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
ORB Multi-Model Indicator
This indicator plots Opening Range Breakout signals on the price chart for the New York session.
GitHub stars2on the repository
Pine versionv6current
Lines of code2,184
Settings40inputs
LicenceNone stated
Last update2 weeks ago12 Oct 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 Multi-Model Indicator implements nine ORB models with varying conditions including volume filters, RSI thresholds, FVG detection, and compression requirements. Signals display entries with configurable risk-reward ratios and optional combined scoring across enabled models. Settings control which models activate, session windows, time cutoffs, and filter thresholds. It draws boxes for opening ranges and lines or labels for breakout signals.
- Multiple ORB Models
- Combined Confidence Scoring
- NY Session Breakouts
- Volume and RSI Filters
- Risk Reward Ratios
Details
Published by
BobLeeHacker on GitHub
Type
Indicator, Pine Script v6
Draws
On the price chart
Category
Breakout, Support & resistance, Sessions & time
Markets
Forex, Gold
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.
Topics
breakout-strategyday-tradingforexgold-tradingopening-range-breakoutorbpine-scripttechnical-analysistrading-strategy
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Enable Combined Signal | bool | true | i_comb_on |
| NY Session Window | session | 0930-1600 | i_sessionOpen |
| Signal Cutoff Hour (EST) | int | 12 | i_timeCutoff |
| Enable OR Width Filter | bool | false | i_orWidthFilter |
| OR Max Width (× ATR14) | float | 1.5 | i_orWidthMaxATR |
| Primary Reference TF (M3/M4/M6/M7/M9) | timeframe | 5 | i_refTF |
| Fast Reference TF (M1, Combined) | timeframe | 1 | i_refTF_fast |
| Model 1 — Crabel OR Length (min) | int | 15 | i_crabelMins |
| Model 1 — Classic Crabel | bool | true | i_m1_on |
| Model 3 — 5-Min Scalper | bool | true | i_m3_on |
| Model 4 — Standard 15-Min | bool | true | i_m4_on |
| Model 6 — FVG ORB | bool | false | i_m6_on |
Show all 40 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Model 7 — Gold ORB | bool | true | i_m7_on |
| Model 9 — Failed ORB Reversal | bool | false | i_m9_on |
| Model 10 — BDM ORB | bool | false | i_m10_on |
| Min Models to Show Signal | int | 1 | i_minAgree |
| M1: Require NR7/NR4 compression | bool | true | i_m1_nr7 |
| M1: Risk/Reward ratio | float | 2.0 | i_m1_rratio |
| M1: Min RVOL (0 = off) | float | 1.2 | i_m1_volMult |
| M3: Min volume multiplier (vs avg) | float | 1.5 | i_m3_volMult |
| M3: Risk/Reward ratio | float | 1.5 | i_m3_rratio |
| M4: Min volume multiplier | float | 1.2 | i_m4_volMult |
| M4: RSI min (longs) | int | 40 | i_m4_rsiMin |
| M4: RSI max (shorts) | int | 60 | i_m4_rsiMax |
| M4: Risk/Reward ratio | float | 2.0 | i_m4_rratio |
| M6: Min FVG size (% of OR range) | float | 0.1 | i_m6_fvgMinSize |
| M6: Risk/Reward ratio | float | 2.0 | i_m6_rratio |
| M7: Cutoff hour EST (no entries after) | int | 12 | i_m7_cutoffHour |
| M7: Risk/Reward ratio | float | 2.0 | i_m7_rratio |
| M7: Min RVOL (0 = off) | float | 1.2 | i_m7_volMult |
| M9: Risk/Reward ratio | float | 2.0 | i_m9_rratio |
| M9: Bars inside to confirm failure | int | 5 | i_m9_failBars |
| BDM: Retest tolerance (× ATR) | float | 0.15 | i_bdm_retestTol |
| BDM: SL ATR multiplier | float | 0.5 | i_bdm_slMult |
| BDM: Risk/Reward ratio | float | 2.0 | i_bdm_rratio |
| BDM: Max 1-min bars to wait | int | 20 | i_bdm_maxWait |
| Weight: Volume Confirmation (%) | int | 20 | i_wVol |
| Weight: HTF Trend Alignment (%) | int | 20 | i_wHTF |
| Weight: Day Type / Gap (%) | int | 15 | i_wDay |
| Weight: Narrow Range NR7 (%) | int | 10 | i_wNR |
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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