ORB PRO + FILTERS (elwinpoedeklapopsnoede) — Strategy by hlonderneming
By hlonderneming
Performance Metrics
- Author: hlonderneming
- Symbol: BITSTAMP:BTCUSD
- Timeframe: 15 minutes
- Net P&L: −1,908.00 USD (−0.19%)
- Win Rate: 59.3%
- Profit Factor: 0.96
- Max Drawdown: 11,819.00 USD (1.18%)
- Total Trades: 312
Description
Short and simple:👉 This Pine script trades an Opening Range Breakout with filters.What it does:Determines the range between 07:00–08:00 (highest and lowest price)Waits until the US session (14:00–23:00 NL time) beginsGoes long if price breaks above the rangeGoes short if price breaks below the rangeOnly trades in the direction of the trend (EMA 50)Risk management:Stop loss = opposite side of the rangeTake profit = 1:1 risk/reward (close 50%)It lets the rest run with a trailing stop (ATR + range based)👉 Briefly summarized:You only trade strong breakouts of the morning range, with a trend filter and smart risk management.