Friday, July 24, 2020

Opening Range Breakout ORB Strategy AFL MTF



This AFL give the signal, if the first candle high or low break. Everyone use Timenum for getting opening Range High and Low, But i use Barindex. So it is a simple code, to scan any Time Frame. You can use for 3min, 5min, 10min, 15min, 30min, 1hour.. It scan as per Periodicity setting.

ORB I give signal one time per day, either buy or sell.
ORB II give one buy signal and one signal, if break both high and low.





ORB HTF

This AFL give ORB of higher timeframe from current timeframe. So it is useful add indicators in lower timeframe. Set Opening Range time in parameter.