ORB w/ Targets & News
It plots the opening range for the first 15 minutes of the RTH (regular trading hours) session, then plots this range and looks for the first 5m candle to close either above or below said range.
- If it closes above the range, then it should result in a LONG entry on the next candle.
- If it closes below the range, then it should result in a SHORT entry on the next candle.
The user has the option also of:
- Changing the timeframe where changes can occur.
- using BE+ (breakeven plus)
- using TSL (trailing stop loss)
- setting TP (take profit) as a percentage of the opening range.
SL (stop loss) is fixed at 55% of opening range (might change this in future revisions).
- Choosing to block trading before/after various impact news events.
...and MANY more options.
Please note that (for now) this strategy is invite only and provided to members of the GOAT Algo System, link here:
(detail about how to subscribe are included there)
I am not an administrator of that system, but am myself a subscriber, and am providing this and soon other strategies as a way to contribute to the group.
Disclaimers:
- Trading has risks, be sure to educate yourself as to the risks of trading.
- The default settings are just a starting point and are not meant to be the "best", since settings will naturally be necessitated over time. It is up to the individual trader to do their own backtesting and optimizing of parameters.
- No returns are guaranteed, it is up to the individual trader to use their own judgement to decide to enable this strategy and what settings they will use.
Feedback:
Feel free to reach out to the publisher of this strategy with suggestions through the group's Discord channel, subscribing member areas. There is no guarantee that any suggestions will be implemented, but they will be considered.
It plots the opening range for the first 15 minutes of the RTH (regular trading hours) session, then plots this range and looks for the first 5m candle to close either above or below said range.
- If it closes above the range, then it should result in a LONG entry on the next candle.
- If it closes below the range, then it should result in a SHORT entry on the next candle.
The user has the option also of:
- Changing the timeframe where changes can occur.
- using BE+ (breakeven plus)
- using TSL (trailing stop loss)
- setting TP (take profit) as a percentage of the opening range.
SL (stop loss) is fixed at 55% of opening range (might change this in future revisions).
- Choosing to block trading before/after various impact news events.
...and MANY more options.
Please note that (for now) this strategy is invite only and provided to members of the GOAT Algo System, link here:
(detail about how to subscribe are included there)
I am not an administrator of that system, but am myself a subscriber, and am providing this and soon other strategies as a way to contribute to the group.
Disclaimers:
- Trading has risks, be sure to educate yourself as to the risks of trading.
- The default settings are just a starting point and are not meant to be the "best", since settings will naturally be necessitated over time. It is up to the individual trader to do their own backtesting and optimizing of parameters.
- No returns are guaranteed, it is up to the individual trader to use their own judgement to decide to enable this strategy and what settings they will use.
Feedback:
Feel free to reach out to the publisher of this strategy with suggestions through the group's Discord channel, subscribing member areas. There is no guarantee that any suggestions will be implemented, but they will be considered.
Skrip jemputan sahaja
Hanya pengguna yang diberikan kebenaran oleh penulis mempunyai akses kepada skrip ini dan ini selalunya memerlukan pembayaran. Anda boleh menambahkan skrip kepada kegemaran anda tetapi anda hanya boleh menggunakannya selepas meminta kebenaran dan mendapatkannya daripada penulis — ketarhui lebih lanjut di sini. Untuk lebih butiran, ikuti arahan penulis di bawah atau hubungi futuresscott secara terus.
TradingView tidak menyarankan pembayaran untuk atau menggunakan skrip kecuali anda benar-benar mempercayai penulisnya dan memahami bagaimana ia berfungsi. Anda juga boleh mendapatkan alternatif sumber terbuka lain yang percuma dalam skrip komuniti kami.
Arahan penulis
Amaran: sila baca panduan kami untuk skrip jemputan sahaja sebelum memohon akses.
Penafian
Skrip jemputan sahaja
Hanya pengguna yang diberikan kebenaran oleh penulis mempunyai akses kepada skrip ini dan ini selalunya memerlukan pembayaran. Anda boleh menambahkan skrip kepada kegemaran anda tetapi anda hanya boleh menggunakannya selepas meminta kebenaran dan mendapatkannya daripada penulis — ketarhui lebih lanjut di sini. Untuk lebih butiran, ikuti arahan penulis di bawah atau hubungi futuresscott secara terus.
TradingView tidak menyarankan pembayaran untuk atau menggunakan skrip kecuali anda benar-benar mempercayai penulisnya dan memahami bagaimana ia berfungsi. Anda juga boleh mendapatkan alternatif sumber terbuka lain yang percuma dalam skrip komuniti kami.
Arahan penulis
Amaran: sila baca panduan kami untuk skrip jemputan sahaja sebelum memohon akses.