PROTECTED SOURCE SCRIPT
ORB w/ FVG Retest and Engulfing v001
Opening Range Breakout with FVG Retest and Engulfing Indicator v001
Visual indicator implementing the "First Candle Rule" - shows entry signals for opening range breakouts with Fair Value Gap confirmation.
HOW IT WORKS:
1. Identifies first 5-minute candle at exchange open and marks high/low as key levels
2. Displays opening range lines (green high, red low)
3. Shows Fair Value Gap boxes when price breaks through levels
4. Displays entry labels when FVG retest and engulfing confirmation occur
FEATURES:
✓ Exchange-specific opening times (NYSE, NASDAQ, AMEX, TSX, LSE, ASX, Custom)
✓ Automatic opening range calculation
✓ FVG detection with visual boxes
✓ Entry signal labels at confirmation points
✓ Customizable FVG display options
✓ Toggle entry label visibility
Best used on 1-minute chart. Green FVG boxes = long opportunities, Red FVG boxes = short opportunities. Wait for entry labels to appear before considering trades.
Visual indicator implementing the "First Candle Rule" - shows entry signals for opening range breakouts with Fair Value Gap confirmation.
HOW IT WORKS:
1. Identifies first 5-minute candle at exchange open and marks high/low as key levels
2. Displays opening range lines (green high, red low)
3. Shows Fair Value Gap boxes when price breaks through levels
4. Displays entry labels when FVG retest and engulfing confirmation occur
FEATURES:
✓ Exchange-specific opening times (NYSE, NASDAQ, AMEX, TSX, LSE, ASX, Custom)
✓ Automatic opening range calculation
✓ FVG detection with visual boxes
✓ Entry signal labels at confirmation points
✓ Customizable FVG display options
✓ Toggle entry label visibility
Best used on 1-minute chart. Green FVG boxes = long opportunities, Red FVG boxes = short opportunities. Wait for entry labels to appear before considering trades.
Script protégé
Ce script est publié en source fermée. Cependant, vous pouvez l'utiliser librement et sans aucune restriction – pour en savoir plus, cliquez ici.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script protégé
Ce script est publié en source fermée. Cependant, vous pouvez l'utiliser librement et sans aucune restriction – pour en savoir plus, cliquez ici.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.