OPEN-SOURCE SCRIPT
ORBIT
🚀 Sndey ORBIT Strategy
(ORB Intraday Tactic for Indian Markets — 5-min Compatible)
by sndey
🔹 Overview
Sndey ORBIT is a 5-minute Opening Range Breakout (ORB) intraday strategy tailored for the Indian stock market (NSE/BSE). It captures early market momentum with synced Stoploss, Profit Target, and optional Trailing Stoploss, making it ideal for disciplined intraday traders.
🔹 Why “ORBIT”?
ORBIT stands for:
Opening
Range
Breakout
Intraday
Tactic
Like a rocket breaking past gravity, this strategy aims to catch strong price moves that escape the morning consolidation range.
🔹 How It Works
Timeframe: Optimized for 5-minute charts
ORB Range: 9:15–9:30 AM IST (first 15 mins of Indian market)
Entry:
🔼 Buy: Breakout above ORB High
🔽 Sell: Breakdown below ORB Low
Exit:
On hitting Stoploss, Target, or Trailing SL
Fully automated trade reset logic
🔹 Features
✅ Auto-calculated SL & TP based on user-defined Risk %
✅ Optional Trailing Stoploss
✅ Smart daily reset
✅ Visual plots for ORB High/Low, SL, TP
✅ Clear Buy/Sell/Exit signals
✅ Alert-ready for automation or manual execution
🔹 Notes
Designed for Indian traders (works best on NSE/BSE equities and indices like NIFTY, BANKNIFTY)
Use with liquid instruments for reliable breakout behavior
Meant for intraday use only
📌 Important
Test thoroughly using TradingView’s strategy tester and paper trading before deploying with real capital. Adjust Risk % according to your personal risk profile.
Built with precision. Traded with discipline.
Happy Trading!
– sndey
(ORB Intraday Tactic for Indian Markets — 5-min Compatible)
by sndey
🔹 Overview
Sndey ORBIT is a 5-minute Opening Range Breakout (ORB) intraday strategy tailored for the Indian stock market (NSE/BSE). It captures early market momentum with synced Stoploss, Profit Target, and optional Trailing Stoploss, making it ideal for disciplined intraday traders.
🔹 Why “ORBIT”?
ORBIT stands for:
Opening
Range
Breakout
Intraday
Tactic
Like a rocket breaking past gravity, this strategy aims to catch strong price moves that escape the morning consolidation range.
🔹 How It Works
Timeframe: Optimized for 5-minute charts
ORB Range: 9:15–9:30 AM IST (first 15 mins of Indian market)
Entry:
🔼 Buy: Breakout above ORB High
🔽 Sell: Breakdown below ORB Low
Exit:
On hitting Stoploss, Target, or Trailing SL
Fully automated trade reset logic
🔹 Features
✅ Auto-calculated SL & TP based on user-defined Risk %
✅ Optional Trailing Stoploss
✅ Smart daily reset
✅ Visual plots for ORB High/Low, SL, TP
✅ Clear Buy/Sell/Exit signals
✅ Alert-ready for automation or manual execution
🔹 Notes
Designed for Indian traders (works best on NSE/BSE equities and indices like NIFTY, BANKNIFTY)
Use with liquid instruments for reliable breakout behavior
Meant for intraday use only
📌 Important
Test thoroughly using TradingView’s strategy tester and paper trading before deploying with real capital. Adjust Risk % according to your personal risk profile.
Built with precision. Traded with discipline.
Happy Trading!
– sndey
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.