OPEN-SOURCE SCRIPT

ORB - Futures and Stocks (Breakouts + Alerts + ORB Selector)

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This indicator shows the Opening Range Breakout (ORB) based on the time range you choose.

Important:
It only works for intraday trading on time frames less than 1 day (like 1-minute, 5-minute, or hourly charts).
You can use it with any stock or futures, such as US500, NAS100, or GER40.

Inputs:
  • ORB Range - Your preference.
  • Session Start
  • Time Zone Offset



Examples:
for EU Frankfurt, DAX (GER40):
  • Set your ORB range
  • Session Start 0900
  • Time Zone Offset +1


For US Stock Market and US500, NAS100:
  • Set your ORB range
  • Session Start 0930
  • Time Zone Offset -5



Created using ChatGPT

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