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
Strategy · Pine Script v6 · On the chart
Prior Day Breakout
This strategy plots the previous trading day's high and low on the price chart and enters on the first close beyond either level, once per side per day, between 01:00 and 20:00 server time.
GitHub stars1on the repository
Pine versionv6current
Lines of code157
Settings9inputs
LicenceCustom licence
Last update8 days ago22 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 strategy, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart. The trades and results appear in the Strategy Tester tab; adjust the settings with the gear icon.
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
A long starts above the high and a short below the low. The stop sits across that range, the take profit is a multiple of the stop distance, and the position closes flat at 23:00. Settings select a validated XAUEUR preset or a custom target, plus timezone, hour shift, size, and whether levels and a status table appear. Entries use closed bars only.
- Previous-day high and low lines
- First close breakout once per side
- Stop on the opposite side of the range
- R-multiple target and 23:00 flat exit
- Optional status table and chart presets
Details
Published by
allanninal on GitHub
Type
Draws
On the price chart
Category
Markets
Any symbol
Timeframes
Any timeframe
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
pine-scriptpinescript-v6trading-strategytradingviewtradingview-indicator
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Settings | string | PRESET_AUTO | presetMode |
| Target, x the stop distance (R) | float | 2.0 | targetIn |
| Day time zone | string | America/New_York | dayTz |
| + hours | int | 7 | dayShift |
| Units per trade | float | 1.0 | qtyIn |
| Previous-day high and low | bool | true | showLevels |
| Status table | bool | true | showTable |
| High | color | #089981 | highColor |
| Low | color | #F23645 | lowColor |
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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