This intraday overlay establishes directional bias and high-conviction swing setups for SPY on the 15-minute timeframe. It computes a weighted confluence score combining an EMA ribbon, a 50 EMA anchor, session VWAP bands, RSI divergence, ADX, TTM Squeeze, cand
Indicator · Pine Script v5 · On the chart
ORB + Fib + MACD Indicator
The ORB + Fib + MACD Indicator combines Opening Range Breakout mechanics with Fibonacci retracement levels and MACD momentum filtering.
GitHub stars6on the repository
Pine versionv5runs as is
Lines of code224
Settings18inputs
LicenceNone stated
Last update7 months ago16 Mar 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 + Fib + MACD Indicator determines the high and low bounds of a user-defined initial session window, projects Fibonacci entry zones, and calculates take-profit and stop-loss levels. Traders can choose between session extremes, fixed points, ATR multipliers, or Fibonacci extensions for risk management. Fast and slow moving averages along with MACD filter setup signals directly on the main price chart.
- Opening range duration configuration with session tracking
- Fibonacci retracement entry zones and stop-loss levels
- Multiple take-profit options including Fib extensions and ATR
- Integrated MACD and dual EMA trend filtering
Details
Published by
alboogycOdR on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Sessions & time, Support & resistance, Oscillators & momentum, Trend
Markets
Gold, Forex, Indices
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 |
|---|---|---|---|
| Opening Range Duration (minutes) | int | 30 | input_openingRangeMinutes |
| Fibonacci Entry Zone Start | float | 0.50 | input_fibEntryStart |
| Fibonacci Entry Zone End | float | 0.618 | input_fibEntryEnd |
| Stop Loss Fibonacci Level | float | 0.786 | input_stopLossFibLevel |
| Take Profit Method | string | Session High/Low | input_tpMethod |
| TP Fixed Points (Pips) | float | 100.0 | input_tpFixedPoints |
| TP Risk-Reward Ratio (e.g., 2 for 1:2) | float | 2.0 | input_tpRiskRewardRatio |
| TP Opening Range Multiplier | float | 1.0 | input_tpRangeMultiplier |
| TP Fibonacci Extension Level | float | 1.272 | input_tpFibExtensionLevel |
| Stop Loss Method | string | Fibonacci Level | input_slMethod |
| SL Fixed Points (Pips) | float | 50.0 | input_slFixedPoints |
| SL ATR Multiplier | float | 1.5 | input_slAtrMultiplier |
Show all 18 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| SL ATR Length | int | 14 | input_slAtrLength |
| Fast EMA Length | int | 9 | input_emaFastLength |
| Slow EMA Length | int | 21 | input_emaSlowLength |
| MACD Fast Length | int | 12 | input_macdFastLength |
| MACD Slow Length | int | 26 | input_macdSlowLength |
| MACD Signal Smoothing | int | 9 | input_macdSignalSmoothing |
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 plots entry signals directly on the price chart by combining Directional Movement Index (DMI) and Moving Average Convergence Divergence (MACD) indicators. It offers two distinct signal logic modes that trigger when DMI and MACD confirm each othe
This indicator plots multi-timeframe RSI signals on the price chart. It calculates a smoothed RSI using short and long periods with EMA smoothing, then applies a Stoch filter for direction changes. Signals trigger on crossovers and levels, combined with ADX tr
This indicator plots auto trade signals for E-mini S&P 500 futures on the price chart. It computes an EMA200 filter along with day ETH RTH session levels and percentage-based entry zones. Signals trigger CALL or PUT cases when price crosses defined thresholds
This indicator calculates key support and resistance levels by analyzing the first and second momentum derivatives of a Double Exponential Moving Average (DEMA). When the second derivative (momentum of momentum) crosses zero, it identifies local turning points
Moon Dev Lunar Sniper is a multi-indicator overlay that scores confluence across fast and slow EMAs, RSI, MACD, DMI, and BB width to fire signals only when score meets the minimum threshold. It plots buy and sell signals on the price chart, highlights cosmic b
Trade Your Charts With a Regulated Broker
Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.
Compare brokers