OPEN-SOURCE SCRIPT
ORBIT
🚀 Sndey ORBIT Strategy
(ORB Intraday Tactic for Indian Markets — 5-min Compatible)
by sndey
🔹 Overview
Sndey ORBIT is a 5-minute Opening Range Breakout (ORB) intraday strategy tailored for the Indian stock market (NSE/BSE). It captures early market momentum with synced Stoploss, Profit Target, and optional Trailing Stoploss, making it ideal for disciplined intraday traders.
🔹 Why “ORBIT”?
ORBIT stands for:
Opening
Range
Breakout
Intraday
Tactic
Like a rocket breaking past gravity, this strategy aims to catch strong price moves that escape the morning consolidation range.
🔹 How It Works
Timeframe: Optimized for 5-minute charts
ORB Range: 9:15–9:30 AM IST (first 15 mins of Indian market)
Entry:
🔼 Buy: Breakout above ORB High
🔽 Sell: Breakdown below ORB Low
Exit:
On hitting Stoploss, Target, or Trailing SL
Fully automated trade reset logic
🔹 Features
✅ Auto-calculated SL & TP based on user-defined Risk %
✅ Optional Trailing Stoploss
✅ Smart daily reset
✅ Visual plots for ORB High/Low, SL, TP
✅ Clear Buy/Sell/Exit signals
✅ Alert-ready for automation or manual execution
🔹 Notes
Designed for Indian traders (works best on NSE/BSE equities and indices like NIFTY, BANKNIFTY)
Use with liquid instruments for reliable breakout behavior
Meant for intraday use only
📌 Important
Test thoroughly using TradingView’s strategy tester and paper trading before deploying with real capital. Adjust Risk % according to your personal risk profile.
Built with precision. Traded with discipline.
Happy Trading!
– sndey
(ORB Intraday Tactic for Indian Markets — 5-min Compatible)
by sndey
🔹 Overview
Sndey ORBIT is a 5-minute Opening Range Breakout (ORB) intraday strategy tailored for the Indian stock market (NSE/BSE). It captures early market momentum with synced Stoploss, Profit Target, and optional Trailing Stoploss, making it ideal for disciplined intraday traders.
🔹 Why “ORBIT”?
ORBIT stands for:
Opening
Range
Breakout
Intraday
Tactic
Like a rocket breaking past gravity, this strategy aims to catch strong price moves that escape the morning consolidation range.
🔹 How It Works
Timeframe: Optimized for 5-minute charts
ORB Range: 9:15–9:30 AM IST (first 15 mins of Indian market)
Entry:
🔼 Buy: Breakout above ORB High
🔽 Sell: Breakdown below ORB Low
Exit:
On hitting Stoploss, Target, or Trailing SL
Fully automated trade reset logic
🔹 Features
✅ Auto-calculated SL & TP based on user-defined Risk %
✅ Optional Trailing Stoploss
✅ Smart daily reset
✅ Visual plots for ORB High/Low, SL, TP
✅ Clear Buy/Sell/Exit signals
✅ Alert-ready for automation or manual execution
🔹 Notes
Designed for Indian traders (works best on NSE/BSE equities and indices like NIFTY, BANKNIFTY)
Use with liquid instruments for reliable breakout behavior
Meant for intraday use only
📌 Important
Test thoroughly using TradingView’s strategy tester and paper trading before deploying with real capital. Adjust Risk % according to your personal risk profile.
Built with precision. Traded with discipline.
Happy Trading!
– sndey
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.