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ORB Potential

When indicator line shows rising trend, it means market has been good candidate for Intra-day ORB trading strategy. Indicator measures market's tendency of uni-directional moves during intra-day. Markets with rising indicator line can be used for Intra-day ORB trading in anticipation of continuing its past tendency to show intra-day unidirectional moves.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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