CD_Opening_Range_V1 Strategy
Plain 5 min Opening Range breakout. Exits are up to you.
//@version=2
//Created by CristianD
strategy(title="CD_Opening_Range_V1", shorttitle="CD_Opening Range Strategy", overlay=true)
Newbar(res) => change(time(res)) != 0
High = valuewhen(Newbar('D'),high,0)
Low = valuewhen(Newbar('D'),low,0)
Long = close>High and open<=High
if (Long)
strategy.entry("Long", strategy.long)
strategy.exit("Close Long", "Long", trail_points=100, trail_offset=50)
Short = close <Low and open>=Low
if (Short)
strategy.entry("Short", strategy.short)
strategy.exit("Close Short","Short",trail_points=100, trail_offset=50)