ORB Indicator by pugazhravi

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This Open Range Breakout (ORB) Indicator displays High, Low & Average for the selected time frame.

Features:

Shows High, Low and Average for selected time frame
Shows Buy & Sell signal based on crossover. Check Settings for more options

Release Notes: Added option to view Historical ORB

Release Notes: Plot ORB only if session started.

Release Notes: Fixed Buy & Sell signal related bug

Release Notes: Added dotted lines to easily identify previous day's high & low

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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Comments

Hi ravi, Is this work only on trading day?

rnalla

@rnalla, Got it. working. Really nice.

rnalla

@rnalla, Yes. This indicator basically shows the high, low & average of the selected timeframe for any Trading day.

To see the historical data click on "Show historical ORB" in Settings

Hi @pugazhravi, just found this. I'll be looking into it tomorrow! Thank you! Does it have a way to trigger an alert when the BUY signal is triggered?

nicko89x

@nicko89x, @pugazhravi any way to trigger an alert ?

g1usns

@g1usns, @nicko89x - Thanks for your comment. Currently there is no alerts, I will add alerts shortly..

pugazhravi

@pugazhravi, Thank youuu

nicko89x

@nicko89x, @g1usns - Alerts are now available. Please check the release notes on how to setup alerts.

pugazhravi

@pugazhravi, Hi Ravi, can't see the alerts setup based on Buy and Sell signal in release notes. Can you tell, how to setup alerts?

Hi @pugazhravi your script is too good, but I have 2 requirements. if possible kindly advice me how to add those, first how to print the high and low price on candle , second how to print the overall percentage of the candle from wick to wick ,, it can be plus or minus but need to just print the percentage of that candle.( this will help to avoid if I want to skip the stocks which is traded for more than 1% or 2% so on ).

Kindly do the need if possible. Thanks in advance.