PROTECTED SOURCE SCRIPT
Updated ORB Strategy + VWAP Criteria + Stop Loss and TPs by GOCH
This indicator will let you know once any 5 minute candle breaks the orb limits, establishing the amount of stop loss points, and also establishing the take profit zone. Each zone between ranges is equivalent to the amount of stop loss points.
The indicator will only trigger if the vwap is not in between the entry price and the TP2 price.
This is a profitable strategy if you stick to being consistent with your lot.
The correct setup is:
Opening Range: 15 Min
Custom Range:
7:30-7:45 UTC-6
The indicator will only trigger if the vwap is not in between the entry price and the TP2 price.
This is a profitable strategy if you stick to being consistent with your lot.
The correct setup is:
Opening Range: 15 Min
Custom Range:
7:30-7:45 UTC-6
Release Notes
This indicator will let you know once any 5 minute candle breaks the orb limits, establishing the amount of stop loss points, and also establishing the take profit zone. Each zone between ranges is equivalent to the amount of stop loss points.The indicator will only trigger if the VWAP (Week) is not in between the entry price and the TP2 price.
This is a profitable strategy if you stick to being consistent with your lot.
The correct setup is:
Opening Range: 15 Min
Custom Range:
7:30-7:45 UTC-6
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.