OPEN-SOURCE SCRIPT
Mini_ORB
📊 Mini_ORB — Hourly Wick Scalping Zones
What it does:
Draws a box on the wick of the last closed hourly candle. Green candles → top wick zone. Red candles → bottom wick zone. Includes a dotted midline for precision entries.
The Edge:
Hourly wicks represent rejected price levels — areas where buyers/sellers stepped in aggressively. Price tends to:
• Respect these zones as entries or support/resistance on lower timeframes
• Retest the midline before continuation
• Sweep the zone before reversing (liquidity grab)
How to Scalp It:
1. Drop to 5m or 15m chart (box still shows from 1H data)
2. Wait for price to enter the wick zone
3. Look for reaction at the midline (dotted) or zone edges
4. Enter on confirmation (rejection wick, engulfing, divergence)
5. Target: opposite edge of box or next structure level
6. Stop: just beyond the zone
Best For:
• Intraday scalping (crypto, forex, futures)
• Mean reversion plays into rejected wicks
• Breakout confirmation when price clears the zone
• Combining with VWAP, ORB, or session levels
Pro Tip: Works best during active sessions (London/NY open). Avoid during low-volume chop — wicks mean less when nobody's trading.
What it does:
Draws a box on the wick of the last closed hourly candle. Green candles → top wick zone. Red candles → bottom wick zone. Includes a dotted midline for precision entries.
The Edge:
Hourly wicks represent rejected price levels — areas where buyers/sellers stepped in aggressively. Price tends to:
• Respect these zones as entries or support/resistance on lower timeframes
• Retest the midline before continuation
• Sweep the zone before reversing (liquidity grab)
How to Scalp It:
1. Drop to 5m or 15m chart (box still shows from 1H data)
2. Wait for price to enter the wick zone
3. Look for reaction at the midline (dotted) or zone edges
4. Enter on confirmation (rejection wick, engulfing, divergence)
5. Target: opposite edge of box or next structure level
6. Stop: just beyond the zone
Best For:
• Intraday scalping (crypto, forex, futures)
• Mean reversion plays into rejected wicks
• Breakout confirmation when price clears the zone
• Combining with VWAP, ORB, or session levels
Pro Tip: Works best during active sessions (London/NY open). Avoid during low-volume chop — wicks mean less when nobody's trading.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.