Advance_Multi_Breakout_ORB [NLB]

12. Juli 2020

Hello Everyone,
it's Advance Multi Breakout ORB Indicator it's only for working Indian market

its Indicator provided 4 types of Signal
1st Range Breakout = Long
2nd Range Breakout = Short
3rd Range Breakout = Long
4th Range Breakout = Short

How to work This Indicator?
When Market is open its indicator automatically plot First Bar high and low (it's not Signal)

➤ 1st Range Breakout = when first bar high and low generated its waiting closing above high line if closing above when its automatically plot closing bar high and low now waiting for breakout, like when closing bar high crossing any bar its generate 1st Range Breakout and stop loss closing bar low and it's automatically calculated take profit by default 1 percent you can also change percent of input

➤ 2nd Range Breakout = when first bar high and low generated its waiting closing below low line if closing below when its automatically plot closing bar high and low now waiting for breakout, like when closing bar low crossing any bar its generate 2nd Range Breakout and stop loss closing bar high and it's automatically calculated take profit by default 1 percent you can also change percent of input.

➤ 3rd Range Breakout = if 1st Range Breakout is competed then market is reversal (bearish) its and 1st Range Breakout low line below closing any bar its automatically plot closing bar high and low now waiting for closing bar low below crossing any bar if crossing its provided 3rd Range Breakout signal closing bar high stop loss and it's automatically calculated take profit by default 1 percent you can also change percent of input

➤ 4th Range Breakout = if 2nd Range Breakout is competed then market is reversal (bullish) its and 2nd Range Breakout high line above closing any bar its automatically plot closing bar high and low now waiting for closing bar high above crossing any bar if crossing its provided 4th Range Breakout signal closing bar low stop loss and it's automatically calculated take profit by default 1 percent you can also change percent of input

Important: its Indicator we are using for Automation Trading if You Want its Indicator Access Please Contact me PM on Tradingview

Below Some image every range breakout

9. Aug. 2020

Versionshinweise

Alerts Updated ALL_LONG_SIDE_RAGE or ALL_SHORT_SIDE_RAGE

18. März 2022

Versionshinweise

full indicator updated