OPEN-SOURCE SCRIPT

15-Minute ORB by @RhinoTradez

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Overview
Hey traders, ready to jump on the morning breakout train? The 15-Minute ORB by Rhinotradez
is your go-to pal for rocking the Opening Range Breakout (ORB) scene, zeroing in on the first 15 minutes of the U.S. market day—9:30 to 9:45 AM Eastern Time. Picture this: sleek orange lines mark the high and low of that opening rush, but they only hang out during regular trading hours (9:30 AM-4:00 PM ET) and reset fresh each day—no old baggage here! Built in Pine Script v6 for that cutting-edge feel, it’s loaded with breakout signals and alerts to keep your trading game strong—ideal for SPY, QQQ, or any ticker you love.

Crafted by Rhinotradez
to fuel your daily grind—let’s hit those breakouts running!

What It Does
The ORB strategy is all about that early market spark: the 9:30-9:45 AM range sets the battlefield, and breakouts signal the charge. Here’s the rundown:

  • Captures the Range: Snags the high and low from the 9:30-9:45 AM ET candle—U.S. market kickoff, locked in.
  • Daily Refresh: Wipes yesterday’s lines at 9:30 AM ET each day—today’s all that matters.
  • Regular Hours Focus: Orange lines shine from 9:45 AM to 4:00 PM ET, vanishing outside those hours.
  • Breakout Signals: Green triangles for upside breaks, red for downside, all within regular hours.
  • Alerts You: Chimes in with “Price broke above 15-min ORB High: 597” (or below the low) when the move hits.


It’s your morning breakout blueprint—simple, focused, and trader-ready.

Functionality Breakdown:

  • 15-Minute ORB Snap:
    Locks the high and low of the 9:30-9:45 AM ET candle on a 15-minute chart (EST/EDT auto-adjusted).
    Resets daily at 9:30 AM ET—yesterday’s range is outta here.
  • Regular Hours Only:
    Lines glow from 9:45 AM to 4:00 PM ET, keeping pre-market and after-hours clean.
  • Breakout Flags:
    Marks price busting above the ORB high (green triangle below bar) or below the low (red triangle above), only during 9:30 AM-4:00 PM.
  • Alert Action:
    Drops a custom alert with the breakout price (e.g., “Price broke below 15-min ORB Low: 594”)—stay in the know, hands-free.


Customization Options
Keep it chill with one slick tweak:
  • ORB Line Color: Starts at orange—vibrant and trader-cool! Flip it to blue, purple, or any shade you dig in the settings. Make it yours.


How to Use It
  1. Pop It On: Add it to a 15-minute chart—SPY, QQQ, or your hot pick works like a dream.
  2. Time It Right: Set your chart to “America/New_York” time (Chart Settings > Time Zone) to sync with 9:30 AM ET.
  3. Choose Your Color: Dive into the indicator settings and pick your ORB line color—orange kicks it off, but you’re in charge.
  4. Set Alerts: Right-click the indicator, add an alert with “Any alert() function call,” and catch breakouts live.
  5. Ride the Wave: Green triangle? Upward vibe. Red? Downside alert. Mix with volume or candles for extra punch.


Pro Tips
  • 15-Minute Only: Tailored for that 9:30-9:45 AM ET candle—other timeframes won’t sync up.
  • Daily Reset: Lines refresh at 9:30 AM ET—always today’s play.
  • Breakout Boost: High volume or RSI can seal the deal on those triangle signals.
  • No Clutter: Lines stick to 9:30 AM-4:00 PM ET—your chart stays tidy.


Brought to you by Rhinotradez
in Pine Script v6, this ORB script’s your morning breakout wingman. Slap it on, pick a color, and let’s chase those moves together! Happy trading!

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