Opening Range
The opening-range breakout run properly: the same range Session Map draws, a regime gate, width filters that refuse the days the trade doesn't belong on, and account guardrails built to stand down before your configured limits.
What it does
Trades the opening-range break on index futures, with the filters and the risk layer that decide whether the trade should be taken at all.
How it works
The range is the first N minutes after the regular-hours open, the same definition Session Map draws. A break is taken on a confirmed close beyond the range (a touch trigger is available).
Three gates sit in front of every entry: the Markov regime score, a minimum range width so tight ranges are skipped, and a maximum width so days where the stop would be unaffordable are skipped too. The stop is the opposite side of the range, an ATR multiple or a fraction of the range, with a tick floor; targets are R multiples with a partial and an optional move to breakeven.
Account guardrails
One contract by default. Switch to risk-based sizing and the position size comes from the stop distance and your risk budget; if one contract would exceed it, the trade is skipped rather than silently oversized.
A daily loss limit, a daily profit lock, an entry cap and a drawdown model (static, intraday-trailing or end-of-day-trailing; off by default, set it to your account’s rules) halt the strategy and can flatten an open trade. The panel shows the distance to the drawdown floor.
They are arithmetic on the numbers you enter, checked as bars close. Gaps and slippage can still carry a loss past a limit, and your firm’s own calculation is the one that counts.
Alerts
Orders carry the suite’s JSON payload as the alert message, so the webhook that reads the indicators reads these too.
Settings
Session · Regime engine · Session structure · Account guardrails · Entry · Exit · Display
Backtest properties
$100,000 initial capital, 1 contract, $2.25 per contract per side commission, 2 ticks of slippage, 10% margin, no pyramiding, orders filled on the close of the signal bar. Set commission and slippage to your own broker’s terms before drawing any conclusion.
Hypothetical performance. We publish no win rates, profit figures or backtest results. Anything a strategy shows in TradingView’s Strategy Tester is a hypothetical backtest, not a record of trading.
CFTC Rule 4.41Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.
The rest of the suite
6 scripts, one system: the same regime engine, panel and alert payload in each.