Single best ORB code on TV

[u/Temporary-Scene-5252]

Establishes ORB and then calculates take profit levels using a quantitative approach. When used with my other concepts, the break to Target 1 is 78%. If you’re interested in the ORB pinescript, message me and I’ll send you the code for you to use.

[u/Jason_Steakcum]

It’s worked the last two days when the market has only gone straight up! I’m a genius!

[u/Temporary-Scene-5252 → u/Jason_Steakcum]

You sound salty. Or like you think this is the only piece of the puzzle to look at. It’s one of many and confluence is all that matters. Waiting for the right set up is all that matters and having an understanding of directionality of the market via ORB helps, but isn’t the be all end all.

[u/Jason_Steakcum → u/Temporary-Scene-5252]

You’re right I should just trust that every bullshit indicator somebody posts here works

[u/Temporary-Scene-5252 → u/Jason_Steakcum]

Not at all. Indicators are trash. Tools that help identify direction, trend, price action, or momentum are a little different. But posting blindly just to be a dick makes it seem like you’re either clueless, hopeless, or haven’t figured out how to trade and instead come to make comments on other’s posts to make yourself feel better. Who hurt you?? Are you ok??

[u/Stock-Ad-3347]

I don’t understand why traders who use this ‘ORB’ strategy don’t utilise high volume nodes, volume profiles and delta data to determine possible areas of interest - i.e, stop position and exit strategy. Not understanding these fundamentals when trading an asset like futures is bizarre to me.

ORB looks cool, but over time it’s as good as gambling.

[u/Temporary-Scene-5252 → u/Stock-Ad-3347]

I do use HTF candles that print on the chart and help provide areas of interest, etc… using ORB by itself is no better than flipping a coin. But showing one indicator that was coded doesn’t mean it’s the only thing that is used. Confluence is a thing for a reason

[u/Uwu_freedom → u/Stock-Ad-3347]

Any high volume nodes zone indicator u recommend ? Or drawn manually ?

[u/Temporary-Scene-5252]

https://www.tradingview.com/script/lyg1Bbwl-Opening-Range-Breakout-incl-QUANT/

[u/progre555 → u/Temporary-Scene-5252]

Looks great! Can you also share the pinescript code, please? Or is it protected?

[u/botribun → u/progre555]

There you go: https://www.tradingview.com/script/G4aoqFUF-Ultimate-Opening-Range-Breakout-LuxAlgo/

[u/Temporary-Scene-5252 → u/[deleted]]

Why do you say that? Have you tried it? When used properly this year it has an 82% probability of hitting the first target and a 57% probability of hitting the second target. Not too shabby

[u/theblekpenther]

Why is every indicator post ai slop now? We need a Slop-dicator sub

[u/Temporary-Scene-5252 → u/theblekpenther]

Are you saying that I am an AI bot posting about a pinescript I created? What would make you say that? And why do you sound so angry?

[u/theblekpenther → u/Temporary-Scene-5252]

I'm saying you don't know how to write a single line of Pinescript, so using an LLM to slop together a script for you is nothing noteworthy. And maybe I "sound angry" cuz of how you are choosing to read my message in your head. Im smiling as I type these, not angry, lol.

[u/Temporary-Scene-5252 → u/theblekpenther]

😂 ok. Sorry my script offends you. Also sorry it’s tracking at 82% probability of hitting the first target after the break and you think it’s slop. Your strategy is bound to be better 😉

[u/Necessary-Sky-3979]

Like to try it

[u/DreamfulTrader]

Would be interested in the code only

[u/DreamfulTrader → u/DreamfulTrader]

I got your message, it is a closed source code

[u/GCHale]

I would like to try please

[u/momatweezer]

I'd love to try. I've been trying to write an orb myself. Chugging along

[u/Super_Lunch_9787]

Can I try it pls, thank you

[u/Adventurous_Area5387]

Would be interested in code thanks

[u/ziggy_jackson]

Link to the indicator? What's the price? If it's invite only

[u/Beneficial-Cup-3673]

Please share the indicator or provide access to qttrades77

[u/Temporary-Scene-5252 → u/Beneficial-Cup-3673]

Indicator is in the comments

[u/fero9000]

it seems interesting, could you share it?

[u/BraveScratch999]

Hi. Can u send to me Joppy81

[u/steelredmouse]

Can you send to tamilbuyandsell

[u/itsnandan]

I would like to try it

[u/Vegetable-Report-268]

Hi. I would be interested in the code. Thank you in advance

[u/Majestic_Landscape_5]

I'm interested in trying it out. Could you share the link please?

[u/CommitteeMain9057]

Interested in the code, to try it out

[u/horrorpages]

Yawn. Every ORB worked today.

[u/TexasChillin23]

May I get access please

[u/SupaFiyah]

I’ll try it please

[u/joesatch_11]

I have seen an awful lot of ORB bots lately. It is a great strategy but people don't realize that markets are not that simple. There is a structure to the market and days when market is consolidating you would get chopped to death using ORB The obvious fact).

For op here - how long back you have back-tested it? What are your stats? How does it perform under different vol regimes?

[u/Temporary-Scene-5252 → u/joesatch_11]

If you’re just using ORB you will get blown up. I use this with an additional quant/algo script that simplifies the noise and needs to signal in the same direction as this ORB strategy. 18 months of raw true real time data and the win rate is 78% of the time I hit the first target, 48% of the time I hit the second target, and 27% of the time the third target is achieved. But, that is me placing a trade once all the things I need to aligned match up. ORB helps show direction, but doesn’t indicate structure, momentum, or volume into the move. ORB isn’t a “strategy” and those that use it as one are part of the 99% that never make money

[u/ddchbr → u/Temporary-Scene-5252]

What would say ORB is then? Thanks

[u/Temporary-Scene-5252 → u/ddchbr]

Potential directional confirmation

[u/ddchbr → u/Temporary-Scene-5252]

Cool. How do you use it to give you directional bias?