OPEN-SOURCE SCRIPT
Salil1980 BankNifty 1m ORB Breakouts
This indicator is a comprehensive technical tool specifically designed for intraday trading on BankNifty. It combines Opening Range Breakout (ORB) mechanics with VWAP and RSI momentum filters to identify high-probability breakout and trend-continuation setups.
Key Features:
5-Minute ORB: Automatically detects and plots the high and low of the first 5 minutes of the trading session.
VWAP & RSI Momentum: Displays clear Buy and Sell signals based on 1-minute VWAP crossovers confirmed by RSI threshold filters.
Dynamic POC Lines: Real-time visual tracking of Daily, 4-hour, and Weekly Points of Control (POC) to help identify key support and resistance levels.
Trend Context: Uses background coloring to provide immediate visual confirmation of the 1-hour trend direction.
Visual Signals: Explicit labels for "BUY", "SELL", and "ORB" breakout events to make your chart actionable at a glance.
How to use:
Designed primarily for the 1-minute time frame.
Use the ORB levels as your primary breakout zones for the day.
Use the Buy/Sell labels as potential trade triggers when confirmed by the trend background.
Key Features:
5-Minute ORB: Automatically detects and plots the high and low of the first 5 minutes of the trading session.
VWAP & RSI Momentum: Displays clear Buy and Sell signals based on 1-minute VWAP crossovers confirmed by RSI threshold filters.
Dynamic POC Lines: Real-time visual tracking of Daily, 4-hour, and Weekly Points of Control (POC) to help identify key support and resistance levels.
Trend Context: Uses background coloring to provide immediate visual confirmation of the 1-hour trend direction.
Visual Signals: Explicit labels for "BUY", "SELL", and "ORB" breakout events to make your chart actionable at a glance.
How to use:
Designed primarily for the 1-minute time frame.
Use the ORB levels as your primary breakout zones for the day.
Use the Buy/Sell labels as potential trade triggers when confirmed by the trend background.
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。