Opening Range Breakout Indicator for ThinkorSwim

BenTen

BenTen

Administrative
Staff
VIP
@Vitesse Sure, in your indicator's setting there is an option called _OR end_ and it's set to _1000.0_. You can reduce or increase it.



For example, the default is 30 min breakout (market open at 9:30 EST). If you decrease the input to 945.0 then it becomes a 15 min opening range breakout. Hope that helps.

 
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San

New member
VIP
@BenTen,

How do I see Htarget/Ltarge line for last 10 days. ( Changed setting show today only option set NO)

 
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BenTen

BenTen

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@San I don't think you can do that at the moment.

 
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San

New member
VIP
BenTen,

Thanks for your reply, Is that possible when you find time can you make script for that one..

 
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BenTen

BenTen

Administrative
Staff
VIP
@john3 That's the Supertrend indicator. Already linked it in the original post above.

 
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jan_angel

New member
VIP
This is amazing study. Thank you so much for sharing.

 
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homestew

New member
VIP
Hi,

I'm wondering what it would take to get this converted so I can use it on a 15-min timeframe? thanks much for the writeup!

 
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BenTen

BenTen

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Staff
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@homestew Try this version here or change the ORBend time.

 
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agorena123

New member
I trade ORB and this is fantastic. I'm having the yellow, green and red dashed lines plot ahead of current day. I have the settings as you posted so not sure what may be going wrong.


 
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BenTen

BenTen

Administrative
Staff
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@agorena123 Since you have expansion on it might have been some sort of predicting feature. Im not sure.

 
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jimjam

New member
@pet76 what strategy do you go with pet76 ?

 
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agorena123

New member
@BenTen Yep it was the expansion - thanks! Again, great work here. Really gives me a better visual map to my favorite trading strategy.



Can you let me know the proper settings in the first four time fields to use for oil futures - /CL - and gold futures - /GC - as they have different opening times? Thanks!

 
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BenTen

BenTen

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@agorena123 I would love to help but unfortunately I don’t trade futures so I have no idea 😢

 
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Shaishen

New member
@agorena123 Not sure if you simply want to know RTH start for CL and GC?

If so you can adjust times in the code I assume

For example RTH (regular trading hours) or open outcry for CL is 9AM to 2:30 pm EST

Also in TOS with Extended TrdHrs on, shaded area will automatically adjust to open / close of the futures symbol you are entering.

Hope it helps.

.

 
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agorena123

New member
@Shaishen I adjusted the "or begin" and "or end" times and it looks right. Curious as to what the "or mean s" and "or mean e" inputs are for?

 
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agorena123

New member
@agorena123 actually that was not plotting right. I changed the other settings and looks better.

 
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thinky

Member
The indicator doesn't look like the image posted, what settings you using? I'd like to have the bullish/bearish zones, not just lines.

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The screenshot posted here ..

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BenTen

BenTen

Administrative
Staff
VIP
If you're looking for the green and red areas, in the Indicator's settings turn on the option Cloud @thinky
 
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thinky

Member
Got the clouds option working, but how can I change the transparency because is really hard to notice them (too transparent).
 
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