OPEN-SOURCE SCRIPT
NTrades [ORBDD Advanced] - Working
NTrades [ORBDD Advanced] – Opening Range Breakout System is a complete intraday Opening Range Breakout (ORB) trading indicator that automatically defines the New York opening range, identifies breakout or retest entries, and applies strict rule-based filters to improve trade quality. It includes optional volume confirmation, Fair Value Gap (FVG) confluence, EMA trend filtering, and a strict daily bias filter to align trades with higher-timeframe direction. The system features advanced risk management with customizable stop-loss placement, adjustable risk-to-reward ratios, maximum risk filtering, time-based trade restrictions, and automatic force exits. It also tracks performance in real time with a built-in dashboard displaying win rate, total R captured, drawdown, and win/loss statistics—making it a structured, data-driven ORB solution for disciplined intraday traders.
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.