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VORB DJB Trades V1

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VORB by DJB Trades (Version 1) is a complete intraday framework built around the New York session Opening Range Breakout (ORB), combined with higher-timeframe VWAPs and precise Fair Value Gap mapping.

This tool is designed to give you context, levels and confluence at a glance – no more stacking 5 different indicators on your chart.

🔶 Core ORB Logic (NY Session)

• Uses the 09:30–09:45 NY time 15-minute ORB range.
• Draws an ORB box from high to low during the ORB window.
• Projects clean high/low ORB lines across the session (up to your chosen end time, default 18:00 NY).
• Displays the ORB size in points above the box
• 1 point = 4 ticks (futures-style logic).

This gives an instant sense of how “wide” or “tight” the opening drive was, and how much room you have for trend or mean-reversion plays.

📐 Daily VWAP (Intraday Bias)

• Custom anchor time (default 18:00, NY session close style).
• Plots Daily VWAP plus +/-1 standard deviation bands.
• Full styling controls: colors, line widths, band fill etc.
• You can limit visibility to specific timeframes via dropdown (e.g. only show on 1–5m, or just intraday).

VWAP +/-1 deviation bands gives you intraday bias and “fair value” zones to frame trades around the ORB.

🕒 Higher Timeframe VWAPs (Weekly, Monthly, Yearly)

All three higher-TF VWAPs are calculated the same way (volume-weighted, streaming) but anchored at different structural points:

• Weekly VWAP – resets at the start of each week
• Monthly VWAP – resets at the start of each month
• Yearly VWAP – resets at the start of each year

Each has:

• Main VWAP line
• ±/-1 standard deviation bands
• Independent color / width / band fill settings
• Timeframe visibility controls (“show from TF” & “show up to TF”) so you can do things like:

⁃ Weekly VWAP only from 5m and above
⁃ Monthly on 1h and higher
⁃ Yearly only on Daily/Weekly/Monthly

Use these as higher-timeframe bias references and key dynamic value areas above/below the ORB.

📊 1m FVGs (Outside ORB & VWAP Bands)

For precision entries:

• Detects 1-minute Fair Value Gaps (classic 3-candle pattern):

⁃ Bullish FVG: low > high[2]
⁃ Bearish FVG: high < low[2]

• Only plots FVGs that are:

⁃ Outside the ORB range, and
⁃ Outside the Daily VWAP +/-1 bands

• FVG boxes are auto-extended to the right (4× original width) for clear “liquidity pockets”.
• Separate colors for bullish and bearish FVGs.

This helps you focus only on “clean” imbalances away from the opening chop and mid-range value.

⚙️ Customisation & Use

• Works best on US indices, FX and futures during the NY session.
• Optimised for 1m–15m ORB trading, but higher-TF VWAPs shine on 5m, 15m, 1h and Daily.
• Every visual element (ORB box, lines, VWAPs, bands, FVGs, label text/bg) is fully customisable in the settings.

⚠️ Disclaimer

This script is for educational and informational purposes only.
It does not constitute financial advice or a signal service.
Always test on a demo account and use your own risk management before trading live.
Release Notes
VORB by DJB Trades (Version 1) is a complete intraday framework built around the New York session Opening Range Breakout (ORB), combined with higher-timeframe VWAPs and precise Fair Value Gap mapping.

This tool is designed to give you context, levels and confluence at a glance – no more stacking 5 different indicators on your chart.

🔶 Core ORB Logic (NY Session)

• Uses the 09:30–09:45 NY time 15-minute ORB range.
• Draws an ORB box from high to low during the ORB window.
• Projects clean high/low ORB lines across the session (up to your chosen end time, default 18:00 NY).
• Displays the ORB size in points above the box
• 1 point = 4 ticks (futures-style logic).

This gives an instant sense of how “wide” or “tight” t he opening drive was, and how much room you have for trend or mean-reversion plays.

📐 Daily VWAP (Intraday Bias)

• Custom anchor time (default 18:00, NY session close style).
• Plots Daily VWAP plus +/-1 standard deviation bands.
• Full styling controls: colors, line widths, band fill etc.
• You can limit visibility to specific timeframes via dropdown (e.g. only show on 1–5m, or just intraday).

VWAP +/-1 deviation bands gives you intraday bias and “fair value” zones to frame trades around the ORB.

🕒 Higher Timeframe VWAPs (Weekly, Monthly, Yearly)

All three higher-TF VWAPs are calculated the same way (volume-weighted, streaming) but anchored at different structural points:

• Weekly VWAP – resets at the start of each week
• Monthly VWAP – resets at the start of each month
• Yearly VWAP – resets at the start of each year

Each has:

• Main VWAP line
• ±/-1 standard deviation bands
• Independent color / width / band fill settings
• Timeframe visibility controls (“show from TF” & “show up to TF”) so you can do things like:

⁃ Weekly VWAP only from 5m and above
⁃ Monthly on 1h and higher
⁃ Yearly only on Daily/Weekly/Monthly

Use these as higher-timeframe bias references and key dynamic value areas above/below the ORB.

📊 1m FVGs (Outside ORB & VWAP Bands)

For precision entries:

• Detects 1-minute Fair Value Gaps (classic 3-candle pattern):

⁃ Bullish FVG: low > high[2]
⁃ Bearish FVG: high < low[2]

• Only plots FVGs that are:

⁃ Outside the ORB range, and
⁃ Outside the Daily VWAP +/-1 bands

• FVG boxes are auto-extended to the right (4× original width) for clear “liquidity pockets”.
• Separate colors for bullish and bearish FVGs.

This helps you focus only on “clean” imbalances away from the opening chop and mid-range value.

⚙️ Customisation & Use

• Works best on US indices, FX and futures during the NY session.
• Optimised for 1m–15m ORB trading, but higher-TF VWAPs shine on 5m, 15m, 1h and Daily.
• Every visual element (ORB box, lines, VWAPs, bands, FVGs, label text/bg) is fully customisable in the settings.

⚠️ Disclaimer

This script is for educational and informational purposes only.
It does not constitute financial advice or a signal service.
Always test on a demo account and use your own risk management before trading live.

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.