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FS - Opening Range Breakout v0.1

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Protected script.This script is published closed-source: you may use it freely, and FloCharts runs it from the author's compiled program, but the source stays with the author. Nothing on this page, and nothing in your chart, carries the code.

FS - Opening Range Breakout v0.1, FloSignals' own script, written directly in FloScript and running in your chart's worker. Draws the opening range, and on a break marks the entry, stop and R-multiple target, with optional ATR and relative-volume filters.

An ANNOTATION TOOL, not a signal. FloSignals backtested two opening-range variants on ten years of NQ 1-minute data and both landed on their breakeven win rate, losing the commission: a 30m longs-only 1R model at -$2.50 a trade (50.8% win against a 50.0% breakeven) and a 15m both-ways 0.5R model at -$1.09 a trade (66.6% against 66.7%). The win rate of any model in this family is set by its target size, not by its edge. The two filters are untested and ship switched off.

Educational tooling only: not financial advice; no profit guarantee.

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