O.C. buy/sell by maliwru + TP & SL + Table

O.C. Buy/Sell + TP/SL + Table — by maliwru

This indicator detects trade entry signals based on the Opening Candle strategy using the first bar of the trading session.

🔍 Key Features:

Automatic session time detection (Saudi, US, or Custom)

Visual Buy/Sell signals

Auto-calculated and drawn Take Profit 1/2/3 and Stop Loss

SL can be set by % or points

Supports VWAP and EMA200 overlays

Real-time chart labels and lines

Trade summary table showing last 2 trades with TP/SL status

💡 Best for:

Intraday traders

Session range-based setups

Open range breakout strategies

📋 Customizable Settings:

Session time

Colors

Candle duration (in ms)

SL/TP modes and levels


📘 User Guide:
O.C. Buy/Sell + TP/SL + Table — by maliwru
Open Candle Session Breakout Indicator with Auto TP/SL and Trade Summary Table

🔎 What is this indicator?
This indicator detects high-probability Buy/Sell signals based on the first (Opening) candle of a trading session. It is built for intraday traders who want to capitalize on early session breakouts with predefined TP and SL levels, along with clear visual feedback.

🧠 How it works:
Opening Candle (O.C.):
At the start of the selected session (e.g. Saudi, US, or Custom), the first candle is marked as the reference or opening candle.

Signal Generation:

Buy signal is triggered when price breaks above the high of the opening candle.

Sell signal is triggered when price breaks below the low of the opening candle.

Take Profits & Stop Loss:

TP1, TP2, and TP3 are automatically plotted using customizable multipliers.

SL is calculated based on % risk, point distance, or a fixed method — all adjustable in settings.

Trade Summary Table:
The indicator displays the last 2 signals with:

Direction (Buy/Sell)

Entry Price

TP/SL levels

TP/SL hit status (real-time update)

⚙️ Settings Overview
Category Description
Session Type Choose between Saudi, US, or Custom. Automatically adjusts to session start times.
Custom Session Time If Custom is selected, manually set start hour & minute.
VWAP / EMA200 Toggle overlays for VWAP and EMA200 for confluence analysis.
SL Mode Select from % of entry, fixed points, or auto from O.C. range.
TP Multipliers Set levels for TP1, TP2, TP3 (e.g. 1.0x, 1.5x, 2.0x of O.C. range).
Colors & Style Customize candle colors, TP/SL lines, signal arrows, and table style.
Candle Duration (ms) Optional — for tick-based setups or special sessions.

✅ Benefits
🔄 Automatic session detection: Works out of the box for Saudi and US markets.

🎯 Precise entry logic: Based on real breakout of the first session candle.

📉 Risk management built-in: SL and TP levels auto-calculated.

📊 Visual clarity: Real-time labels, arrows, and TP/SL lines on chart.

📈 VWAP & EMA200 filters: Help avoid false breakouts.

📋 Compact trade summary: Table shows entry, outcome, and hit levels.

🔧 Fully customizable: Adjust almost every aspect to fit your strategy.

💡 Tips for Best Use
Use it on 5m to 30m charts for intraday setups.

Combine with volume spikes, VWAP, or EMA200 for confirmation.

Avoid trading during low liquidity or high-impact news releases.

Experiment with different TP/SL multipliers depending on market volatility.

Use table status to review recent trade performance at a glance.


📌 Example Workflow
Set session type = US Market

Wait for the first candle to complete after market open

If price breaks above candle high → Buy

If price breaks below candle low → Sell

SL and TP levels are drawn automatically

Track results in the live table