Opening Range Breakout Strategy with Market Volatility for ThinkorSwim

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@Vision Did you add the code as an indicator or a strategy? You're supposed to add it as a strategy if you haven't already.
 
@BenTen I understand we cant avoid all fake break outs but is there any tips on how we can spot some of them with this indicator? Or is there another indicator we can use in combination with this indicator that will help with the fake outs? Thank you.
 
@Rich Read an article that mentioned ORB doesn't work like it used to anymore. I don't see much usefulness now, prefer a few basic indicators.

If you are daytrading keep trying other indicators, is just a lot of risk and you go against the pros.
 
@thinky @Rich The ORB was created via a book by a gent named Crabel. Use the version posted in this forum.
I know pros that use it yet. It still works like a charm using RSI Laguerre with FE and TMO together on a 5 minute and 30 minute chart grid..
Need to be real fast with Risk on / Risk off as I've read.

However, this is @BenTen 's area of expertise, I defer to him.
 
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