by 
This script monitors opening gap conditions and breakout behavior relative to the first candle's range across up to twenty configurable stock tickers. It detects whether following bars remain inside the opening range before breaking out, displaying the status
Strategy · Pine Script v6 · On the chart
AlgoBot ORB Strategy
An opening range breakout strategy for Nasdaq and S&P futures on the 15-minute chart.
GitHub stars1on the repository
Pine versionv6current
Lines of code95
Settings10inputs
LicenceNone stated
Last update6 months ago26 Apr 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new strategy, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart. The trades and results appear in the Strategy Tester tab; adjust the settings with the gear icon.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
AlgoBot ORB Strategy records the 9:30 to 10:00 New York range, then enters on the first close beyond it, plus a small point buffer, in line with a 50-period EMA bias, until 11:30. Stops are ATR-based, with a partial exit at a smaller R multiple and the remainder aiming for a larger one. Inputs cover market, contracts, buffer, stop and targets. The author's header marks it as disabled and archived for reference only.
- 30-minute opening range breakout
- EMA 50 directional alignment
- ATR stop with partial and full targets
- Entry buffer in points
- Webhook alert fields
Details
Published by
ghostnathan30-ops on GitHub
Type
Draws
On the price chart
Category
Markets
Timeframes
M15-H1
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Webhook Secret | string | CHANGE_ME_RANDOM_SECRET_HERE | webhook_secret |
| Market | string | NQ | market |
| Risk Mode | string | safe | risk_mode |
| Max Contracts | int | 1 | max_cts |
| Size Multiplier | float | 1.0 | size_mult |
| ORB Buffer (pts) | float | 0.25 | orb_buffer |
| Stop ATR Mult | float | 0.8 | stop_atr_mult |
| Target R | float | 1.5 | target_r |
| Partial Exit R | float | 0.75 | partial_r |
| GLS Score | int | 75 | gls_score |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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