Openingrangebreakout — Indicators and Signals — TradingView — India (2024)

Strategy Summary:This tool can be used to help identify breakouts from a range during a time-zone of your choosing. It plots a pre-market range, an opening range, it also includes moving average levels that can be used as confluence, as well as plotting previous day SESSION highs and lows.There are several options on how you wish to close out the trades, all...

█ Overview The Timely Opening Range Breakout (TORB) indicator builds upon the classic Open Range Breakout (ORB) concept. The ORB strategy is a popular trading setup used to identify trades around the opening range of an asset. It's based on the idea that the first few minutes (15-60 minutes) of trading often set the tone for the rest of the day, with breakouts...

💎 GENERAL OVERVIEW Introducing our new ORB Algo indicator! ORB stands for "Opening Range Breakout" which is a common trading strategy. The indicator can analyze the market trend in the current session and give "Buy / Sell", "Take Profit" and "Stop Loss" signals. For more information about the analyzing process of the indicator, you can read "How Does It Work ?"...

Introduction: Opening Range & Prior Day High/Low indicator is an easy to use day traders tool. This indicator automatically plots the previous days high and low, as well as drawing a box from the opening range that the user specifies in the settings. These two together can help provide an indication of market sentiment and price trends for the day. They are...

Intraday Trading Strategy: Long-Only Opening Range Breakout (ORB) with Pivot Points Background: Opening Range Breakout (ORB) is a popular long-only trading strategy that capitalizes on the early morning volatility in financial markets. It's based on the idea that the initial price movements during the first few minutes or hours of the trading day can set...

Opening Range with Infinite Price Targets is an ORB indicator that automatically generates price targets into infinity based on a user-defined % of range.This indicator includes many nice-to-have features missing from other indicators. Such as: Price Target Labels with Price tooltip, want to know exactly what price pt3 is at? Hover over it and see. Custom...

This brings together a number of variables to produce trend predictions that could be utilized as decision-making tools.Uses the aforementioned price and volume derivatives- A moving average and three weighted moving averages (WMA1, WMA2, WMA3)- Super Trend Line (ST)- Opening Range Breakout on Five Minutes, Resistance Bands Pocket pivots, support, and price...

Just publishing a version of the script amitgandhinz already created, which is amazing. Added fib levels that amitgandhinz already started but commented out Added mid point that is often found effective as a starting point, SL, etc

Green vertical lines are showing pre market open and then the opening range as the first hour of market NYSE market open Pre market high and low are blue lines | intraday opening range high low are in white Trades are taken in the current direction above | below range breaks with the direction of price action using the moving averages Price breaking through...

The ORB with Price Targets Script will display the Opening Range (15 minutes of the open session by default) High and Low. It will then render upper and 2 lower Price Target Levels based on 50% and 100% profit targets of the Opening Range.The opening range is customizable in the settings, where you can choose from 5 minute, 15 minute, or 30 minute Opening...

This is an intraday indicator which plots high and low of timeframe's first bar.Top line - High of the first session barBottom line - low of the first session barRequires session timing and total trading hours to plot the lines appropriately. We can use the indicator to trade intraday opening range breakouts.Thanks!

This is indicator is all about opening range breakout on 45 mins charts.|||||which can be useful to day trader as a breakout strategy following the trend. Useful in 45 mins charts. Also, you may change the time frame from settings according to your likes. Give thumbs up if you like it.

Pretty much the exact same indicator as my other Session Pivots, however this one also shows the weekends and the session times are set to Bitmex exchange (note: I'm in a GMT+7 timezone myself).

Here is my opening range, key numbers indicator. It takes the Opening Range (5 minutes by default) and then plots the opening range and up to 7 extensions of that range above and below.It's amazing how the OR is stamped up on the rest of the day's price movements.2 strategies (at least) are to play the OR range breakout and to fade when price hits an extreme...

#Let the index/stock trade for the first fifteen minutes and then use the high and low of this "fifteen minute range" as support and resistance levels. #A buy signal is given when price exceeds the high of the 15 minute range after an up gap.#A sell signal is given when price moves below the low of the 15 minute range after a down gap. #It's a simple technique...