INVITE-ONLY SCRIPT

Profile Edge Trading - Range Breakout

32
Opening Range Breakout (ORB) & Profile Confluence
The indicator is an all-in-one institutional trading system. It combines the volatility of the session open with the structural context of Market Profile (TPO) to identify high-probability breakout entries while filtering out "bull and bear traps."

What It Does
Most ORB strategies fail because they ignore where the market is trading relative to "Value." This indicator solves that by aligning the Opening Range (OR) with the Previous Day’s Value Area (VAH/VAL/POC).

It triggers Buy/Sell marks only when price breaks the opening range and aligns with the broader profile structure, ensuring you are trading with the institutional trend rather than against it.

Key Features
Smart ORB Signals: Automatic Buy/Sell marks based on Opening Range breakouts, filtered by volume and profile structure.

Dual Chart Modes: * Market Profile (TPO): View the historical distribution of price.

Hybrid Candlestick: Toggle to candlesticks for intraday execution while keeping the profile levels visible.

Profile Confluence Filter: Validates breakouts only if they occur relative to the Previous Day High (VAH), Low (VAL), or Point of Control (POC).

Visual Risk Management: Automatically plots Stop Loss (SL) and Take Profit (TP) levels on the chart the moment a signal triggers.

Customizable Reward: Adjust your desired Risk/Reward ratio (e.g., 1:2, 1:3) directly in the input settings.

Multi-Timeframe Logic: Use TPOs for structural context and candlesticks for precise entry timing.

How to Use
Define the Range: Set your Opening Range time (e.g., first 5, 15, or 30 minutes) in the settings.

Risk/Reward Ratio: Input your Reward Ration (e.g., 1.5, 2 )

For more: [youtu.be/WNP5aXIjxvE]

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.