by 
This strategy fades opening gaps on ES during the New York regular session and draws on the price chart. It checks the gap against a minimum percentage, a minimum point size, and an optional ATR multiple, then uses a five-, fifteen-, or thirty-minute opening r
Strategy · Pine Script v6 · On the chart
CH033 ORB+ Strategy
A Pine v6 backtest strategy for the New York opening range on index futures.
GitHub stars1on the repository
Pine versionv6current
Lines of code415
Settings40inputs
LicenceNone stated
Last update2 months ago20 Aug 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
CH033 ORB+ Strategy marks the 09:30 to 09:45 range, then looks for a break by wick or close, a return inside the range, and a close across session VWAP in the opposite direction before entering. Stop loss can use the manipulation extreme, ATR or a fixed distance, with three R-multiple targets, partial exits, break-even after the first target and a daily trade limit. Comments and labels are in Spanish.
- Opening range break, re-entry and VWAP close setup
- Stop loss modes: manipulation extreme, ATR or fixed points
- Three R-multiple targets with partial exits
- Break-even move after the first target
- Optional day-direction alignment filter and continuation mode
Details
Published by
sandovalchristian033 on GitHub
Type
Strategy, Pine Script v6
Draws
On the price chart
Category
Sessions & time, Breakout, Mean reversion
Markets
Indices
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 |
|---|---|---|---|
| Rango de apertura | session | 0930-0945 | nyRange |
| Ventana de entradas | session | 0945-1200 | entryWinSes |
| Cerrar la posición al terminar la ventana | bool | true | closeAtEnd |
| Ruptura del rango por | string | Mecha (barrido) | brkMode |
| Exigir reingreso al rango | bool | true | needReentry |
| Invalidar si tarda más de N velas en reingresar | bool | false | useBarLim |
| barLim | int | 40 | barLim |
| Máximo de operaciones por día | int | 1 | maxSigs |
| Descartar los fades que van contra la dirección del día | bool | false | alignOn |
| Zona muerta (X veces el tamaño del rango) | float | 0.15 | alignDead |
| MODO CONTINUACIÓN · operar a favor del día en vez de descartar | bool | false | contOn |
| Cálculo del Stop Loss | string | Extremo de la manipulación | slMode |
Show all 40 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Colchón del stop (ticks) | int | 2 | slBufTicks |
| ATR · periodo | int | 14 | atrLen |
| x | float | 1.5 | atrMult |
| Stop fijo (puntos) | float | 20 | fixedSlPts |
| TP1 (R) | float | 1.0 | tp1R |
| TP2 (R) | float | 1.5 | tp2R |
| TP3 (R) | float | 2.0 | tp3R |
| Descartar si el stop es menor a (pts) | bool | false | useMinStop |
| minStopPts | float | 5 | minStopPts |
| Descartar señales con stop demasiado grande | string | Múltiplo del rango | stopFilterMode |
| Máximo = X veces el tamaño del rango | float | 2.5 | maxStopRangeMult |
| Máximo en puntos | float | 80 | maxStopPts |
| Mover el stop a break-even tras TP1 | bool | true | beAfterTp1 |
| Contratos por operación | int | 3 | qtyTot |
| Salidas parciales en TP1, TP2 y TP3 | bool | true | useScale |
| Si no hay parciales, salir en | string | TP2 | oneTp |
| Mostrar el panel | bool | true | statOn |
| statPos | string | Arriba derecha | statPos |
| statSize | string | Pequeño | statSize |
| Riesgo por operación ($) | float | 250 | riskUsd |
| Límite de drawdown de la cuenta ($) | float | 2000 | ddLimit |
| Niveles de R a medir | float | 1.0 | statR1 |
| statR2 | float | 1.5 | statR2 |
| statR3 | float | 2.0 | statR3 |
| statR4 | float | 3.0 | statR4 |
| Filtrar según el bias de temporalidad alta | bool | false | useBiasFilt |
| Temporalidad | timeframe | 60 | biasTfHigh |
| EMA | int | 21 | biasMaLen |
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.
Similar Pine Scripts
This strategy plots on the price chart and combines an opening-range breakout with gap-fill logic. It builds the range from a fixed 9:30 start for a user-set number of minutes, then marks breaks of the range high or low. Gaps are classed as full or partial fro
Calculates standard Bollinger Bands and identifies band expansion breakouts where upper and lower bands move in opposite directions. It enters long positions when price breaks above the upper band with a high candle body percentage, and enters short positions
The Chained Linear Regression Reversal Strategy plots linear regression channels with upper and lower standard deviation bands directly on the price chart across a user-defined time window. When price breaks out of the static channel for a confirmed number of
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
This strategy enters long or short on the price chart when price is on the correct side of a 200-period EMA, MACD agrees, RSI is not at the opposing extreme, ADX exceeds a threshold, volume beats a 20-bar average, and close breaks the recent high or low. A tim
Trade Your Charts With a Regulated Broker
Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.
Compare brokers