OPEN-SOURCE SCRIPT
Nifty 10-Candle ORB v4 (Alternating Trades)
The **Opening Range Breakout (ORB)** is a momentum-based trading strategy that focuses on the price action established during the initial minutes of the market session. Typically measured over the first 5, 15, or 30 minutes, this range defines a clear support and resistance zone where the "smart money" and institutional players often set the tone for the day. Traders watch for a high-volume candle to close above the range’s high or below its low, signaling a potential trend for the remainder of the session. Because the market is most volatile during the opening bell due to an influx of overnight orders and news reactions, the ORB strategy is highly favored for its ability to identify early directional bias, though it requires strict risk management to avoid being trapped by "fakeouts" or sudden mean-reversion moves.
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。