ORBox is a Box for the Opening Range Breakout The Box is added automatically according to the User preferences through GUI This Indicator includes a Dropdown selection for which Range for the Breakout you want to use ORBox has built-in Alerts for when the Breakout happens according to your preferences
Works in any Timeframe with any Ticker (Using SPY 5m just as an example:)
β’ Opening Breakout Range (ORB) β’ Dropdown menu selection to choose which TF to watch β’ Built-in Alerts for Momentum Awareness
Options:
β’ Customization for Box Colors and Sizes β’ Display ORB for Current Day or Previous
Notes:
v1.0 ORBox Indicator release
Changes and updates can come in the future for additional functionalities or per requests. Did you like it? Shoot me a message! I'd appreciate if you dropped by to say thanks.
I realize this is an opening range breakout method, but can you successfully use throughout the day? Thinking along the lines of the 15 or 30 min moving out of the box/range. Thanks for this. Love the simplicity of the way you have put this chart together. Beautiful clarity.
IamtheOctopuS
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@flyfishergal16, Yes, you can. Thank you for you compliment! That's exactly why I create all of these.
raychartss
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As a Detroid Red Wings fan i love octopus :P Thanks for your indicators. I have a suggestion for you ORB. How about to make the color of the box change red of green automatically? Thanks again and good luck.
IamtheOctopuS
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@raychartss, I have one of that for the DAY. Into the ORB it does not make any sense.