OPEN-SOURCE SCRIPT
The Price Model
Opening Range Breakout
Focuses on taking advantage of the New York Opening High volatility
Main goal is to catch simple and straight forward trades with Strict rules
Recommend Targeting 1:1 first, and then setting stop to breakeven after 1:1 is hit
Can use 5 Min ORB 1:1 as a second TP after entering on the prior 1min ORB.
Focuses on taking advantage of the New York Opening High volatility
Main goal is to catch simple and straight forward trades with Strict rules
Recommend Targeting 1:1 first, and then setting stop to breakeven after 1:1 is hit
Can use 5 Min ORB 1:1 as a second TP after entering on the prior 1min ORB.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.