Advanced ORB [MOT]

📈 Advanced ORB [MOT] – Multi-Session Opening Range Breakout System
The Advanced ORB [MOT] indicator is a professional-grade tool designed to help intraday and futures traders identify high-probability breakout and reversal zones across multiple global trading sessions.

Unlike standard ORB tools that only cover the NY open, this script includes 10 proprietary, backtested session times, as well as support for 3 fully customizable user-defined sessions. Built-in signal detection and a higher-timeframe confluence engine make this a full-featured ORB solution for scalping, day trading, and momentum-based setups.

🔍 Core Features
✅ 10 Predefined ORB Sessions
This indicator includes 10 battle-tested ORB sessions derived from institutional market behavior — including:

New York AM session (e.g., 9:30–9:45 AM)
New York PM session (e.g., 3:30–3:45 PM)
Global sessions such as London AM and others

(The exact timing of proprietary sessions is not disclosed here to protect edge and backtest integrity.)

✅ Enable Multiple Sessions Simultaneously
You can plot multiple sessions on the same chart — each with its own range, labels, and signals. This is made possible through optimized array logic, giving traders a comprehensive view of overlapping session breakouts.

📷 Picture of Chart Showing AM and PM ORB Session Overlays

🎯 Signal Engine
🔷 3-Bar Breakout Signals
Detects structured price breakouts over 3 candles — including confirmation volume and breakout direction. Ideal for catching early momentum out of the ORB.

🔁 Reversal Signals
Identifies false breakouts and traps around ORB highs and lows. Triggers when price breaks out, then closes back inside the range with volume confirmation — perfect for fade setups and mean reversion traders.

🚀 Continuation Breakouts
Fires when price cleanly breaks out and pushes further with strong momentum. Uses a configurable breakout buffer and volume filter to prevent weak or failed breakouts.

📷 Picture of Chart Showing Buy and Sell Signals

🧠 HTF Confluence Engine – 3-Bar Pattern Projection
Detects 3-bar inside bar patterns on a higher timeframe (default is 15m) and plots dotted projection lines at the breakout level. These serve as strong confluence zones when they align with a lower timeframe ORB setup.

Green dotted lines = Bullish breakout threshold from HTF
Red dotted lines = Bearish breakdown threshold from HTF

📷 Picture of Chart Showing 3 Bar Projection Lines

⚙️ Customization & Visuals

Customize line colors, line width, and label appearance
Show/hide midlines and price labels per session
Use the breakout buffer input to add breakout buffer logic to signals
Works across timeframes, though optimized for 1-minute charts

📷 Picture of Chart with Customization Settings

🔔 Alerts

Built-in alert conditions for:
✅ 3-Bar Breakouts
🔁 Reversal Triggers
🚀 Continuation Breakouts

These fire on any active session and are ideal for live trading or integration with platforms like TradersPost, 3Commas, or webhook automation.

📷 Picture of Chart with Alert Settings

📌 Usage Notes

Script works best on indexes or stocks with clear market open behavior (e.g., SPY, QQQ, AAPL, TSLA)
Also effective for futures traders who follow index-driven setups (e.g., NQ, ES, MNQ) — even though the gaps themselves appear on index charts
Signals are volume-confirmed, but users can disable or combine logic using the built-in toggles
All ORB sessions operate independently and can be enabled/disabled individually
Chart layout is designed for visual clarity in both real-time and backtesting environments

⚠️ Disclaimer
This script is for educational and informational purposes only. It does not constitute financial advice or a recommendation to buy or sell any security. Always conduct your own research and trade at your own risk. The creators are not responsible for any financial losses incurred.