OPEN-SOURCE SCRIPT
ORB 5 Min Break & Retest + Alerts By Khan
ORB 5-Minute Break & Retest Indicator
This indicator plots the high and low of the first 5-minute candle of the trading session (Opening Range). It then monitors price for a breakout above or below the ORB levels and triggers an alert when price retests the broken level and holds.
Designed to help identify high-probability ORB continuation setups with clear visual levels and TradingView alerts.
If you want, I can also:
Make it even shorter (1–2 lines)
Write a more detailed TradingView public script description
Add a usage guide (rules + best timeframe)
Disclaimer:
This is general information only and not financial advice. For personal guidance, please talk to a licensed professional.
This indicator plots the high and low of the first 5-minute candle of the trading session (Opening Range). It then monitors price for a breakout above or below the ORB levels and triggers an alert when price retests the broken level and holds.
Designed to help identify high-probability ORB continuation setups with clear visual levels and TradingView alerts.
If you want, I can also:
Make it even shorter (1–2 lines)
Write a more detailed TradingView public script description
Add a usage guide (rules + best timeframe)
Disclaimer:
This is general information only and not financial advice. For personal guidance, please talk to a licensed professional.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.