OPEN-SOURCE SCRIPT
Updated ORB + Key Session Levels Strategy
This is an Opening Range Breakout (ORB) strategy with optional retest entries, plus a bunch of context levels (previous day high/low, Asian/London/NY session highs/lows, and Fair Value Gaps) drawn on the chart to help you see where price is relative to key liquidity/structure zones.
Release Notes
This is an Opening Range Breakout (ORB) strategy with optional retest entries, plus a bunch of context levels (previous day high/low, Asian/London/NY session highs/lows, and Fair Value Gaps) drawn on the chart to help you see where price is relative to key liquidity/structure zones.What it trades
Once per day (reset at a new day), it builds an Opening Range from a user-defined start time (default 9:30 ET) for a set duration (default 15 minutes). From that range it defines:
ORB High
ORB Low
ORB Midpoint (average of high and low)
After the opening range is finished (“ORB complete”), the script watches for price to break out of that range and takes trades based on your selected entry mode.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.