OPEN RANGE BREAKOUT STRATEGY PINE

LONG ENTRY LOGIC : Mark High-low range of a candle (first candle of the day or any other), Buy when high of the candle breaks
LONG EXIT LOGIC : When Target/SL is trigger or at reversal 
SHORT ENTRY LOGIC : Mark High-low range of a candle (first candle of the day or any other), Short when low of the candle breaks
SHORT EXIT LOGIC : When Target/SL is trigger or at reversal 

Parameters in the strategy (editable by user )
ORB STAR TIME : 
ORB END TIME
ORB TYPE : HIGH-LOW / OPEN-CLOSE / OPEN
TARGET (IN Points and percentage and Risk) : Target 1 and Target 2
SL (In points and percentage and Risk)
Trailing SL (In points and percentage and RISK)
SYSTEM MODE : Intraday/Positional
INTRADAY START TIME
INTRADAY END TIME
TRADE MODE : BOTH/LONGONLY/SHORTONLY
STRATEGY TAG : AS PER ALGOFOX WATCHLIST
CODE : AS PER ALGOFOX TRADING VIEW KEY
PRODUCT TYPE : NRML/MIS
INSTRUMENT TYPE : EQ/FUTSTK/FUTIDX/OPTSTK/OPTIDX/FUTCOM/FUTCUR
QUANTITY TYPE : FIXED/EXPOSURE
QUANTITY 
TARGET 1 EXIT %

USP of this strategy : Works on All segments and can be backtested and fully automated with multiple targets and trailing SL

This Range breakout system works on multiple types of range like High low of candle, or Open-close of candle or even just opening price of candle and has target, SL and Trailing SL based on Risk as well.