QuantCrawler 5m ORB Pro - Opening Range with Confluence Filters

This indicator captures the 5-minute Opening Range and generates entry signals using a breakout-then-retest methodology. It includes optional confluence filters to refine entries and reduce false signals.

HOW IT WORKS

1. Captures the 5-minute Opening Range (high, low, midpoint) at your selected session open
2. Waits for price to break beyond OR high or low by your defined distance
3. After breakout, monitors for price to retest the OR midpoint
4. Signals LONG after bullish breakout + midpoint retest
5. Signals SHORT after bearish breakout + midpoint retest
6. Marks invalidated signals with (X) if price breaks through the opposite side

PRE-CONFIGURED SESSIONS

- NYSE - 9:30-9:35 ET
- CME - 8:30-8:35 CT
- London - 3:00-3:05 ET
- Asia - 7:00-7:05 PM ET
- Custom - Define your own session times and timezone

BREAKOUT DISTANCE OPTIONS

Choose between fixed points or percentage-based breakout threshold. Percentage mode automatically scales to the instrument price.

CONFLUENCE FILTERS

Optional filters to add confirmation before signals fire:
- VWAP - Long requires price above VWAP, short requires below
- EMA Slope - Confirms trend direction using 20-period EMA
- Volume - Requires relative volume above 1.5x average
- FVG - Requires a Fair Value Gap supporting trade direction
- ATR - Filters Opening Ranges that are abnormally small or large relative to ATR

When filters block a valid setup, the indicator displays a BLOCKED label so you can see what you missed and why.

STATUS BOX

Real-time display showing:
- Current trade state (Building OR, Watching, Awaiting Retest, Long/Short Active)
- OR High, Low, and Midpoint levels
- Active filters and block reasons

ALERTS

Built-in alerts for Long Entry, Short Entry, or Any Entry.