TradingView Indicator
Morning Range Breakout v5
Maps the main range, ORB, weekly levels, and pivot automatically, then flags breakout/retest, support bounce, and resistance rejection setups in real time.
What It Does
- ✓ Market presets for Stocks, Futures, Crypto, or Custom sessions
- ✓ Main range high/low/mid with optional shading and history controls
- ✓ BREAK / RETEST main signals with optional 2-candle confirmation + cooldown
- ✓ SUP BUY / RES SELL arrows with wick-rejection and optional volume filter
- ✓ Opening Range (first 15m) levels + breakout modes: Aggressive, Confirmed, Retest Hold
- ✓ Weekly high/low, previous week high/low, and daily pivot auto-plotted
- ✓ Percent or ATR buffer logic and full alert support
Invite-only script. Request access via neonlabshub.com/reddit.
How To Trade v5
1
Trend Day: let price break the main range or OR level, then wait for retest confirmation. Enter on confirmation and manage risk just outside the failed side.
2
Range Day: use RES SELL near PM/weekly highs and SUP BUY near PM/weekly lows when rejection confirms. Target midpoint first, then opposite edge.
3
Execution Window: default retest window is 10:00–16:00 ET, with optional early 9:30–10:00 retests enabled in settings.
4
Signal Quality: tune buffers with Percent/ATR mode, use cooldowns to reduce over-signaling, and enable volume filters when you want stricter confirmations.
Recent Updates
v5
Expanded market presets, smarter breakout/retest logic, main range midpoint support, and improved bounce/rejection controls.
+OR
Added OR High/Low plotting and opening range breakout options for the first 15 minutes.
Fix
Previous weekly level handling updated.
New
Trading profiles added.
Examples
Also Included
+
Regime Dashboard is included with the Morning Range Indicator bundle (also accessible with ELITE / HUB subscription). Use it to quickly read ticker state, market state, and HI/LOW volume before entries.
