TMT Crazy Horse Bands

Crazy Horse ORB Strategy – Dynamic Trade Zones with Visual Edge

This indicator is built for traders who want to consistently identify high-probability trade setups using a combination of range breakouts, volatility zones, and momentum tracking. It’s primarily designed for intraday futures and CFD trading, with a focus on assets like the Nasdaq (MNQ/NQ), but works across various instruments and timeframes.

What it does:
The script identifies the 15-minute Opening Range (ORB) and overlays a dynamic set of bands (what we call “The Crazy Horse”) that expand and contract based on price momentum and structure. These bands help traders visualize expansion zones and potential reversal points. The system also detects shifts in market direction by comparing price behavior around the ORB in conjunction with volume flow and structure.

How to use it:

Wait for the 15-minute ORB to form after the open.

Look for price to break above or below the range with strength.

Use the mid-band as a re-entry or continuation zone.

Trailing stop logic is based on the band’s slope and interaction with price structure.

Why it’s closed-source:
The logic behind the band creation, entry signals, and trailing mechanisms has been refined through live trading and years of backtesting. The uniqueness lies in how this script adapts to changing volatility while respecting market structure. This flexibility allows for creative trade management and sizing techniques—something not found in any open-source version currently available.

Note:
For clean charting, this indicator should be used solo. Do not overlay additional scripts unless you are stacking logic intentionally. The visual output of this script is designed to stand on its own for decision making.