OPEN-SOURCE SCRIPT
Updated ORB 15min: Break & Confirm
Using the 15-minute opening candle range, this generates an alert when a 5-minute candle breaks the range and another 5-minute candle closes above the breakout candle's high or the high of any other candle that attempted to break the range.
Release Notes
This script uses the 15-minute Open Range Breakout StrategyRelease Notes
This is an ORB strategy that uses a 15-minute candle as the opening range and requires a 5-minute candle to first break the range and another 5-minute candle to close above the high of the breakout candle or any candle that previously tried to close above the breakout candle high. Release Notes
This is an ORB strategy that uses a 15-minute candle as the opening range and requires a 5-minute candle to first break the range and another 5-minute candle to close above the high of the breakout candle or any candle that previously tried to close above the breakout candle high. It also uses VWAP and 20EMA to confirm the entry.Release Notes
This is an ORB strategy that uses a 15-minute candle as the opening range and requires a 5-minute candle to first break the range and another 5-minute candle to close above the high of the breakout candle or any candle that previously tried to close above the breakout candle high. It also uses VWAP and 20EMA to confirm the entry.Release Notes
This is an ORB strategy that uses a 15-minute candle as the opening range and requires a 5-minute candle to first break the range and another 5-minute candle to close above the high of the breakout candle or any candle that previously tried to close above the breakout candle high. It also uses VWAP and 20EMA to confirm the entry.Release Notes
This is an ORB strategy that uses a 15-minute candle as the opening range and requires a 5-minute candle to first break the range and another 5-minute candle to close above the high of the breakout candle or any candle that previously tried to close above the breakout candle high. It also uses VWAP and 20EMA to confirm the entry.Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.