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ORB v2

50
ake your intraday trading to the next level with ORB v2, a powerful, customizable Opening Range Breakout (ORB) strategy designed for futures, indices, and high-volatility markets.

๐Ÿ’ก Features & Logic:

๐Ÿ“ˆ Opening Range Detection: Automatically plots the high/low range from a configurable start time (default 9:30โ€“9:45 EST)

๐ŸŽฏ Precision Breakout Entries: Executes long or short trades on clean breakouts of the ORB high or low

๐Ÿง  Smart Filters:

๐Ÿ” VWAP Filter โ€“ Confirms entries above/below VWAP

๐Ÿ•ฏ๏ธ Candle Body Filter โ€“ Ensures strong breakout momentum with customizable minimum body %

๐Ÿ›‘ Dynamic Stop Loss Options:

Fixed to ORB range

25-point stop

๐Ÿ” ATR-based trailing stop for volatility-adjusted exits

๐Ÿ’ฐ Risk-Based Position Sizing: Calculates trade size based on account size and % risk per trade

๐Ÿ” Visual Risk Boxes: Auto-draws risk-reward zones for clear trade planning

โฐ Time Window Control: Trades only within your preferred hours (default 9:45 AMโ€“4 PM EST)

๐Ÿ”„ Auto-reset for New Trading Days

Penafian

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