OPEN-SOURCE SCRIPT
Aktualisiert Teej 15 MIN ORB
Here's an updated description covering everything the indicator does now:
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**15min ORB + Ripster EMA Clouds — Confluence Signals with Profit Targets**
This indicator combines the 15-minute Opening Range Breakout with Ripster's EMA Clouds into a complete intraday breakout system: trend filter, entry signal, and profit target in a single overlay.
**Opening Range Breakout**
The high and low of the first 15 minutes of the regular session (9:30–9:45 AM ET by default) are captured and displayed as a transparent box that extends right for the remainder of the day. ORB High and ORB Low lines are drawn in blue with price labels that ride the right edge of the chart, plus an optional midpoint line. Session window and timezone are fully adjustable for other markets.
**Ripster EMA Clouds**
A faithful port of the open-source "Ripster EMA Clouds" by ripster47, converted from Pine v4 to v6. All original features are preserved: five configurable EMA/SMA cloud pairs (8/9, 5/12, 34/50, 72/89, 180/200), hl2 source, original colors and per-cloud transparencies, optional EMA lines, and leading offset.
**GO Entry Signals**
A "GO" label prints at the close of the confirmation candle only when breakout and trend align:
• Green GO — a 5-minute candle closes ABOVE the opening range while the clouds are bullish
• Red GO — a 5-minute candle closes BELOW the opening range while the clouds are bearish
Breakouts against the cloud trend produce no signal. The label is positioned at the entry price (the confirmation close). Signals are non-repainting — they only print once the 5-minute candle has completed — and the confirmation timeframe is adjustable.
**Profit Target Box**
When a GO signal fires, a blue transparent box projects from the entry to a target equal to 200% of the confirmation candle's range (equivalent to a 2:1 reward-to-risk with the stop on the far side of the confirmation candle). The box extends right through the day with the target price labeled. When price tags the target, a "PT HIT ✔" marker prints and the box border turns green. The target percentage is adjustable.
**Alerts included:** Confluence Long, Confluence Short, Profit Target Hit, and optional unfiltered ORB breakout alerts.
**Best used on** 1m–5m intraday charts during regular trading hours.
**Credits:** EMA Clouds section © ripster47, used under the Mozilla Public License 2.0. ORB, confluence, and profit target logic added on top.
*For educational purposes only. Not financial advice.*
---
**15min ORB + Ripster EMA Clouds — Confluence Signals with Profit Targets**
This indicator combines the 15-minute Opening Range Breakout with Ripster's EMA Clouds into a complete intraday breakout system: trend filter, entry signal, and profit target in a single overlay.
**Opening Range Breakout**
The high and low of the first 15 minutes of the regular session (9:30–9:45 AM ET by default) are captured and displayed as a transparent box that extends right for the remainder of the day. ORB High and ORB Low lines are drawn in blue with price labels that ride the right edge of the chart, plus an optional midpoint line. Session window and timezone are fully adjustable for other markets.
**Ripster EMA Clouds**
A faithful port of the open-source "Ripster EMA Clouds" by ripster47, converted from Pine v4 to v6. All original features are preserved: five configurable EMA/SMA cloud pairs (8/9, 5/12, 34/50, 72/89, 180/200), hl2 source, original colors and per-cloud transparencies, optional EMA lines, and leading offset.
**GO Entry Signals**
A "GO" label prints at the close of the confirmation candle only when breakout and trend align:
• Green GO — a 5-minute candle closes ABOVE the opening range while the clouds are bullish
• Red GO — a 5-minute candle closes BELOW the opening range while the clouds are bearish
Breakouts against the cloud trend produce no signal. The label is positioned at the entry price (the confirmation close). Signals are non-repainting — they only print once the 5-minute candle has completed — and the confirmation timeframe is adjustable.
**Profit Target Box**
When a GO signal fires, a blue transparent box projects from the entry to a target equal to 200% of the confirmation candle's range (equivalent to a 2:1 reward-to-risk with the stop on the far side of the confirmation candle). The box extends right through the day with the target price labeled. When price tags the target, a "PT HIT ✔" marker prints and the box border turns green. The target percentage is adjustable.
**Alerts included:** Confluence Long, Confluence Short, Profit Target Hit, and optional unfiltered ORB breakout alerts.
**Best used on** 1m–5m intraday charts during regular trading hours.
**Credits:** EMA Clouds section © ripster47, used under the Mozilla Public License 2.0. ORB, confluence, and profit target logic added on top.
*For educational purposes only. Not financial advice.*
Versionshinweise
Updated so that you can stay on the 5 min chart the entire time. It will create the ORB after the first three 5 min candles closes.Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.