THE INDICATOR · HOW ORB WORKS
Opening Range
Breakout, mechanised.
ORB is a published, protected Pine Script indicator that watches the MNQ chart for a single,
specific pattern: a clean breakout of the opening range high or low, confirmed by structure.
When it fires, it alerts you. When it doesn’t, it stays silent. No chasing. No over-trading. ~8 setups a month.
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Mark the opening range
The indicator captures the high and low of the first 15 minutes after the New York open.
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Wait for the breakout
It watches for a confirmed close beyond the range — long above the high, short below the low.
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Entry — on confirmation
On the breakout, it alerts the entry with stop loss anchored to the opposite side of the range, and a 2:1 R:R target.
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One trade a day — max
Discipline is encoded in the rules. If the breakout didn’t form cleanly, there’s no alert.