One Shot X
A clean and powerful Opening Range Breakout (ORB) indicator designed for intraday traders. This indicator captures the first candle at your specified market open time and triggers long/short signals when price breaks above or below that opening range.
⚙️ How It Works
• At your configured market open time, the indicator captures the high and low of that candle as the "Opening Range"
• 🟢 A **Long** signal triggers when price closes above the Opening Range High
• 🔴 A **Short** signal triggers when price closes below the Opening Range Low
• 🛑 Stop Loss w/offset is automatically placed at the opposite side of the opening range
• 💰 Take Profit is calculated based on your specified R:R ratio
• ☝️ Only ONE trade per day - no overtrading
✨ Features
• 🎨 Fully customizable label colors and sizes for entries/exits
• 📊 Professional dashboard with vertical or horizontal layout options
• 📍 Real-time display of Entry, Stop Loss, Take Profit levels
• 📈 Tracks total Long and Short signals taken
• 📏 Opening Range High/Low levels displayed
• ⏰ Configurable market open time (default 9:30)
• 🚫 Weekend filtering (no signals on Saturday/Sunday)
• 🔔 Built-in alert conditions for all signal types
📌 Best Used On
• 📊 Stocks, ETFs, and Futures
• ⏱️ 1-15 minute timeframes
• 🏛️ Markets with defined opening times (NYSE, NASDAQ, etc.
🔔 Alerts Available
• 📢 All Signals
• 🟢 Buy Entry
• 🔴 Sell Entry
• ✅ Buy Take Profit
• ✅ Sell Take Profit
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⚠️ DISCLAIMER:
This indicator is provided for educational and informational purposes only and should not be considered financial advice. Trading stocks, futures, and other financial instruments involves substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results. Always do your own research and consult with a licensed financial advisor before making any trading decisions. The author is not responsible for any financial losses incurred from using this indicator. Trade at your own risk.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact E116 directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact E116 directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.