OPEN-SOURCE SCRIPT

Opening Range Breakout Lines

Updated
Disclaimer: Use proper risk management and remember that all trading involves risk.


Based on RicardoSantos' "Open Session Breakout Trader Strategy"

I turned it into a study and tweaked it for trading Silver[XAGUSD]

My goal when creating this was to help visualize breakout lines for multiple trading days at the same time without having to always draw them in.

Release Notes
Fixed a bug in the default settings where the lines did not update over Christmas day off
Release Notes
Make it easier to see where the bug happened. (white circle)
Average True Range (ATR)breakoutbreakoutsetupbreakouttrading

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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Disclaimer