Opening Range Breakout Indicator
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Opening Range Breakout Trade Indicator
The ORBT indicator is a dynamic indicator that automatically calculates the Entry points and Stops for the ORBT trade. The ORBT indicator includes all three ORBT time periods, 5, 15, and 30 minute trading times. The orange background is the idle time trading range, and the gray background is the trading time range. When price crosses one of the barriers, a visual indicator will appear stating "Long Trade Triggered" or "Short Trade Triggered", as well as an audible alert. The ORBT indicator is great for traders who are watching multiple stocks at once. Available Exclusively on the Think or Swim Platform! A one time purchase fee of 39.95 grants you lifetime access to the indicator. If for any reason you lose the indicator, all you have to do is email us and we will replace the indicator free of charge. Furthermore, we will automatically send you any updates or improvements we make. The ORBT indicator is completely automated and extremely easy to use. The only input you need is the time frame you are wanting to trade. The default setting is the 30 minute trading window, but has the option to trade the 5, and 15 minute as well. The ORBT indicator automatically detects the market openings and begins tracking the idle time period. During this time, a transparent orange background will appear, highlighting the idle time range. When the last candle of idle time starts, two boxes at the top of the screen will appear and will automatically identify the potential trade barriers. It is highly recommended to 1 minute candles as the alert will be delayed if using a higher candlestick. The ORBT indicator will send an alert and print a visual cue as soon as price crosses an entry barrier (as long as you are using 1 minute candles).
The ORBT indicator is customizable. You can change much of the settings, including the trigger, the stop, the trading time as well as the alert features. If you would like to own the ORBT indicator for only $39.99 Click Here! |