Futuraman

GS_Opening-Range-V1

ORB Opening Range Breakout 5 and 3O Minute Indicator

Kudos to Chris Moody for the inspiration to create my first indicator.

The 5 and 30 run together at times but the scalp would be when the equity breaks the 5 go long or short for the scalp and when it breaks the 30 go for the swing trade.
Open-source Skript

Ganz im Sinne von TradingView hat der Autor dieses Skripts es als Open-Source veröffentlicht, damit Trader es verstehen und überprüfen können. Ein Hoch auf den Autor! Sie können es kostenlos verwenden, aber die Wiederverwendung dieses Codes in einer Publikation unterliegt den Hausregeln. Sie können das Skript den Favoriten hinzufügen, um es auf dem Chart zu verwenden.

Möchten Sie dieses Skript auf einem Chart verwenden?
study(title="GS_Opening-Range-V1", shorttitle="GS_OpenRnge-V1", overlay=true)

up30on = input(false, title="30 Minute Opening Range High")
down30on = input(false, title="30 Minute Opening Range Low")
up5on = input(true, title="5 Minute Opening Range High")
down5on = input(true, title="5 Minute Opening Range Low")
is_newbar(res) => change(time(res)) != 0 
adopt(r, s) => security(tickerid, r, s) 

high_range = valuewhen(is_newbar('D'),high,0)
low_range = valuewhen(is_newbar('D'),low,0)

high_rangeL = valuewhen(is_newbar('D'),high,0) 
low_rangeL = valuewhen(is_newbar('D'),low,0) 

up = plot(up5on ? adopt('5', high_range):na, color = lime, style=circles, linewidth=4)
down = plot(down5on ? adopt('5', low_range): na, color = #DC143C, style=circles, linewidth=4) 

trans30 = up30on ?  75 : 100
fill(up, down, color = white, transp=trans30)

up30 = plot(up30on ? adopt('30', high_rangeL): na, color = #7FFF00, style=circles, linewidth=2) 
down30 = plot(down30on ? adopt('30', low_rangeL): na, color = red, style=circles, linewidth=2) 

Kommentare

how to trade
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how to trade
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good work friend . thanks..
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good work buddy.
I was also learning from CM work but I got stuck in one problem. I was creating a pinescript in which candle of 11 am to 11.30 am will be used as a breakout candle but I don't know how to write these codes. please guide me or provide some reference points thanks.
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Awesome script. Thank you!
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hi Could you please write an alertcode for this ?
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