🔔 Open Range Breakout Pro – Dashed Line Fixed

Open Range Breakout Pro – Midpoint + Alerts

This advanced indicator captures the first 5-minute open range after the session begins and unlocks powerful intraday levels based on that structure. It’s ideal for traders looking to trade range breakouts, mean reversion, or high-volume trend confirmations.

🔍 What it does:

Locks in the first 5-min candle high/low after market open

Plots the upside and downside targets

Dynamically shows the range midpoint

Optional extension levels at 1.5x and 2x the opening range

Highlights breakouts with conditional background colors

Includes volume confirmation toggle to filter weak moves

Auto-resets daily for clean reinitialization

Compatible with stocks, futures, and crypto

🛎️ Built-in Alerts:

📈 Price crosses above high

📉 Price crosses below low

🔁 Price returns into the range

📦 Fully customizable and optimized for both discretionary and alert-based trading systems.