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Opening Range Breakout
## Opening Range Breakout (ORB) — 8:30–8:45 CT
**What it does**
Marks the first 15-minute candle after the CME open (8:30–8:45 America/Chicago), locks that high and low as the opening range, then fires a single, no-repaint signal the moment price breaks the range for the first time. One trade idea per session — no spam, no flicker.
**How it works**
- Builds the range live from 8:30, locks it permanently at 8:45.
- **BUY** on the first break above the range high. **SELL** on the first break below the range low.
- If both sides break on the same bar, direction is resolved by where price closed relative to the range midpoint.
- Signal latches after firing — it will not repeat or repaint for the rest of the session.
**The one knob**
`Signal on wick break` — OFF (default) waits for a confirmed bar close before signaling (cleaner, fewer fakeouts). ON triggers the instant a wick pierces the range (faster, more noise).
**Built for**
NQ / MNQ index futures on the 8:30 CT open. Run it on a **1m–15m chart** — it warns you if the timeframe is too large for the range to build correctly.
**Alerts**
Two ready conditions: *OR Breakout — BUY* and *OR Breakout — SELL*, wired to the same latched logic as the on-chart labels.
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Want a shorter punchline version for a TradingView title card, or a longer one with the trading logic spelled out for your Discord?
**What it does**
Marks the first 15-minute candle after the CME open (8:30–8:45 America/Chicago), locks that high and low as the opening range, then fires a single, no-repaint signal the moment price breaks the range for the first time. One trade idea per session — no spam, no flicker.
**How it works**
- Builds the range live from 8:30, locks it permanently at 8:45.
- **BUY** on the first break above the range high. **SELL** on the first break below the range low.
- If both sides break on the same bar, direction is resolved by where price closed relative to the range midpoint.
- Signal latches after firing — it will not repeat or repaint for the rest of the session.
**The one knob**
`Signal on wick break` — OFF (default) waits for a confirmed bar close before signaling (cleaner, fewer fakeouts). ON triggers the instant a wick pierces the range (faster, more noise).
**Built for**
NQ / MNQ index futures on the 8:30 CT open. Run it on a **1m–15m chart** — it warns you if the timeframe is too large for the range to build correctly.
**Alerts**
Two ready conditions: *OR Breakout — BUY* and *OR Breakout — SELL*, wired to the same latched logic as the on-chart labels.
---
Want a shorter punchline version for a TradingView title card, or a longer one with the trading logic spelled out for your Discord?
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면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.