OPEN-SOURCE SCRIPT
已更新 ORB UK Time Volume Confirm
This indicator builds a UK-time Opening Range (ORB) and generates breakout signals only when price closes outside the range with volume confirmation.
🔹 Core Logic
Opening Range defined by custom UK start time and duration
Breakout must be a candle close (no wick triggers)
Optional: only first breakout per day
Volume filter: breakout candle volume must exceed previous candle(s)
Signals dynamically plotted:
Green candle → signal below
Red candle → signal above
🔹 Why This Version?
Traditional ORB tools often trigger on wicks and ignore participation.
This version is designed to reduce false breaks by requiring:
Structural confirmation (close outside range)
Participation confirmation (relative volume expansion)
The goal is to filter out weak liquidity grabs and focus on genuine momentum expansion from the opening range.
🔹 Features
UK timezone
Adjustable ORB duration
Optional midline + shaded range
Bull/Bear 50%, 100%, targets
Optional volume confirmation strength (lookback setting)
Clean visual breakout markers (no labels cluttering the chart)
🔹 Best Used On
Works particularly well on 5-minute charts for index products during active sessions. I also use the 200ema if price is below i'm looking for the break below and vice versa for buys. I find this gives a better win ratio and greater chance to hit TP2 my SL is nearly always set at the mid point of the ORB. Also having the triangle on the candle keeps my chart clean and I do not have to have volume on there.
🔹 Core Logic
Opening Range defined by custom UK start time and duration
Breakout must be a candle close (no wick triggers)
Optional: only first breakout per day
Volume filter: breakout candle volume must exceed previous candle(s)
Signals dynamically plotted:
Green candle → signal below
Red candle → signal above
🔹 Why This Version?
Traditional ORB tools often trigger on wicks and ignore participation.
This version is designed to reduce false breaks by requiring:
Structural confirmation (close outside range)
Participation confirmation (relative volume expansion)
The goal is to filter out weak liquidity grabs and focus on genuine momentum expansion from the opening range.
🔹 Features
UK timezone
Adjustable ORB duration
Optional midline + shaded range
Bull/Bear 50%, 100%, targets
Optional volume confirmation strength (lookback setting)
Clean visual breakout markers (no labels cluttering the chart)
🔹 Best Used On
Works particularly well on 5-minute charts for index products during active sessions. I also use the 200ema if price is below i'm looking for the break below and vice versa for buys. I find this gives a better win ratio and greater chance to hit TP2 my SL is nearly always set at the mid point of the ORB. Also having the triangle on the candle keeps my chart clean and I do not have to have volume on there.
發行說明
UpdateImproved signal marker logic. Breakout markers now match candle direction (green candle → green up triangle, red candle → red down triangle) regardless of whether the signal appears above or below the ORB. This improves visual clarity without changing the indicator’s breakout logic.
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。