Build an Opening Range Breakout Indicator for ThinkOrSwim in 36 Minutes

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  • Опубліковано 22 гру 2024

КОМЕНТАРІ • 49

  • @TheWinghochui
    @TheWinghochui Рік тому +4

    Thanks for your useful sharing and the detailed explanation of how to write this script!

  • @michaelaobrien3508
    @michaelaobrien3508 8 місяців тому +2

    So much respect. For both your coding expertise and your verbal and pedagogical talent.

    • @TOSIndicators
      @TOSIndicators  8 місяців тому +2

      Thank you for those kind words... I appreciate it!

  • @sjsphotog
    @sjsphotog 4 місяці тому +1

    Dude you rock! Great voice, sxript coding, clarity, production value, and passion. Top Notch TOSI! Keep it up. Thanks for all you do for us investors/traders.

    • @TOSIndicators
      @TOSIndicators  4 місяці тому +1

      Thank you! Appreciate the kind words :)

  • @avidtreecare
    @avidtreecare 2 роки тому +6

    @Tos Indicators Thank you for taking the time to walk us through the code, this is a very useful indicator in my opinion keep up the great work.

    • @TOSIndicators
      @TOSIndicators  2 роки тому +1

      My pleasure, and I appreciate the kind words!

  • @robb7148
    @robb7148 Рік тому +2

    Aside from the indicator lots of thinkscript stuff clicked for me. Thanks!

  • @roylee3792
    @roylee3792 Рік тому +2

    Great video and indicator, Thanks. And for going through the process of how you made it.

  • @ebros2112
    @ebros2112 2 місяці тому

    Great Video. One question... that I have been searching for answers on for a while. Do you know if this could be modified to capture the open, and then every hour and the hour? so 9:30 open, then 10,11,etc until close? And a further question to this... Also could it be coded to remove the previous hour when applying the new hours lines?

    • @TOSIndicators
      @TOSIndicators  2 місяці тому

      You would need to introduce a carry variable to accomplish something like that.

  • @darckfire
    @darckfire 2 роки тому +5

    This is absolutely terrific . Thanks.

  • @k2icc
    @k2icc 2 роки тому +1

    Line weight not line width. Great tutorial. thanks.

  • @funnymantony
    @funnymantony 2 роки тому +1

    Another great video. Is there a way to grey cloud the 15-minute high low for the duration of the chart? Thank you!

  • @mikeydmalden
    @mikeydmalden 5 місяців тому

    Is there a way to lock this range, so that its always based on a specific time plot? For instance, If i wanted to see the 1 minute opening range consistently across the 3 minute, 5 minute, or 15 minute? I dont want the range to change just because i changed my time view.

    • @TOSIndicators
      @TOSIndicators  5 місяців тому +1

      This is not possible in TOS -- you can only access data from aggregation periods of the same length or greater (ie. 1-minute data is not available on a 3-minute chart).

  • @steveemery2178
    @steveemery2178 Рік тому +1

    I got Opening Range Breakout Indicator for TOS downloaded and I love it! I was wondering if the is a way to automatically set an alert for price right before the breakout price. That would be gold to me! I appreciate ya. Thanks

    • @TOSIndicators
      @TOSIndicators  Рік тому +1

      Hi Steve - you can use the Alert function to add in alerts at the breakout prices for the long / short entries.
      Alert Documentation: tlc.thinkorswim.com/center/reference/thinkScript/Functions/Others/Alert

    • @steveemery2178
      @steveemery2178 Рік тому +1

      @@TOSIndicators thank you so much for your reply. I will check this out for use.

  • @mikeydmalden
    @mikeydmalden 5 місяців тому

    great video. fun to code this. Is there a way to modify it for the 30 seconds opening range?

    • @TOSIndicators
      @TOSIndicators  5 місяців тому +1

      Seconds isn't (currently) an available aggregation period option in TOS.

  • @bfrmotors
    @bfrmotors 5 місяців тому

    Hello, it is not working for me because shows an error in the first line….input entryType = (default wickTouch, closeAbove);……. Could you help me with that?

    • @TOSIndicators
      @TOSIndicators  5 місяців тому

      You can download the final code for the ORB indicator from our website, and compare with your version to see where you might be facing issues. Seems like you have extra parenthesis brackets.

  • @robertodonan197
    @robertodonan197 4 місяці тому

    Are you able to just share the TOS shareable link without downloading it through the website it won’t allow me to download

    • @TOSIndicators
      @TOSIndicators  4 місяці тому

      Hi Roberto - If you need help importing the an indicator into ThinkOrSwim, here's a step by step guide that should help you:
      tosindicators.com/thinkscript/how-to-import-thinkorswim

  • @bonecrusher2986
    @bonecrusher2986 Рік тому

    tried to add this to my thinkorswim. Error after Error. No such variable. Ugh. Would have liked to have this one.

    • @TOSIndicators
      @TOSIndicators  Рік тому

      Hi Bonecrusher - you can download the indicator for free from our website and compare with your version to see where you may have typos. Download link is in the description box.

    • @bonecrusher2986
      @bonecrusher2986 Рік тому

      Ok. I see my error. Thank you very much for the response.

  • @jimjack22
    @jimjack22 2 роки тому +2

    excellent thank you

  • @technow4514
    @technow4514 2 роки тому +3

    Thanks 🙏🏻

  • @jasontaylor2237
    @jasontaylor2237 Рік тому

    @tos indicators hello good script here. however everytime i attempt to download i get some type of rejection error. Please advise. thanks

    • @TOSIndicators
      @TOSIndicators  Рік тому

      Hi Jason - Thanks! If you need help importing the ORB indicator into ThinkOrSwim, here's a step by step guide that should help you: tosindicators.com/thinkscript/how-to-import-thinkorswim

    • @jasontaylor2237
      @jasontaylor2237 Рік тому

      @@TOSIndicators thanks for the reply. Question, do you perhaps do any consulting ? I have a strategy that I run but not sure about how to go about backtesting it. If not no problem just thought I'd ask. thanks

    • @TOSIndicators
      @TOSIndicators  Рік тому

      Hi Jason - Not consulting per se, but we do take on custom projects from time to time, depending on the requirements on the project. If you have a strategy, send us an email at contact@tosindicators.com and we can evaluate to see if a) it's something feasible to build inside of TOS and b) if so, what the cost and timeline is to build that particular idea.

  • @chirocafe
    @chirocafe 2 роки тому +3

    Good one ☝️

  • @youngchris2430
    @youngchris2430 2 роки тому +1

    Thank you man

  • @jakegrace108
    @jakegrace108 Рік тому

    Hi shared link wont work...?

    • @TOSIndicators
      @TOSIndicators  Рік тому

      Hi Jake, You can download the indicator from our website here: www.tosindicators.com/indicators/opening-range-breakout

  • @jjpops619
    @jjpops619 Рік тому +1

    Thanks for the great video. May I suggest to lower background music, or off completely. It is quite distracting. No hate here, just suggesting so I can focus more of what you're saying ✌🏼😊

    • @TOSIndicators
      @TOSIndicators  Рік тому

      Thanks for the suggestion! Already removed the background music in the more recent videos so it's easy to hear / follow along :)

  • @alkeshshah1777
    @alkeshshah1777 Рік тому

    UNBELIVABLE YOU DID BOSS CAN YOU PLS MAKE A VIDEO FOR PREMARKET BREAKOUT SCAN PLEASE

  • @SimplyJavierrr
    @SimplyJavierrr 2 роки тому

    to add an alert i am having trouble adding the alerts for entryhighextension and midrange plots i got this so far but i cant get it right thank you for this video i enjoyed learning i got this so far def SoundAlert = TradeEntryHighExtension crosses above tradeentryrange

    • @TOSIndicators
      @TOSIndicators  2 роки тому +1

      Hi Javier - I would use the Alert function, and tie the variables you've created to that: tlc.thinkorswim.com/center/reference/thinkScript/Functions/Others/Alert