OPEN-SOURCE SCRIPT

jrhMultORBRevFade

130
Added Reverse/Fade Logic to the original.


2. One signal per direction per session — new toggle One Breakout Signal per Direction per Session (on by default). Once a direction fires once, it's locked out for the rest of that OR session even if price whipsaws back across the midline and re-breaks. Turn it off if you ever want the old repeated-signal behavior back.
3. Failed-ORB Reversal/Fade — new toggle Mark Failed-ORB Reversal / Fade at Opposite Level (on by default). After an RTF, the script watches the opposite OR boundary for the next touch:

Closes through it → REV (your checklist's 13A — fresh trade the other way)
Touches it but closes back inside → FADE (your checklist's 13B — range is holding)

Colors (revColor/fadeColor) and marker size are their own inputs, and it self-clears if a fresh breakout re-fires in the original direction before the reversal/fade plays out (so it doesn't linger and mislabel an unrelated later move).

Haftungsausschluss

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