Open Range Breakout with TSLThis ORB with TSL Indicator Session Time is Indian NSE and BSE Equity Market
This indicator Provide you 2 type Setup
Opening Range Plot Only for Observation
1st Range Breakout = Long
2nd Range Breakout = Short
How to work This Indicator?
When Market is Open This Indicator automatically Plot Opening Range High and Low,
if Market bullish & Candle Close above Opening Range high When This Indicator automatically Plot 1st Range High and Low if You Want to 1st Range High Plot Crossingup any Candle You can Also Add Alerts
if Market Bearish & Candle Close Below Opening Range Low When This Indicator automatically Plot 2nd Range High and Low if You Want to 2nd Range Low Plot CrossingDown any Candle You can Also Add Alerts
If you Have any Suggestion please mention here
Thank you so much
This Also Automatically start trailing SL on basis of ATR
Orb
ORB Current Timeframe + ATRThis is Indicator
1. Opening Range Breakout for Selected Time frame
2. You can fix your Risk Reward and also Risk Amount
3. It will calculate the Position size based on Open Range ATR and your Risk Amount
4. Display's the Daily ATR for Given Input
5. It Gives Opening ATR Percentage to take a trade or not
6. It Calculates the Target on Either Side Based on the Risk Reward
Automated with ORBHello Everyone this indicator based On ORB (opening range breakout) with Trading alerts function and providing Dynamic Syntax/message for automation/Algo Trading. we are added 6 Indian broker. Fyers, Aliceblue, Zerodha, Angel Broking, Upstox, and Samco if you are using nextlevelbot and you are Beginner when you can add one alert and its indicator Automatically manage ur signal with buy, sell, Take profit, and Stoploss. we are added intraday based Dynamic Syntax.
Indicator Feature
➤Long ,short, Take Profit and stoploss Dynamic alerts
➤ you can also add Your custom value in TP or SL with percentage or point
➤More feature comming soon please wait and feedback
➤Important: This Indicator we are using for Automation Trading if You Want This Indicator Access, Please Contact me PM on Tradingview
IPB_AOPM_BOThis is an intraday trading strategy.
Concept :
Underlying concept is that Amateurs open the market and Professionals close the market. Hence this system tries to capture the breakout in the afternoon session. After One PM Breakout (AOPM breakout). This essentially means that one has to go long once the high of the market till 1 pm is broken out and similarly go short once the low of the market till 1 pm is broken down.
Position sizing:
This strategy assumes taking 10 lots of Indian Market Index which approximately requires a margin of around INR 25,00,000. Hence capital is chosen as INR 25,00,000. Currency is assumed to be INR , however the system shows USD as currency as there is no INR option available. Commissions assumed to be at INR 50 per order as against the INR 20 per charged by retail brokers in India in real world market.
Disclaimer:
Past performance is not representative of future performance. Hence the author is not responsible for any trading loss arising out of implementing this strategy. Hence please implement at your own risk. Trading can result in loss of entire capital.
ORB Indicator with TP and SLHello Traders,
This is the popularly used Opening Range Break (ORB) indicator, where the Buy/Sell indications will be formed based on whether the Price breakout the high or low of the Specified Range.
Range Considered: First 15 mins (0915-0930) of the Indian Stock market
Use this in 15 mins timeframe, as the range considered is first 15 mins(0915-0930) of Indian market time.
Logic:
1) If the price crosses above the high of the specified range, then Buy
2) If the price crosses below the low of the specified range, then Sell
This strategy is based on the concept that, Opening price range determines the future price action. When the price crosses the range, it is likely to continue in that direction.
The following parameters can be modified as per user preference:
1) Range Time (Default: 0915-0930)
2) Target Profit % (Default: 0.13 %)
3) Stop Loss % (Default: 0.26 %)
Tested strategy with very good accuracy.
Can be automated completely without any manual intervention.
Kindly DM for getting access.
Happy Trading!
Custom BreakOut [NLB]Hello Everyone it's Open Rang Breakout (ORB) Basically its Design for Forex or Crypto Market.
How to work its indicator?
➤ Its Open Rang Breakout it's automatically plotted first Bar High and Low if High Breakout when Providing Long Or if Low Breakout when Providing Short.
Indicator Feature
➤ Long Signal with Alert
➤ Short Long Signal with Alert
➤ Take Profit with Alerts calculated by Long or Short Bar Open You can also choose Percentage or Point by default percent
➤ Trailing Stop Loss with Alerts
➤ You Can Also Select Custom Open Rang Bar
Important: This Indicator we are using for Automation Trading if You Want This Indicator Access, Please Contact me PM on Tradingview
Gowri_1.0 After going through various ORB stratergy, I wrote this pine script. This gives exact risk and quantity in the right side panel. so, risk management is always taken care of.
When to use: wait for the first five minutes after the market opens.
Which stocks: use with Market gainers after the first five minutes based on the signal.
Risk/reward: Say you have a capital of 50,000 and you want to risk 2% on one trade. So the risk comes out to be 1000. Means you can risk 1000 on one trade.
Let's say the stop loss on your setup comes out to be 5. Just divide the stop by the risk and that's the no. of shares you should trade. In this case 1000/5=200 shares.
Hunt for your targets:
Look for 1:1 or 1:2 target depending on the stop loss. If the stop is wide then go for just 1:1 or else go for 1:2
Tips for short plays:
This strategy works well on long trades rather than on the short side. As on the short side the action, most of the times, is very huge in the first 5 min bar which increases the risk on the trade. However you may apply ORB on the short side If the action is not very strong on the first bar and the stock actually develops a range for the first 30 minutes or so and then breaks it.
London Open Range Breakout by KviateqThis script is what I currently use to day trade forex on a 5-minute timeframe.
The script features Multi-timeframe EMA20 that uses timeframe multipliers and is smoother by the factor by which you're multiplying your current timeframe.
Default settings are set to display EMA20 on the current (M5) timeframe, as well as M15, H1, H4 and D1 timeframes.
The background color changes intensity based on how many conditions are met - are all EMAs in the right order, is the current close above/below all the EMAs.
Featured is also a range set to 1 hour since the London breakout (can be changed to M15, or however long you'd like - my current setting is 30 minute).
Also featured are levels that I find to be of most importance - such as Daily and Weekly Open, Previous Day's and Week's Highs.
The idea is to only take trades when all stars align - EMAs, break above/below the Opening Range and not to long/short into an important level.
ORB - Opening Range BreakoutThis script plots the high/low of any custom session and extends it until the daily close. It does not show on the timeframe higher than the length of custom opening session by default.
The time period of opening range & the max timeframe to display it on can be adjusted from the settings.
So for eg. if want to use 5m ORB to trade, then set "ORB total time" as 5min & "Session Time" as whatever is the opening 5mins time period of ticker that are trading.
[Alerts] Custom ORB with Target/StoplossThis Open Range Breakout (ORB) Indicator displays High, Low for the selected time frame.
Indicator Feature :-
Shows Long & Short signals based on the crossover.
You can use different alerts like Long, Short, Long-TP, Short-TP, Long-SL, Short-SL, Close
You can change Take profit points
Stop Loss will be low of breaking candle when Long signal is generated and high of breaking candle when Short signal is generated
Select Session time to get alerts only on that period
Select Square off and End Session to generate Close alert based on a specific time at the end of the day
In the future, I will Enhance and update this Indicator if needed
If you have any suggestion mention here
Thank you :-)
orb study Swing TG by lazytradersORB = Open Range breakout
Here ORB developed by lazytrades
This indicator develop for NSE & BSE
This indicator for Intraday Trading Once Par Bar Study Alerts
///////////////////////////// SELECTED TIME CANDLE START TRADE //////////////////////////
Here is the first option of start time is fix 9:15
second is the candle that time frame and candle close need to trade
For Exp I want to trade in 5 min. chart frame in SBIN and I want to trade 5 min second candle of the SBIN 5 min chart so my start trade will be like this 9:15 to 9:25
So, the second Candle of 5 min Chart high low will count
///////////////////////////////// REPAINT ////////////////////////////////////////////////
repaint is by default value is 1
it shows if buy start and again get buy than it will not buy again
if repaint value 2 then if buy and again signal of a buy then buy again
//////////////////////////////// TARGETS //////////////////////////////////////////////////
here we provide both side 3 no. of target
All Tg in Percentage.
If the signal is buying and need to put Tg than Buy TG% 1 is the first target as same for target 2 is Buy TG% 2 and for 3rd is Buy TG% 3 same as per selling signal TG 1, 2 and 3
if we want only one target then put other value 0
if you put target than you will see the target line in the chart.
//////////////////////////////////////////// int Exit Hr and Min ////////////////////////////
Int Exit Hr is the time in an hour that you want to exit in intraday
Int Exit Min is the time in a minute that you want to exit in intraday
for Example, want to exit at 3:10 pm
so here Int Exit Hr = 15 and Int Exit Min = 10
/////////////////////////////////////////////////// Benefits //////////////////////////////////////
Benefits of 3 target:: = If we trade in cash in Reliance and buy 300 shares and buy signal executed and now I want to sell 100 shares in 0.80% 100 shares in 1.4% and last 100 long for intraday than I will put all this condition for all day and tg3% is 0. so if the price comes Tg1 it will exit 100 Tg2 it will again 100 and final 100 will sell at the end of market hours or if sell signal comes than it will sell and sell another 300 shares for the short side. if I will put tg3 as 4.5% and the stock price goes than I get a good profit.
we all know every day no stock move 3 to 5 percentage but if we put partially profit target than we get good results of that
////////////////////////////////////////////// Some important Note //////////////////////////////
here you will find repaint of Targets
so, put alerts of the target will be once per bar every time
In future this problem we will try to solve it.
///////////////////////////////////////////////////////////////////////////////////////////////////////////////
High & Low Of Custom Session - OpeningRange Breakout (Expo)High & Low Of Custom Session - OpeningRange Breakout (Expo) prints the high and the low of a custom session.
I use the indicator to trade the re-test of opening range (high/low) as well as breakouts from the opening range. The same logic can be applied to the session you have chosen.
HOW TO USE
1. Use the indicator to trade the re-tests of the session range.
2. Use the indicator to trade breakouts of session range.
INDICATOR IN ACTION
1-min chart
I hope you find this indicator useful , and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!
I will continually work on this indicator, so please share your experience and feedback as it will enable me to make even better improvements. Thanks to everyone that has already contacted me regarding my scripts. Your feedback is valuable for future developments!
-----------------
Disclaimer
Copyright by Zeiierman.
The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My scripts/indicators/ideas are only for educational purposes!
Advance_Multi_Breakout_ORB [NLB]Hello Everyone,
it's Advance Multi Breakout ORB Indicator it's only for working Indian market
its Indicator provided 4 types of Signal
1st Range Breakout = Long
2nd Range Breakout = Short
3rd Range Breakout = Long
4th Range Breakout = Shor t
How to work This Indicator?
When Market is open its indicator automatically plot First Bar high and low (it's not Signal)
➤ 1st Range Breakout = when first bar high and low generated its waiting closing above high line if closing above when its automatically plot closing bar high and low now waiting for breakout, like when closing bar high crossing any bar its generate 1st Range Breakout and stop loss closing bar low and it's automatically calculated take profit by default 1 percent you can also change percent of input
➤ 2nd Range Breakout = when first bar high and low generated its waiting closing below low line if closing below when its automatically plot closing bar high and low now waiting for breakout, like when closing bar low crossing any bar its generate 2nd Range Breakout and stop loss closing bar high and it's automatically calculated take profit by default 1 percent you can also change percent of input.
➤ 3rd Range Breakout = if 1st Range Breakout is competed then market is reversal (bearish) its and 1st Range Breakout low line below closing any bar its automatically plot closing bar high and low now waiting for closing bar low below crossing any bar if crossing its provided 3rd Range Breakout signal closing bar high stop loss and it's automatically calculated take profit by default 1 percent you can also change percent of input
➤ 4th Range Breakout = if 2nd Range Breakout is competed then market is reversal (bullish) its and 2nd Range Breakout high line above closing any bar its automatically plot closing bar high and low now waiting for closing bar high above crossing any bar if crossing its provided 4th Range Breakout signal closing bar low stop loss and it's automatically calculated take profit by default 1 percent you can also change percent of input
Important: its Indicator we are using for Automation Trading if You Want its Indicator Access Please Contact me PM on Tradingview
Below Some image every range breakout
Gapup Or GapDown ORBHello everyone
Many of user Demand GapUp or GapDown with Opening Rang Breakout indicator
its indicator only for work Indian market because I added 9:15 Indian market opening time
How to work this Indicator?
There are two Conditions
➤ first One is GapUp and Breakout when signal You can also Add Alerts and you can Also Change GapUp Percentage Input
➤ Second One is GapDown and Breakout when signal You can also Add Alerts and you can Also Change GapDown Percentage Input
➤ You can also Take Profit from GapUp with Alerts
➤ You can also Take Profit from GapDown with Alerts
if you have any suggestion, please comment below I will add in future
Important: This Indicator we are using for Automation Trading if You Want This Indicator Access Please Contact me PM on Tradingview
ORB- Range break outThis script has below features
> Option to choose the bar number for considering break out
> Option to choose the targets based on the candle size
> Option to choose the budget and based on that it will show the quantity to trade
> SL is the candle range
> Can use it in any time frame
Breakout Shasthra with buffer and target option by RPThe RP Breakout Shasthra indicator is designed to show custom breakout levels.
There are many ORB (Opening range breakout) indicators which either take 9:15 as the default start time and the resolution is also fixed.
There are many successful breakouts like 10:15 - 30mins breakout, 12:30 - 1 hour breakouts etc.
So this indicator is designed to deliver you custom options to set the beakout time and duration.
Also there is an option to plot previous breakout lines to backtest.
The options window is simple.
In the INPUT Tab
Breakout start time - This is set to default sessions. Here you only need to select the start time.
Breakout Timeframe - The duration to consider can be set here.
Enter Buffer - Set the point above which to take entry. Use Keyboard to enter decimals
Enter Target - Set the point for target to take exit. Use Keyboard to enter decimals
Example:- If you wanted 11:30 - 15 mins breakout. Change Breakout start time from 9:15 to 11:30
Change Breakout Timeframe from 60 to 15
And hit OK.
In the Styles Tab
You can customize the color
Custom Candle BreakOut ORB with Alerts [MV]This is Indicator base on Custom Bar Breakout
Indicator Feature
You can also add alerts Long, Short, Long-side-exit, Short-side-exit
you can Change Take profit Percentage
In future, I will Enhance and update this Indicator
if you have any suggestion Mention There
Thank you :-)
ORB with Multi Breakout V.2 [MV]This ORB with Multi Breakout Indicator Session Time is Indian NSE and BSE Equity Market
This indicator Provide you 4 type Setup
Opening Range Plot Only for Observation
1st Range Breakout = Long
2nd Range Breakout = Short
3rd Range Breakout = Short
4th Range Breakout = Long
How to work This Indicator?
When Market is Open This Indicator automatically Plot Opening Range High and Low,
if Market bullish & Candle Close above Opening Range high When This Indicator automatically Plot 1st Range High and Low if You Want to 1st Range High Plot Crossingup any Candle You can Also Add Alerts
Note: When 1st Range High and Low Plot Automatically Plot 1st Range Takeprofit Buffer by Default 1 Percentage You can also Change and Add Alert.
if Bullish market Reverse Down Side and Breakout 1st Range Low Below Closing When automatically Plot 3rd Range High and low, You Can Also Add Alerts When 3rd Range Low Plot CrossingDown any Candle
Note: When 3rd Range High and Low Plot Automatically Plot 3rd Range Takeprofit Buffer by Default 1 Percentage You can also Change & Add Alert.
When Market is Open This Indicator automatically Plot Opening Range High and Low,
if Market Bearish & Candle Close Below Opening Range Low When This Indicator automatically Plot 2nd Range High and Low if You Want to 2nd Range Low Plot CrossingDown any Candle You can Also Add Alerts
Note: When 2nd Range High and Low Plot Automatically Plot 2nd Range Takeprofit Buffer by Default 1 Percentage You can also Change & Add Alert.
if Bearish market Reverse Up Side and Breakout 3rd Range High Above Closing When automatically Plot 4th Range High and low, You Can Also Add Alerts When 4th Range High Plot CrossingUp any Candle.
Note: When 4th Range High and Low Plot Automatically Plot 4th Range Takeprofit Buffer by Default 1 Percentage You can also Change & Add Alert.
If you Have any Suggestion please mention here
Thank you so much
Below some image with Other Range
ORB with Multi Tracking [MV]This Indicator Session time is Indian NSE Equity Market
This is plot By Default Opening Range First Candle High and Low
What is the First Range?
First Range after plot when Opening Range High Above Open candle
What is the Second Range?
Second Range after plot when Opening Range Low Below Open candle
1: purple line are first Candle High and low
2: first range are green line high and Low after
opening range above open candle
3: second range are red line high and Low after
opening range below open candle
4: yellow line are high and low Buffer by
default 1percent
if you have any suggestion mention there
Thank you
Opening High/Low Range Breakout OverlayThis Script Marks High and Low of Session's first candle based on your current Time Frame selected.
ORB-5Min with Pre Market DataORB 5 Min With Pre Market Data
Opening Range 5 Minute Chart
- set chart to 5m
- enable pre market data (if using with tradingview, if not use my other script)
- add your other indicators you like
ORB 15 Min By EquityDurai#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 that works like a charm in many cases.
>If you use this technique, though, a few caveats are in order to avoid whipsaws and other market traps.
>The most common whipsaw is a trading range that lasts longer than 15 minutes.
>If an obvious range builds in 20, 25 or even 30 minutes , use those to define your support and resistance levels.
>Also consider the higher noise level in the morning.
>A breakout that extends only a tick or two can be easily reversed and trap you in a sudden loss.
>So let others take the bait at these levels, while you find pullbacks and narrow range bars for trade execution.