This overlay indicator marks the New York initial balance and a configurable opening range on the price chart and reports live range statistics in two tables. It builds an IB box for a default 09:30–10:30 ET window, an ORB box from 09:30 for a set number of mi
Indicator · Pine Script v6 · On the chart
Gold Breakout Trader
Plots timed breakout ranges directly on the price chart, designed for gold trading using dollar-based spacing.
GitHub stars7on the repository
Pine versionv6current
Lines of code344
Settings28inputs
LicenceNone stated
Last update3 months ago24 Jul 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 indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
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
At scheduled trigger times or recurring two-hour intervals, it creates a central reference box flanked by upper and lower breakout stop lines, followed by three tiered take-profit target zones. Alerts trigger when price closes beyond the buy or sell stop levels. User inputs allow adjustment of trigger timing, box height, gap spacing, and visual styling.
- Central reference price box with configurable dollar height
- Buy and sell stop breakout trigger levels with buffer offsets
- Three tiered take-profit target boxes above and below the range
- Scheduled daily timing or recurring two-hour zone generation
- Customizable box transparency, label sizing, and breakout alerts
Details
Published by
eddiebelaval on GitHub
Type
Indicator, Pine Script v6
Draws
On the price chart
Category
Breakout, Support & resistance, Sessions & time
Markets
Gold
Timeframes
M1-M5, 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 |
|---|---|---|---|
| Trigger Hour (UTC+1) | int | 7 | triggerHour |
| Trigger Minute | int | 0 | triggerMinute |
| Extension Minutes (Left/Right) | int | 10 | extensionMinutes |
| Plot Every 2 Hours | bool | true | enable2HourPlot |
| Gray Box Height (USD) | float | 10.0 | boxHeight |
| Show Gray Box | bool | true | showGrayBox |
| Gray Box Color | color | color.new(color.gray, 70) | grayBoxColor |
| Buffer: Gray Box to Stop Lines (USD) | float | 2.0 | stopLineBuffer |
| Gap: Stop Lines to TP Zones (USD) | float | 2.0 | stopToTPGap |
| Gap Between TP Zones (USD) | float | 1.0 | tpZoneGap |
| Show Dashed Lines (Buy/Sell Stop) | bool | true | showDashedLines |
| Dashed Line Color | color | color.new(color.white, 30) | dashedLineColor |
Show all 28 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Dashed Line Width | int | 1 | dashedLineWidth |
| Show TP Zones | bool | true | showTPZones |
| TP1 Zone Height (USD) | float | 4.0 | tp1Height |
| TP2 Zone Height (USD) | float | 4.0 | tp2Height |
| TP3 Zone Height (USD) | float | 4.0 | tp3Height |
| TP1 Up Color | color | #26a69a | tp1ColorUp |
| TP1 Down Color | color | #b71c1c | tp1ColorDn |
| TP2 Up Color | color | #00897b | tp2ColorUp |
| TP2 Down Color | color | #880e4f | tp2ColorDn |
| TP3 Up Color | color | #004d40 | tp3ColorUp |
| TP3 Down Color | color | #4a148c | tp3ColorDn |
| TP Box Transparency | int | 85 | tpBoxTransparency |
| TP Border Transparency | int | 50 | tpBorderTransparency |
| Show Labels | bool | true | showLabels |
| Label Size | string | normal | labelSize |
| Enable Alerts | bool | true | enableAlerts |
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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