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 v5 · On the chart
ES Alpha (Logic Fix)
This strategy tracks the opening 1-minute range during regular market hours and trades the subsequent breakout on the price chart.
Repaints
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code54
Settings0inputs
LicenceNone stated
Last update9 months ago14 Jan 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
ES Alpha (Logic Fix) locks the high and low of the 09:30 to 09:31 session and plots both levels as trigger lines. A long position is taken if price exceeds the high, while a short position is triggered if price breaks the low, capped at one trade per day. Exits use a fixed 20-point profit target and place the stop loss at the opposite range boundary.
- First-minute opening range breakout detection
- Single trade per day execution cap
- Fixed 20-point profit target
- Opposite range boundary stop loss protection
- Overlay plot of dynamic session trigger levels
Details
Published by
knectardev on GitHub
Type
Draws
On the price chart
Category
Markets
Timeframes
M1-M5, M15-H1
Risk Notes
- Signals can change on the live bar or after it closes (repainting)
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 overlay strategy tracks the high and low of a user-defined London session and plots the previous session levels as support and resistance. It flags a break beyond a level when price closes past an ATR buffer, then waits a set number of bars for a retest w
This strategy combines Opening Range Breakout (ORB) mechanics with Inner Circle Trader (ICT) concepts like Fair Value Gaps, Order Blocks, and liquidity grabs. It identifies session opening ranges and generates signals when price breaks out with supporting rela
This strategy detects Opening Range Breakouts in a specified session. It calculates the high and low of the opening range bar then plots these levels on the price chart and fills the area between them. Candles are colored based on their relation to the ORB hig
A strategy-type script for the price chart that marks the high, low and midpoint of the first part of each session, set by start hour and minute inputs, and alerts when price crosses above the high or below the low. It also plots VWAP and a 50-period EMA, pivo
A strategy built around the first regular-session candle of the US day in New York time, together with rejection levels collected from wicks formed during pre-market and after-hours sessions. Rejection levels within a tolerance percentage are grouped. Options
Related on ForexR
EA LibraryFree Breakout Expert AdvisorsGuideForex Trading SessionsGuideSupport and Resistance in ForexDaily analysisNasdaq 100 (US100) forecast and analysisGuideHow to Backtest a Pine Script Strategy in TradingViewCalculatorForex Market HoursCalculatorPivot Point CalculatorEA LibraryFree Index Expert Advisors
Trade Your Charts With a Regulated Broker
Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.
Compare brokers