OPEN-SOURCE SCRIPT
RegalRides Pro Indicator
egalRides Pro Indicator identifies opening range breakout opportunities using the first two 15-minute candles of the session.
Logic:
First 15-minute candle defines the range
If second 15-minute candle closes above the first candle high = BUY
If second 15-minute candle closes below the first candle low = SELL
Features:
One signal per day
Stop Loss and Target levels
Risk:Reward based targets
Designed for intraday traders
Best suited for 15-minute charts
Logic:
First 15-minute candle defines the range
If second 15-minute candle closes above the first candle high = BUY
If second 15-minute candle closes below the first candle low = SELL
Features:
One signal per day
Stop Loss and Target levels
Risk:Reward based targets
Designed for intraday traders
Best suited for 15-minute charts
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.
Ramanjaneyulu.P
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.
Ramanjaneyulu.P
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.