This indicator plots opening range breakout levels across multiple timeframes, including five, fifteen, thirty, and sixty minutes, directly on the price chart. It also displays the session open and overnight high and low levels. The script calculates an openin
Indicator · Pine Script v5 · On the chart
ORB Breakout Alert
The indicator identifies upside breakouts from the 30-minute US market opening range between 09:30 and 10:00 AM ET.
GitHub stars2on the repository
Pine versionv5runs as is
Lines of code184
Settings5inputs
LicenceNone stated
Last update5 months ago27 May 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
ORB Breakout Alert triggers a signal when price closes above the opening range high before 11:30 AM ET, provided bar volume exceeds a multiplier of the opening range average volume and price trades above VWAP. An optional setting requires the breakout bar to close in the upper half of its range. The indicator plots the opening range high line, breakout triangles, and background highlights directly on the main chart.
- 30-minute opening range high level tracking
- Volume multiple breakout filter
- VWAP trend alignment confirmation
- Optional upper-half bar close filter
- Visual background highlights and breakout shapes
Details
Published by
az9713 on GitHub
Type
Draws
On the price chart
Category
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 |
|---|---|---|---|
| Volume Multiplier (x ORB Avg) | float | 1.5 | volumeMultiplier |
| Require close in top 50% of bar range | bool | false | useTop50Filter |
| Show ORB High line | bool | true | showOrbLine |
| Show breakout triangle | bool | true | showTriangle |
| Highlight breakout bar background | bool | true | showBackground |
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 indicator calculates and plots a session-based volume profile directly on the price chart. It maps volume distribution across price levels, highlighting key structural reference points including the Point of Control, Value Area High, and Value Area Low. C
The Midnight VWAP indicator calculates and overlays two distinct Volume Weighted Average Price (VWAP) lines on the price chart based on customizable session timeframes. It tracks an overnight or pre-market session alongside regular trading hours, resetting cal
This overlay indicator plots option strike walls and an optional session VWAP on the price chart for SPY or ES. It spaces major strikes by the selected instrument, draws a set number of strikes on each side, and marks wall-trap and sweep events after a cooldow
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
This overlay indicator marks the current day's low and a suggested entry zone a fraction of daily ATR below that low. It compares daily volume with a volume moving average, plots daily SMA and EMA distance, and draws an optional ATR-width price cloud. Labels c
Related on ForexR
Trade Your Charts With a Regulated Broker
Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.
Compare brokers