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ORB Pro | Session Breakout Scalper

A precision-filtered Opening Range Breakout strategy built for intraday scalping — with multi-layer confirmation designed to cut false breakouts and size risk intelligently.

This strategy trades breakouts of a configurable opening range, but only when volume, volatility, VWAP trend, and price confirmation all line up — reducing whipsaw entries.

Features
Flexible Opening Range

Fully configurable range length, session start/end times, and timezone
Works across regular trading hours and overnight/futures sessions that cross midnight

Multi-Layer Entry Filters (each toggleable independently)

Range-size filter — only trades when the OR is a healthy size relative to ATR (avoids both dead-quiet and blown-out ranges)
Volume confirmation — requires breakout volume to exceed a multiple of average volume
VWAP directional filter — longs only above session VWAP, shorts only below
False-breakout confirmation — requires price to hold beyond the range for N bars before entering

Built-In Risk Management

Choice of stop-loss method: range-based or ATR-based
Configurable risk-reward target with partial profit-taking at a separate R-multiple
Optional breakeven stop after partial exit
Daily trade cap to prevent overtrading
Automatic flatten at session end — no overnight scalp exposure

Smart Position Sizing

Risk-based sizing (% of equity per trade, scaled to stop distance) or flat % of equity
Hard position-size cap to prevent excessive leverage on tight stops

Clean, Toggleable Visuals

Gradient-shaded opening range box (color intensity reflects range size vs. ATR)
Session VWAP line
OR high/low levels plotted for the remainder of the session
Session separators and failed-breakout markers
One-time OR size label (as an ATR multiple) for quick read on range quality

Realistic Cost Modelling

Commission and slippage assumptions built into the backtest engine, so results reflect real-world friction rather than frictionless fills

Notes

Intraday timeframes only. This strategy requires multiple bars within the opening range window to function (e.g. 1–15 min charts). Loading it on Daily+ charts will throw an explicit error rather than silently doing nothing.
Commission/slippage defaults are generic starting points (0.05% commission, 2 ticks slippage) — tune these to match your actual broker/instrument before trusting backtest P&L numbers.
All filters can be disabled individually if you want to isolate and test the raw breakout logic, or strip it down to a simpler ORB system.

Açık kaynak kodlu komut dosyası

Gerçek TradingView ruhuyla, bu komut dosyasının mimarı, yatırımcıların işlevselliğini inceleyip doğrulayabilmesi için onu açık kaynaklı hale getirdi. Yazarı tebrik ederiz! Ücretsiz olarak kullanabilseniz de, kodu yeniden yayınlamanın Topluluk Kurallarımıza tabi olduğunu unutmayın.

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Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.

Açık kaynak kodlu komut dosyası

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