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  • opening range initial balance indicator for thinkorswim

    Initial Balance & Opening Range Breakout / ORB Levels Indicator with Scanner

    $69.99

    Initial Balance & Opening Range Breakout / ORB Levels Indicator with Scanner

    $69.99

    This new Thinkscript study automatically plots the Opening Range breakout levels, sometimes called the Initial Balance levels, on your chart each morning in ThinkOrSwim. The Initial Balance levels are usually considered to be the first hour’s high and low, and by default that’s what this indicator comes set with. This package lets you scan for and analyze opening range breakouts on any timeframe.

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