OPEN-SOURCE SCRIPT

ORB Detector Dynamic

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ORB Detector Dynamic

OVERVIEW
ORB Detector Dynamic is an Opening Range Breakout (ORB) visualization tool for Asia, London, and New York sessions.
It builds and locks the opening-range high and low for a selected session window, keeps session labels on history, and marks breakouts only after the range is locked — not while the range is still forming.
Built by the Xcelerate Trade team.

CONCEPT
An Opening Range Breakout uses the high and low of a defined window after a session open (for example the first 5, 15, or 30 minutes).
Once that window closes, the range is treated as locked. Breaks of the locked high or low can then be used as timing context together with broader session and structure tools.

HOW IT WORKS
1) Choose one session: Asia, London, or New York
2) Set the ORB window times in Inputs (Eastern Time — America/New_York; editable)
3) During the window, the script updates ORB High and ORB Low
4) When the window closes, the range locks and the label stops showing “forming”
5) Breakout conditions are evaluated only after lock, until the next ORB window starts
6) One breakout flag per direction per session (no repeated spam)

Default ORB windows (EST / America/New_York):
• Asia — 19:00–19:15
• London — 03:00–03:15
• New York — 09:30–09:45

Change start and end times in Inputs to match your ORB length (5 / 15 / 30 minutes). If you change ORB Timeframe, also adjust the session end time.

FEATURES
• ORB High / ORB Low levels (Style colors editable; defaults blue)
• Session labels on history (example: “NY ORB 15m”, “Asia ORB 15m”)
• “forming” label text while the window is still open
• Breakout flash (background highlight on first break — on by default)
• Optional breakout arrows in Style (off by default)
• Alerts:
– ORB Session Start
– ORB Range Locked
– ORB High Breakout (after range)
– ORB Low Breakdown (after range)

HOW TO USE
1) Add the indicator and select the session you trade
2) Confirm ORB Timeframe and session start/end match your playbook
3) Wait until the label no longer says “forming” (range locked)
4) Use a clean break of ORB High as long bias context, or ORB Low as short bias context
5) Prefer confluence with session boxes and higher-timeframe structure before acting
6) Recommended chart timeframe: same as the ORB window or lower (example: 1m–15m for a 15m ORB)

Works well together with:
• Xcelerate - Best Sessions - New York, London & Asia
• Fluid Liquidity Zones - CHoCH + Mitigation + HTF | Xcelerate Trade

SKIP / AVOID
• Trading breaks while the ORB window is still forming
• Chop or news spikes that pierce both sides of the range
• Entries with no session context and no higher-timeframe bias

LIMITATIONS
• This script is a visualization and alert tool. It does not place trades and does not guarantee results.
• Session times use America/New_York so DST is handled by TradingView’s timezone engine; verify times for your market and broker.
• On very low timeframes, noise and gaps can produce false or early breaks relative to your rules.
• Always confirm with your own risk management and market context.


Pernyataan Penyangkalan

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