ORB PRO + FILTERS (elwinpoedeklapopsnoede)
Short and simple:
👉 This Pine script trades an Opening Range Breakout with filters.
What it does:
Determines the range between 07:00–08:00 (highest and lowest price)
Waits until the US session (14:00–23:00 NL time) begins
Goes long if price breaks above the range
Goes short if price breaks below the range
Only trades in the direction of the trend (EMA 50)
Risk management:
Stop loss = opposite side of the range
Take profit = 1:1 risk/reward (close 50%)
It lets the rest run with a trailing stop (ATR + range based)
👉 Briefly summarized:
You only trade strong breakouts of the morning range, with a trend filter and smart risk management.
👉 This Pine script trades an Opening Range Breakout with filters.
What it does:
Determines the range between 07:00–08:00 (highest and lowest price)
Waits until the US session (14:00–23:00 NL time) begins
Goes long if price breaks above the range
Goes short if price breaks below the range
Only trades in the direction of the trend (EMA 50)
Risk management:
Stop loss = opposite side of the range
Take profit = 1:1 risk/reward (close 50%)
It lets the rest run with a trailing stop (ATR + range based)
👉 Briefly summarized:
You only trade strong breakouts of the morning range, with a trend filter and smart risk management.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.