Passive Pip Hunter ORB Indicator
- インディケータ
- バージョン: 1.0
- アクティベーション: 10
Full description
TPPH ORB Indicator marks the opening range for the enabled Asia, London, and New York sessions. Each session has its own start time and range colour. The range timeframe is configurable independently of the chart timeframe, so you can view a selected M15 or M30 opening range on a lower timeframe such as M1.
After the opening range is formed, the indicator can mark the first confirmed breakout when a chart candle closes outside the range. Optional potential entry, stop-loss, and target levels are calculated from the breakout and the configured risk/reward ratio. Confirmation arrows and trade-plan levels can be switched on or off.
Session start and signal cutoff times use broker/server time. Set them to match your broker's session schedule and daylight-saving changes. The indicator displays information on the chart; it does not place trades.
Key features
- Independent Asia, London, and New York sessions
- Configurable opening-range timeframe
- Session-specific range box colours
- Breakout confirmation based on a candle close outside the range
- Optional confirmation arrows
- Optional potential entry, stop-loss, and target levels
- Adjustable risk/reward ratio and stop buffer
- Configurable number of historical sessions to display
- Alerts and chart title can be toggled
