plus the range midline.

3. Breakout logic. A breakout is registered on either a close beyond the range (cleaner) or a wick beyond the range (faster) — your choice. An option stamps only the first break per side per day to keep the chart immaculate. A minimum range-size filter (in ATR) lets you skip dead, low-range opens.

4. Retests and targets. After a break, the first return to the broken edge is marked with a subtle diamond, and each measured-move target is tracked as hit or unhit in the dashboard.



◆ WHAT YOU SEE

• A precision opening-range box with high/low rails and optional midline
• Measured-move target rails at ±0.5R / ±1R / ±1.5R
• Minimal breakout stamps and retest diamonds — no arrow spam
• A resizable command dashboard with breakout status, OR high/low with intact-or-broken state, range height, range-versus-ATR quality (tight / normal / wide), which targets have printed, and retest status



◆ HOW TO USE IT

• Set the session window to match your instrument and desired ORB length (e.g. 0930-1000 for a 30-minute range).
• A wide range vs. ATR often signals a more energetic session; a tight range warns breakouts may be prone to failure.
• Use the ±R target rails as objective, pre-defined profit references and the opposite range edge as a natural invalidation.
• Designed for intraday timeframes. On daily and higher charts the session concept does not apply, and the dashboard will say so.



◆ NOTES & LIMITATIONS

Use on standard candlestick charts and intraday timeframes. Opening-range breakouts fail as well as follow through — the tool maps structure and targets, it is not financial advice and cannot guarantee a break will run. Combine it with your own analysis and risk management.

— made with passion by officialjackofalltrade