Opening Range Breakout (ORB) Scanner for ThinkorSwim

netarchitech

netarchitech

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@netarchitech so, this is basically 6% above High bar plus 5% with limiter?
@dmillz Given the following code:

https://usethinkscript.com/threads/opening-range-breakout-orb-scanner-for-thinkorswim.68/post-626

And the explanation given here:

https://usethinkscript.com/threads/opening-range-breakout-orb-scanner-for-thinkorswim.68/post-843

Whereas the original 0.06 limited the range that was added/subtracted to the OpenRangeHigh/OpenRangeLow, the result sets could be rather large, so I added the "Limiter" to reduce the size of the result sets
Hope this helps...

Good Luck and Good Trading :)
 

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