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First 15 Minutes High/Low

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First 15 Minutes High/Low Strategy
This indicator tracks the high and low prices during the first 15 minutes of trading and generates signals when price later breaks through these levels. It's based on the Opening Range Breakout (ORB) strategy, which is popular among day traders.

Key Features:
  • Automatically identifies high and low prices from the first 15 minutes of trading
  • Draws horizontal lines at the session high (red), low (green), and midpoint (blue)
  • Generates buy signals when price closes above the high level
  • Generates sell signals when price closes below the low level
  • Visual markers for breakouts with triangle indicators
  • Customizable session time to adapt to different markets


How to Use:
  1. Apply the indicator to any chart with a timeframe of 15 minutes or smaller
  2. Set your desired session time (default is 09:15-09:30)
  3. Wait for the first 15-minute range to establish
  4. Watch for breakout signals above or below this range


Alert Options:
  • High Breakout: "Long Opportunity: Price closed above the first 15-minute high!"
  • Low Breakout: "Short Opportunity: Price closed below the first 15-minute low!"


This indicator is ideal for traders looking to capitalize on momentum after the initial market open. It works well in markets that tend to establish a directional trend after the opening period.

Settings:
  • Session Time: Customize the first 15-minute window
  • Line Settings: Toggle visibility of high, low, and middle lines
  • Alert Settings: Enable/disable alert functionality

Works best on liquid assets with active morning trading sessions.

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.