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Mind Your Trades

Mind Your Trades

MYT - ORB + Entries

Free
2 members

MYT - ORB + Entries

This indicator combines Opening Range Breakout levels with MYT-style entry logic based on failed breakouts, continuation moves, micro market structure, and trade management levels.

It automatically plots the Opening Range High and Low for the selected session and can display extension targets above and below the range. The script also includes optional volume profile blocks inside the opening range, target hit-rate statistics, and a dashboard to track how often price reaches each extension level.

The MYT entry logic identifies two main trade scenarios:

Failed Breakout → Back Inside ORB
Detects when price breaks outside the opening range, returns back inside, and confirms direction with a micro structure break.

ORB Breakout Continuation
Detects continuation opportunities when price breaks outside the opening range and confirms with micro structure in the breakout direction.

The indicator can plot optional trade management levels, including:

  • Entry line

  • Break-even line

  • Take-profit line

  • Stop-loss line

Stop-loss calculation can be configured in two ways:

  • Structure-based SL using the most recent micro swing high/low

  • Fixed tick-based SL using a user-defined tick distance

The script also includes a structure reset option after price returns inside the ORB, helping prevent old market structure from triggering new failed breakout entries.


Customer reviews
5.01 ratings
Top reviews
  • 2 months ago

    Really good Indicator i have been using it for 2 weeks now and its really gamechanging.

Mind Your Trades

MYT - ORB + Entries

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