@Sticks-N-Bones yes it can using the add background color . https://tlc.thinkorswim.com/center/reference/thinkScript/Functions/Look---Feel/AssignBackgroundColor
Yes I understand that but this is currently just an indicator. I was wondering if it could be converted to a watchlist column as well with color coded background as an additional bonus.yes it can using the add background color . https://tlc.thinkorswim.com/center/reference/thinkScript/Functions/Look---Feel/AssignBackgroundColor
Thanks Ben! A simple search would’ve yielded me those results. This is literally exactly what I envisioned@Sticks-N-Bones The watchlist column is already available here: https://usethinkscript.com/threads/opening-range-orb-watchlist-column-for-thinkorswim.140/
RO= Risk on . PC = previous close ( yesterday closed price)Can someone please explain what "RO" means?
I've seen other people ask and no-one answers.
What is the point of the RO line? PC line? Etc?
A glossary would be great.
declare Hide_On_Daily;
declare Once_per_bar;
input OrMeanS = 0930.0; #hint OrMeanS: Begin Mean Period. Usually Market Open EST.
input OrMeanE = 0935.0; #hint OrMeanE: End Mean period. Usually End of first bar.
input OrBegin = 0930.0; #hint OrBegin: Beginning for Period of Opening Range Breakout.
input OrEnd = 1000.0; #hint OrEnd: End of Period of Opening Range Breakout.
input CloudOn = no; #hint CloudOn: Clouds Opening Range.
input AlertOn = yes; #hint AlertOn: Alerts on cross of Opening Range.
input ShowTodayOnly = {"No", default "Yes"};
input nAtr = 4; #hint nATR: Lenght for the ATR Risk and Target Lines.
input AtrTargetMult = 2.0; #hint ATRmult: Multiplier for the ATR calculations.
def h = high;
def l = low;
def c = close;
def bar = barNumber();
def s = ShowTodayOnly;
def ORActive = if secondsTillTime(OrMeanE) > 0 and
secondsFromTime(OrMeanS) >= 0
then 1
else 0;
def today = if s == 0
or getDay() == getLastDay() and
secondsFromTime(OrMeanS) >= 0
then 1
else 0;
def ORHigh = if ORHigh[1] == 0
or ORActive[1] == 0 and
ORActive == 1
then h
else if ORActive and
h > ORHigh[1]
then h
else ORHigh[1];
def ORLow = if ORLow[1] == 0
or ORActive[1] == 0 and
ORActive == 1
then l
else if ORActive and
l < ORLow[1]
then l
else ORLow[1];
def ORWidth = ORHigh - ORLow;
def na = double.nan;
def ORHA = if ORActive
or today < 1
then na
else ORHigh;
def ORLA = if ORActive
or today < 1
then na
else ORLow;
def O = ORHA - Round(((ORHA - ORLA) / 2) / TickSize(), 0) * TickSize();
def ORActive2 = if secondsTillTime(OREnd) > 0 and
secondsFromTime(ORBegin) >= 0
then 1
else 0;
def ORHigh2 = if ORHigh2[1] == 0
or ORActive2[1] == 0 and
ORActive2 == 1
then h
else if ORActive2 and
h > ORHigh2[1]
then h
else ORHigh2[1];
def ORLow2 = if ORLow2[1] == 0
or ORActive2[1] == 0 and
ORActive2 == 1
then l
else if ORActive2 and
l < ORLow2[1]
then l
else ORLow2[1];
def ORWidth2 = ORHigh2 - ORLow2;
def TimeLine = if secondsTillTime(OREnd) == 0
then 1
else 0;
def ORmeanBar = if !ORActive and ORActive[1]
then barNumber()
else ORmeanBar[1];
def ORendBar = if !ORActive2 and ORActive2[1]
then barNumber()
else ORendBar[1];
def ORL = if (o == 0 , na, o);
plot ORLext = if barNumber() >= highestAll(ORmeanBar)
then HighestAll(if isNaN(c[-1])
then ORL[1]
else double.nan)
else double.nan;
ORLext.SetDefaultColor(color.Yellow);
ORLext.SetStyle(curve.Long_DASH);
ORLext.SetLineWeight(3);
ORLext.HideTitle();
def ORH2 = if ORActive2
or today < 1
then na
else ORHigh2;
plot ORH2ext = if barNumber() >= highestAll(ORendBar)
then HighestAll(if isNaN(c[-1])
then ORH2[1]
else double.nan)
else double.nan;
ORH2ext.SetDefaultColor(color.Green);
ORH2ext.SetStyle(curve.Long_DASH);
ORH2ext.SetLineWeight(3);
ORH2ext.HideTitle();
def ORL2 = if ORActive2
or today < 1
then na
else ORLow2;
plot ORL2ext = if barNumber() >= highestAll(ORendBar)
then HighestAll(if isNaN(c[-1])
then ORL2[1]
else double.nan)
else double.nan;
ORL2ext.SetDefaultColor(color.Red);
ORL2ext.SetStyle(curve.Long_DASH);
ORL2ext.SetLineWeight(3);
ORL2ext.HideTitle();
def RelDay = (ORL - ORL2) / (ORH2 - ORL2);
def dColor = if RelDay > .5
then 5
else if RelDay < .5
then 6
else 4;
def pos = (ORH2 - ORL2)/10;
plot d1 = if (TimeLine , ORH2, na);
plot d2 = if (TimeLine , ORH2 - ( pos * 2), na);
plot d3 = if (TimeLine , ORH2 - ( pos * 3), na);
plot d4 = if (TimeLine , ORH2 - ( pos * 4), na);
plot d5 = if (TimeLine , ORH2 - ( pos * 5), na);
plot d6 = if (TimeLine , ORH2 - ( pos * 6), na);
plot d7 = if (TimeLine , ORH2 - ( pos * 7), na);
plot d8 = if (TimeLine , ORH2 - ( pos * 8), na);
plot d9 = if (TimeLine , ORH2 - ( pos * 9), na);
plot d10 = if (TimeLine ,(ORL2), na);
d1.SetPaintingStrategy(PaintingStrategy.POINTS);
d2.SetPaintingStrategy(PaintingStrategy.POINTS);
d3.SetPaintingStrategy(PaintingStrategy.POINTS);
d4.SetPaintingStrategy(PaintingStrategy.POINTS);
d5.SetPaintingStrategy(PaintingStrategy.POINTS);
d6.SetPaintingStrategy(PaintingStrategy.POINTS);
d7.SetPaintingStrategy(PaintingStrategy.POINTS);
d8.SetPaintingStrategy(PaintingStrategy.POINTS);
d9.SetPaintingStrategy(PaintingStrategy.POINTS);
d10.SetPaintingStrategy(PaintingStrategy.POINTS);
d1.AssignValueColor(GetColor(Dcolor));
d2.AssignValueColor(GetColor(Dcolor));
d3.AssignValueColor(GetColor(Dcolor));
d4.AssignValueColor(GetColor(Dcolor));
d5.AssignValueColor(GetColor(Dcolor));
d6.AssignValueColor(GetColor(Dcolor));
d7.AssignValueColor(GetColor(Dcolor));
d8.AssignValueColor(GetColor(Dcolor));
d9.AssignValueColor(GetColor(Dcolor));
d10.AssignValueColor(GetColor(Dcolor));
d1.HideBubble();
d2.HideBubble();
d3.HideBubble();
d4.HideBubble();
d5.HideBubble();
d6.HideBubble();
d7.HideBubble();
d8.HideBubble();
d9.HideBubble();
d10.HideBubble();
d1.HideTitle();
d2.HideTitle();
d3.HideTitle();
d4.HideTitle();
d5.HideTitle();
d6.HideTitle();
d7.HideTitle();
d8.HideTitle();
d9.HideTitle();
d10.HideTitle();
addCloud(if CloudOn == yes
then orl
else double.nan
, orl2,createColor(244,83,66), createColor(244,83,66));
addCloud(if CloudOn == yes
then orl
else double.nan
, orh2,createColor(66,244,131), createColor(66,244,131));
# Begin Risk Algorithm
# First Breakout or Breakdown bars
def Bubbleloc1 = isNaN(close[-1]);
def BreakoutBar = if ORActive
then double.nan
else if !ORActive and c crosses above ORH2
then bar
else if !isNaN(BreakoutBar[1]) and c crosses ORH2
then BreakoutBar[1]
else BreakoutBar[1];
def ATR = if ORActive2
then Round((Average(TrueRange(h, c, l), nATR)) / TickSize(), 0) * TickSize()
else ATR[1];
def cond1 = if h > ORH2 and
h[1] <= ORH2
then Round((ORH2 + (ATR * AtrTargetMult)) / TickSize(), 0) * TickSize()
else cond1[1];
plot ORLriskUP = if bar >= OREndBar and !ORActive and today
then HighestAll(ORH2ext - 2)
else double.nan;
ORLriskUP.SetStyle(Curve.Long_Dash);
ORLriskUP.SetDefaultColor(Color.Green);
ORLriskUP.HideTitle();
def crossUpBar = if close crosses above ORH2
then bar
else double.nan;
AddChartBubble(bar == HighestAll(crossUpBar), ORLriskUP, "RiskON ORH", color.green, no);
plot ORLriskDN = if bar >= OREndBar and !ORActive and close < ORL
then HighestAll(ORL2ext + 2)
else double.nan;
ORLriskDN.SetStyle(Curve.Long_Dash);
ORLriskDN.SetDefaultColor(Color.Red);
ORLriskDN.HideTitle();
def crossDnBar = if close crosses below ORL2ext
then bar
else double.nan;
AddChartBubble(bar == HighestAll(crossDnBar), HighestAll(ORLriskDN), "Risk ON ORL", color.red, yes);
# High Targets
plot Htarget = if bar >= BreakoutBar
then cond1
else double.nan;
Htarget.SetPaintingStrategy(paintingStrategy.Squares);
Htarget.SetLineWeight(1);
Htarget.SetDefaultColor(Color.White);
Htarget.HideTitle();
AddChartBubble(BubbleLoc1, Htarget, "RO", color.white, if c > Htarget then no else yes);
def condHtarget2 = if c crosses above cond1
then Round((cond1 + (ATR * AtrTargetMult)) / TickSize(), 0) * TickSize()
else condHtarget2[1];
plot Htarget2 = if bar >= BreakoutBar
then condHtarget2
else double.nan;
Htarget2.SetPaintingStrategy(PaintingStrategy.Squares);
Htarget2.SetLineWeight(1);
Htarget2.SetDefaultColor(Color.Plum);
Htarget2.HideTitle();
AddChartBubble(BubbleLoc1, Htarget2, "2nd T", color.plum, if c > Htarget2
then no
else yes);
def condHtarget3 = if c crosses above condHtarget2
then Round((condHtarget2 + (ATR * AtrTargetMult)) / TickSize(), 0) * TickSize()
else condHtarget3[1];
plot Htarget3 = if bar >= BreakoutBar
then condHtarget3
else double.nan;
Htarget3.SetPaintingStrategy(PaintingStrategy.Squares);
Htarget3.SetLineWeight(1);
Htarget3.SetDefaultColor(Color.Plum);
Htarget3.HideTitle();
AddChartBubble(isNaN(C[-1]), Htarget3, "3rd T", color.plum, if c > Htarget3 then no else yes);
def condHtarget4 = if c crosses above condHtarget3
then Round((condHtarget3 + (ATR * AtrTargetMult)) / TickSize(), 0) * TickSize()
else condHtarget4[1];
plot Htarget4 = if bar >= HighestAll(BreakoutBar)
then condHtarget4
else double.nan;
Htarget4.SetPaintingStrategy(PaintingStrategy.Squares);
Htarget4.SetLineWeight(1);
Htarget4.SetDefaultColor(Color.Plum);
Htarget4.HideTitle();
AddChartBubble(BubbleLoc1, Htarget4, "4th T", color.plum, if c > Htarget4 then no else yes);
def condHtarget5 = if c crosses above condHtarget4
then Round((condHtarget4 + (ATR * AtrTargetMult)) / TickSize(), 0) * TickSize()
else condHtarget5[1];
plot Htarget5 = if bar >= BreakoutBar
then condHtarget5
else double.nan;
Htarget5.SetPaintingStrategy(PaintingStrategy.Squares);
Htarget5.SetLineWeight(1);
Htarget5.SetDefaultColor(Color.Plum);
Htarget5.HideTitle();
AddChartBubble(BubbleLoc1, Htarget5, "5th T", color.plum, if c > Htarget5 then no else yes);
# Low Targets
def cond2 = if L < ORL2 and
L[1] >= ORL2
then Round((ORL2 - (AtrTargetMult * ATR)) / TickSize(), 0) * TickSize()
else cond2[1];
plot Ltarget = if bar >= HighestAll(OREndBar)
then highestAll(if isNaN(c[-1])
then cond2
else double.nan)
else double.nan;
Ltarget.SetPaintingStrategy(PaintingStrategy.Squares);
Ltarget.SetLineWeight(1);
Ltarget.SetDefaultColor(Color.White);
Ltarget.HideTitle();
AddChartBubble(BubbleLoc1, cond2, "RO", color.white, if c < Ltarget
then yes
else no);
def condLtarget2 = if c crosses below cond2
then Round((cond2 - (AtrTargetMult * ATR)) / TickSize(), 0) * TickSize()
else condLtarget2[1];
plot Ltarget2 = if bar >= HighestAll(OREndBar)
then highestAll(if isNaN(c[-1])
then condLtarget2
else double.nan)
else double.nan;
Ltarget2.SetPaintingStrategy(PaintingStrategy.Squares);
Ltarget2.SetLineWeight(1);
Ltarget2.SetDefaultColor(Color.Plum);
Ltarget2.HideTitle();
AddChartBubble(BubbleLoc1, condLtarget2, "2nd T", color.plum, if c < condLtarget2
then yes
else no);
def condLtarget3 = if c crosses below condLtarget2
then Round((condLtarget2 - (AtrTargetMult * ATR)) / TickSize(), 0) * TickSize()
else condLtarget3[1];
plot Ltarget3 = if bar >= HighestAll(OREndBar)
then highestAll(if isNaN(c[-1])
then condLtarget3
else double.nan)
else double.nan;
Ltarget3.SetPaintingStrategy(PaintingStrategy.Squares);
Ltarget3.SetLineWeight(1);
Ltarget3.SetDefaultColor(Color.Plum);
Ltarget3.HideTitle();
AddChartBubble(BubbleLoc1, condLtarget3, "3rd T", color.plum, if c < Ltarget3
then yes
else no);
def condLtarget4 = if c crosses condLtarget3
then Round((condLtarget3 - (AtrTargetMult * ATR)) / TickSize(), 0) * TickSize()
else condLtarget4[1];
plot Ltarget4 = if bar >= HighestAll(OREndBar)
then highestAll(if isNaN(c[-1])
then condLtarget4
else double.nan)
else double.nan;
Ltarget4.SetPaintingStrategy(PaintingStrategy.Squares);
Ltarget4.SetLineWeight(1);
Ltarget4.SetDefaultColor(Color.Plum);
Ltarget4.HideTitle();
AddChartBubble(BubbleLoc1, condLtarget4, "4th T", color.plum, if c < Ltarget4
then yes
else no);
def condLtarget5 = if c crosses condLtarget4
then Round((condLtarget4 - (AtrTargetMult * ATR)) / TickSize(), 0) * TickSize()
else condLtarget5[1];
plot Ltarget5 = if bar >= HighestAll(OREndBar)
then highestAll(if isNaN(c[-1])
then condLtarget5
else double.nan)
else double.nan;
Ltarget5.SetPaintingStrategy(PaintingStrategy.Squares);
Ltarget5.SetLineWeight(1);
Ltarget5.SetDefaultColor(Color.Plum);
Ltarget5.HideTitle();
AddChartBubble(BubbleLoc1, condLtarget5, "5th T", color.plum, if c < Ltarget5
then yes
else no);
def last = if secondsTillTime(1600) == 0 and
secondsFromTime(1600) == 0
then c[1]
else last[1];
plot LastClose = if Today and last != 0
then last
else Double.NaN;
LastClose.SetPaintingStrategy(PaintingStrategy.Dashes);
LastClose.SetDefaultColor(Color.White);
LastClose.HideBubble();
LastClose.HideTitle();
AddChartBubble(SecondsTillTime(0930) == 0, LastClose, "PC", color.gray, yes);
alert(c crosses above ORH2, "", Alert.Bar, Sound.Bell);
alert(c crosses below ORL2, "", Alert.Bar, Sound.Ring);
# End Code ORB with Risk and targets
very good.Great job to whoever wrote this code. I am not trying to step on any toes here as this is not my code. I edited the ORBI code as follows and it appears to work great with the super trend. Not sure if I did this correctly though. I took code from 2 different places In this thread if i remember. You have to remember to go to the settings of the study and turn on the cloud, alert, and show today only if you are only viewing a "today" chart, then also go to the chart settings in TOS, under equities and adjust to hide or show closed times. I just have not jumped in and started to use it yet. I tried once or twice with $tsla and find it is hard to be quick, so I have to play with my time frames, 2-3 min vs 5 min vs 15 min.
declare Hide_On_Daily;
declare Once_per_bar;
input OrMeanS = 0930.0; #hint OrMeanS: Begin Mean Period. Usually Market Open EST.
input OrMeanE = 0935.0; #hint OrMeanE: End Mean period. Usually End of first bar.
input OrBegin = 0930.0; #hint OrBegin: Beginning for Period of Opening Range Breakout.
input OrEnd = 1000.0; #hint OrEnd: End of Period of Opening Range Breakout.
input CloudOn = no; #hint CloudOn: Clouds Opening Range.
input AlertOn = yes; #hint AlertOn: Alerts on cross of Opening Range.
input ShowTodayOnly = {"No", default "Yes"};
input nAtr = 4; #hint nATR: Lenght for the ATR Risk and Target Lines.
input AtrTargetMult = 2.0; #hint ATRmult: Multiplier for the ATR calculations.
def h = high;
def l = low;
def c = close;
def bar = barNumber();
def s = ShowTodayOnly;
def ORActive = if secondsTillTime(OrMeanE) > 0 and
secondsFromTime(OrMeanS) >= 0
then 1
else 0;
def today = if s == 0
or getDay() == getLastDay() and
secondsFromTime(OrMeanS) >= 0
then 1
else 0;
def ORHigh = if ORHigh[1] == 0
or ORActive[1] == 0 and
ORActive == 1
then h
else if ORActive and
h > ORHigh[1]
then h
else ORHigh[1];
def ORLow = if ORLow[1] == 0
or ORActive[1] == 0 and
ORActive == 1
then l
else if ORActive and
l < ORLow[1]
then l
else ORLow[1];
def ORWidth = ORHigh - ORLow;
def na = double.nan;
def ORHA = if ORActive
or today < 1
then na
else ORHigh;
def ORLA = if ORActive
or today < 1
then na
else ORLow;
def O = ORHA - Round(((ORHA - ORLA) / 2) / TickSize(), 0) * TickSize();
def ORActive2 = if secondsTillTime(OREnd) > 0 and
secondsFromTime(ORBegin) >= 0
then 1
else 0;
def ORHigh2 = if ORHigh2[1] == 0
or ORActive2[1] == 0 and
ORActive2 == 1
then h
else if ORActive2 and
h > ORHigh2[1]
then h
else ORHigh2[1];
def ORLow2 = if ORLow2[1] == 0
or ORActive2[1] == 0 and
ORActive2 == 1
then l
else if ORActive2 and
l < ORLow2[1]
then l
else ORLow2[1];
def ORWidth2 = ORHigh2 - ORLow2;
def TimeLine = if secondsTillTime(OREnd) == 0
then 1
else 0;
def ORmeanBar = if !ORActive and ORActive[1]
then barNumber()
else ORmeanBar[1];
def ORendBar = if !ORActive2 and ORActive2[1]
then barNumber()
else ORendBar[1];
def ORL = if (o == 0 , na, o);
plot ORLext = if barNumber() >= highestAll(ORmeanBar)
then HighestAll(if isNaN(c[-1])
then ORL[1]
else double.nan)
else double.nan;
ORLext.SetDefaultColor(color.Yellow);
ORLext.SetStyle(curve.Long_DASH);
ORLext.SetLineWeight(3);
ORLext.HideTitle();
def ORH2 = if ORActive2
or today < 1
then na
else ORHigh2;
plot ORH2ext = if barNumber() >= highestAll(ORendBar)
then HighestAll(if isNaN(c[-1])
then ORH2[1]
else double.nan)
else double.nan;
ORH2ext.SetDefaultColor(color.Green);
ORH2ext.SetStyle(curve.Long_DASH);
ORH2ext.SetLineWeight(3);
ORH2ext.HideTitle();
def ORL2 = if ORActive2
or today < 1
then na
else ORLow2;
plot ORL2ext = if barNumber() >= highestAll(ORendBar)
then HighestAll(if isNaN(c[-1])
then ORL2[1]
else double.nan)
else double.nan;
ORL2ext.SetDefaultColor(color.Red);
ORL2ext.SetStyle(curve.Long_DASH);
ORL2ext.SetLineWeight(3);
ORL2ext.HideTitle();
def RelDay = (ORL - ORL2) / (ORH2 - ORL2);
def dColor = if RelDay > .5
then 5
else if RelDay < .5
then 6
else 4;
def pos = (ORH2 - ORL2)/10;
plot d1 = if (TimeLine , ORH2, na);
plot d2 = if (TimeLine , ORH2 - ( pos * 2), na);
plot d3 = if (TimeLine , ORH2 - ( pos * 3), na);
plot d4 = if (TimeLine , ORH2 - ( pos * 4), na);
plot d5 = if (TimeLine , ORH2 - ( pos * 5), na);
plot d6 = if (TimeLine , ORH2 - ( pos * 6), na);
plot d7 = if (TimeLine , ORH2 - ( pos * 7), na);
plot d8 = if (TimeLine , ORH2 - ( pos * 8), na);
plot d9 = if (TimeLine , ORH2 - ( pos * 9), na);
plot d10 = if (TimeLine ,(ORL2), na);
d1.SetPaintingStrategy(PaintingStrategy.POINTS);
d2.SetPaintingStrategy(PaintingStrategy.POINTS);
d3.SetPaintingStrategy(PaintingStrategy.POINTS);
d4.SetPaintingStrategy(PaintingStrategy.POINTS);
d5.SetPaintingStrategy(PaintingStrategy.POINTS);
d6.SetPaintingStrategy(PaintingStrategy.POINTS);
d7.SetPaintingStrategy(PaintingStrategy.POINTS);
d8.SetPaintingStrategy(PaintingStrategy.POINTS);
d9.SetPaintingStrategy(PaintingStrategy.POINTS);
d10.SetPaintingStrategy(PaintingStrategy.POINTS);
d1.AssignValueColor(GetColor(Dcolor));
d2.AssignValueColor(GetColor(Dcolor));
d3.AssignValueColor(GetColor(Dcolor));
d4.AssignValueColor(GetColor(Dcolor));
d5.AssignValueColor(GetColor(Dcolor));
d6.AssignValueColor(GetColor(Dcolor));
d7.AssignValueColor(GetColor(Dcolor));
d8.AssignValueColor(GetColor(Dcolor));
d9.AssignValueColor(GetColor(Dcolor));
d10.AssignValueColor(GetColor(Dcolor));
d1.HideBubble();
d2.HideBubble();
d3.HideBubble();
d4.HideBubble();
d5.HideBubble();
d6.HideBubble();
d7.HideBubble();
d8.HideBubble();
d9.HideBubble();
d10.HideBubble();
d1.HideTitle();
d2.HideTitle();
d3.HideTitle();
d4.HideTitle();
d5.HideTitle();
d6.HideTitle();
d7.HideTitle();
d8.HideTitle();
d9.HideTitle();
d10.HideTitle();
addCloud(if CloudOn == yes
then orl
else double.nan
, orl2,createColor(244,83,66), createColor(244,83,66));
addCloud(if CloudOn == yes
then orl
else double.nan
, orh2,createColor(66,244,131), createColor(66,244,131));
# Begin Risk Algorithm
# First Breakout or Breakdown bars
def Bubbleloc1 = isNaN(close[-1]);
def BreakoutBar = if ORActive
then double.nan
else if !ORActive and c crosses above ORH2
then bar
else if !isNaN(BreakoutBar[1]) and c crosses ORH2
then BreakoutBar[1]
else BreakoutBar[1];
def ATR = if ORActive2
then Round((Average(TrueRange(h, c, l), nATR)) / TickSize(), 0) * TickSize()
else ATR[1];
def cond1 = if h > ORH2 and
h[1] <= ORH2
then Round((ORH2 + (ATR * AtrTargetMult)) / TickSize(), 0) * TickSize()
else cond1[1];
plot ORLriskUP = if bar >= OREndBar and !ORActive and today
then HighestAll(ORH2ext - 2)
else double.nan;
ORLriskUP.SetStyle(Curve.Long_Dash);
ORLriskUP.SetDefaultColor(Color.Green);
ORLriskUP.HideTitle();
def crossUpBar = if close crosses above ORH2
then bar
else double.nan;
AddChartBubble(bar == HighestAll(crossUpBar), ORLriskUP, "RiskON ORH", color.green, no);
plot ORLriskDN = if bar >= OREndBar and !ORActive and close < ORL
then HighestAll(ORL2ext + 2)
else double.nan;
ORLriskDN.SetStyle(Curve.Long_Dash);
ORLriskDN.SetDefaultColor(Color.Red);
ORLriskDN.HideTitle();
def crossDnBar = if close crosses below ORL2ext
then bar
else double.nan;
AddChartBubble(bar == HighestAll(crossDnBar), HighestAll(ORLriskDN), "Risk ON ORL", color.red, yes);
# High Targets
plot Htarget = if bar >= BreakoutBar
then cond1
else double.nan;
Htarget.SetPaintingStrategy(paintingStrategy.Squares);
Htarget.SetLineWeight(1);
Htarget.SetDefaultColor(Color.White);
Htarget.HideTitle();
AddChartBubble(BubbleLoc1, Htarget, "RO", color.white, if c > Htarget then no else yes);
def condHtarget2 = if c crosses above cond1
then Round((cond1 + (ATR * AtrTargetMult)) / TickSize(), 0) * TickSize()
else condHtarget2[1];
plot Htarget2 = if bar >= BreakoutBar
then condHtarget2
else double.nan;
Htarget2.SetPaintingStrategy(PaintingStrategy.Squares);
Htarget2.SetLineWeight(1);
Htarget2.SetDefaultColor(Color.Plum);
Htarget2.HideTitle();
AddChartBubble(BubbleLoc1, Htarget2, "2nd T", color.plum, if c > Htarget2
then no
else yes);
def condHtarget3 = if c crosses above condHtarget2
then Round((condHtarget2 + (ATR * AtrTargetMult)) / TickSize(), 0) * TickSize()
else condHtarget3[1];
plot Htarget3 = if bar >= BreakoutBar
then condHtarget3
else double.nan;
Htarget3.SetPaintingStrategy(PaintingStrategy.Squares);
Htarget3.SetLineWeight(1);
Htarget3.SetDefaultColor(Color.Plum);
Htarget3.HideTitle();
AddChartBubble(isNaN(C[-1]), Htarget3, "3rd T", color.plum, if c > Htarget3 then no else yes);
def condHtarget4 = if c crosses above condHtarget3
then Round((condHtarget3 + (ATR * AtrTargetMult)) / TickSize(), 0) * TickSize()
else condHtarget4[1];
plot Htarget4 = if bar >= HighestAll(BreakoutBar)
then condHtarget4
else double.nan;
Htarget4.SetPaintingStrategy(PaintingStrategy.Squares);
Htarget4.SetLineWeight(1);
Htarget4.SetDefaultColor(Color.Plum);
Htarget4.HideTitle();
AddChartBubble(BubbleLoc1, Htarget4, "4th T", color.plum, if c > Htarget4 then no else yes);
def condHtarget5 = if c crosses above condHtarget4
then Round((condHtarget4 + (ATR * AtrTargetMult)) / TickSize(), 0) * TickSize()
else condHtarget5[1];
plot Htarget5 = if bar >= BreakoutBar
then condHtarget5
else double.nan;
Htarget5.SetPaintingStrategy(PaintingStrategy.Squares);
Htarget5.SetLineWeight(1);
Htarget5.SetDefaultColor(Color.Plum);
Htarget5.HideTitle();
AddChartBubble(BubbleLoc1, Htarget5, "5th T", color.plum, if c > Htarget5 then no else yes);
# Low Targets
def cond2 = if L < ORL2 and
L[1] >= ORL2
then Round((ORL2 - (AtrTargetMult * ATR)) / TickSize(), 0) * TickSize()
else cond2[1];
plot Ltarget = if bar >= HighestAll(OREndBar)
then highestAll(if isNaN(c[-1])
then cond2
else double.nan)
else double.nan;
Ltarget.SetPaintingStrategy(PaintingStrategy.Squares);
Ltarget.SetLineWeight(1);
Ltarget.SetDefaultColor(Color.White);
Ltarget.HideTitle();
AddChartBubble(BubbleLoc1, cond2, "RO", color.white, if c < Ltarget
then yes
else no);
def condLtarget2 = if c crosses below cond2
then Round((cond2 - (AtrTargetMult * ATR)) / TickSize(), 0) * TickSize()
else condLtarget2[1];
plot Ltarget2 = if bar >= HighestAll(OREndBar)
then highestAll(if isNaN(c[-1])
then condLtarget2
else double.nan)
else double.nan;
Ltarget2.SetPaintingStrategy(PaintingStrategy.Squares);
Ltarget2.SetLineWeight(1);
Ltarget2.SetDefaultColor(Color.Plum);
Ltarget2.HideTitle();
AddChartBubble(BubbleLoc1, condLtarget2, "2nd T", color.plum, if c < condLtarget2
then yes
else no);
def condLtarget3 = if c crosses below condLtarget2
then Round((condLtarget2 - (AtrTargetMult * ATR)) / TickSize(), 0) * TickSize()
else condLtarget3[1];
plot Ltarget3 = if bar >= HighestAll(OREndBar)
then highestAll(if isNaN(c[-1])
then condLtarget3
else double.nan)
else double.nan;
Ltarget3.SetPaintingStrategy(PaintingStrategy.Squares);
Ltarget3.SetLineWeight(1);
Ltarget3.SetDefaultColor(Color.Plum);
Ltarget3.HideTitle();
AddChartBubble(BubbleLoc1, condLtarget3, "3rd T", color.plum, if c < Ltarget3
then yes
else no);
def condLtarget4 = if c crosses condLtarget3
then Round((condLtarget3 - (AtrTargetMult * ATR)) / TickSize(), 0) * TickSize()
else condLtarget4[1];
plot Ltarget4 = if bar >= HighestAll(OREndBar)
then highestAll(if isNaN(c[-1])
then condLtarget4
else double.nan)
else double.nan;
Ltarget4.SetPaintingStrategy(PaintingStrategy.Squares);
Ltarget4.SetLineWeight(1);
Ltarget4.SetDefaultColor(Color.Plum);
Ltarget4.HideTitle();
AddChartBubble(BubbleLoc1, condLtarget4, "4th T", color.plum, if c < Ltarget4
then yes
else no);
def condLtarget5 = if c crosses condLtarget4
then Round((condLtarget4 - (AtrTargetMult * ATR)) / TickSize(), 0) * TickSize()
else condLtarget5[1];
plot Ltarget5 = if bar >= HighestAll(OREndBar)
then highestAll(if isNaN(c[-1])
then condLtarget5
else double.nan)
else double.nan;
Ltarget5.SetPaintingStrategy(PaintingStrategy.Squares);
Ltarget5.SetLineWeight(1);
Ltarget5.SetDefaultColor(Color.Plum);
Ltarget5.HideTitle();
AddChartBubble(BubbleLoc1, condLtarget5, "5th T", color.plum, if c < Ltarget5
then yes
else no);
def last = if secondsTillTime(1600) == 0 and
secondsFromTime(1600) == 0
then c[1]
else last[1];
plot LastClose = if Today and last != 0
then last
else Double.NaN;
LastClose.SetPaintingStrategy(PaintingStrategy.Dashes);
LastClose.SetDefaultColor(Color.White);
LastClose.HideBubble();
LastClose.HideTitle();
AddChartBubble(SecondsTillTime(0930) == 0, LastClose, "PC", color.gray, yes);
alert(c crosses above ORH2, "", Alert.Bar, Sound.Bell);
alert(c crosses below ORL2, "", Alert.Bar, Sound.Ring);
# End Code ORB with Risk and targets
Sorry, It is part of the Supertrend that I added after reading the entire thread multiple times. Again.. Not my code. Using words like buy and sell made more since to me. This is a great community and hope I am not stepping on any toes.very good.
so you just merged supretrend with ORB, right?
what is that sell@ and buy@xx ? is that part of this script since does nto show up for me when I added to my TOS
# SuperTrend
# Mobius
# Chat Room Request
# 11.20.2019 tomsk Enhanced and adjusted bubbles with coloring and description tag
input AtrMult = 1.0;
input nATR = 4;
input AvgType = AverageType.HULL;
input PaintBars = yes;
input n = 0;
def n1 = n + 1;
def ATR = MovingAverage(AvgType, TrueRange(high, close, low), nATR);
def UP = HL2 + (AtrMult * ATR);
def DN = HL2 + (-AtrMult * ATR);
def ST = if close < ST[1] then UP else DN;
plot SuperTrend = ST;
SuperTrend.AssignValueColor(if close < ST then Color.RED else Color.GREEN);
AssignPriceColor(if PaintBars and close < ST
then Color.RED
else if PaintBars and close > ST
then Color.GREEN
else Color.CURRENT);
AddChartBubble(close[n] crosses below ST[n], low[n+1] + TickSize() * n, "Sell @ " + low[n1], color.Cyan, yes);
AddChartBubble(close[n] crosses above ST[n], high[n+1] - TickSize() * n, "Buy @ " + high[n1], color.Yellow, no);
def bullish = close crosses below ST;
def bearish = close crosses above ST;
# Alerts
Alert(bullish, " ", Alert.Bar, Sound.Chimes);
Alert(bearish, " ", Alert.Bar, Sound.Bell);
# End Code SuperTrend
Where is SuperTrend on this picture/chart?TSLA trying to cross the border going into Bull Zone but got hit with a resistance and fell back down. Supertrend came through.
@jdouglas2002 Link in the first post or you can use the Search feature.
#Calculate 5 min open range
def FirstMinute = if SecondsFromTime(0930) < 60 then 1 else 0;
def OpenRangeTime = if SecondsFromTime(0930) < 300 then 1 else 0;
def ORHigh = if FirstMinute then high else if OpenRangeTime and high > ORHigh[1] then high else ORHigh[1];
def ORLow = if FirstMinute then low else if OpenRangeTime and low < ORLow[1] then low else ORLow[1];
#Define yesterday's high / low
def Yhigh = high(period = "day" )[1];
def Ylow = low(period = "day" )[1];
#Define combined trend
def t60 = close > ExpAverage(close(period = "1 hour" ), 8);
def t15 = close > ExpAverage(close(period = "15 min" ), 8);
def t5 = close > ExpAverage(close(period = "5 min" ), 8);
def upTrend = t60 and t15 and t5;
def dnTrend = !t60 and !t15 and !t5;
#Define Signals
def ATR = WildersAverage(TrueRange(high, close, low), 14);
def bull = upTrend and close > (Max(ORHigh, Yhigh) + ATR / 2);
def bear = dnTrend and close < (Min(ORLow, Ylow) - ATR / 2);
def neut = !bull and !bear;
#Add Labels
AddLabel(bull, " Go ", Color.GREEN);
AddLabel(bear, " Go ", Color.PINK);
AddLabel(neut, " No-Go ", Color.LIGHT_GRAY);
#Sound an alert
Alert(bull[1] and !bull[2], GetSymbolPart() + " has gone bullish at $" + Round(close[1], 2), Alert.BAR, Sound.Bell);
Alert(bear[1] and !bear[2], GetSymbolPart() + " has gone bearish at $" + Round(close[1], 2), Alert.BAR, Sound.Bell);
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