About ORBO indicator


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Somebody recently shared this indicator in the group im in. https://usethinkscript.com/d/16-opening-range-breakout-indicator-for-thinkorswim .After looking it up I found that Hahn also posted a similar indicator.

What are the downside to these? i saw some lessons about it from the post but im still new to this.

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Posted by (Questions: 2, Answers: 1)
Asked on December 23, 2018 6:35 pm
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After reading our Terms and Conditions and spending some time browsing this site you will see we do not provide advice on the efficacy of any trading methodologies. The tools that I write for this Q&A forum are specified by the viewers. I rarely create tools based on my own ideas. I just write code. I don’t trade.

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Posted by (Questions: 37, Answers: 4118)
Answered on December 24, 2018 8:27 am