On a 15-minute timeframe, it submits a long stop order above the current high at 02:15 UTC and closes open long positions at 06:15 UTC. It then submits a short stop order below the current low at 14:15 UTC and closes short positions at 18:15 UTC. The script lacks explicit stop-loss orders and relies strictly on set time triggers for entry and exit management.
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.
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
This strategy enters long or short on the price chart when price is on the correct side of a 200-period EMA, MACD agrees, RSI is not at the opposing extreme, ADX exceeds a threshold, volume beats a 20-bar average, and close breaks the recent high or low. A tim
This strategy enters long when price closes above the prior Donchian high and short when it closes below the prior Donchian low, only while flat and inside a Taipei-hour window. It exits on a MACD histogram reversal or through an ATR stop and a percentage take
This intraday strategy implements Mark Fisher's Opening Range Breakout (ORB) methodology tailored for index futures like ES and NQ. It calculates session opening ranges, volume z-scores, and VWAP bands to plot support, resistance, and confirmation levels on th
This strategy tracks an opening session time range to establish directional bias and triggers pullback trades using Stochastic RSI. Once price breaks out of the initial range, it establishes a directional bias and enters when the Stochastic RSI crosses over in
This strategy evaluates breakout and trend opportunities on the price chart using a weighted composite score of volume, trend, and candlestick structure. It tracks volume spikes, fast and slow EMAs, higher-timeframe EMA trend alignment, opening ranges, and ses