PROTECTED SOURCE SCRIPT
Open Range Breakout
The Open Range Breakout (ORB) Indicator is a powerful intraday trading tool designed to help traders identify key breakout opportunities right from the market open. Here's what it offers:
✨ Key Features:
✅ Automatic Adjustment: Seamlessly adapts to any intraday timeframe – whether it’s 5-minute, 10-minute, or any custom minute chart.
✅ First Candle High & Low: Plots the Day’s First Candle High and Low levels, acting as critical support and resistance zones for the session.
✅ Breakout Signals: Detects breakout moments with precision:
▲ Triangle Up: Signals a bullish breakout above the first candle high.
▼ Triangle Down: Signals a bearish breakout below the first candle low.
✅ Customizable Alerts: Stay informed with real-time breakout alerts to never miss a trading opportunity.
📈 Why Use This Indicator?
Perfect for intraday traders looking to capitalize on early market momentum.
Simplifies decision-making by clearly highlighting breakout levels and signals.
Works across all markets: stocks, forex, crypto, and more.
🔧 How It Works:
At market open, the indicator identifies the first candle’s high and low.
It plots these levels on the chart as dynamic support and resistance.
When price breaks above or below these levels, it triggers a breakout signal (▲ or ▼).
✨ Key Features:
✅ Automatic Adjustment: Seamlessly adapts to any intraday timeframe – whether it’s 5-minute, 10-minute, or any custom minute chart.
✅ First Candle High & Low: Plots the Day’s First Candle High and Low levels, acting as critical support and resistance zones for the session.
✅ Breakout Signals: Detects breakout moments with precision:
▲ Triangle Up: Signals a bullish breakout above the first candle high.
▼ Triangle Down: Signals a bearish breakout below the first candle low.
✅ Customizable Alerts: Stay informed with real-time breakout alerts to never miss a trading opportunity.
📈 Why Use This Indicator?
Perfect for intraday traders looking to capitalize on early market momentum.
Simplifies decision-making by clearly highlighting breakout levels and signals.
Works across all markets: stocks, forex, crypto, and more.
🔧 How It Works:
At market open, the indicator identifies the first candle’s high and low.
It plots these levels on the chart as dynamic support and resistance.
When price breaks above or below these levels, it triggers a breakout signal (▲ or ▼).
Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarlo liberamente e senza alcuna limitazione – per saperne di più clicca qui.
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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 protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarlo liberamente e senza alcuna limitazione – per saperne di più clicca qui.
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.