One Candle 5min Retest Strategy

16 godzin temu

🚀 One Candle 5min Retest Strategy (OCRS) – Your Morning on Autopilot

Less drawing, more trading.

Sick of drawing the opening range manually every single morning? Or catching yourself FOMOing into trades before the candle even closes? The OCRS Indicator automates the heavy lifting for the "First Candle" / "One Candle Retest" strategy (Scarface Trades style).

It’s basically a tool to keep you honest and save you time.

🧠 Why use it?

1. Forced Patience: The range lines stay PURPLE while the first 5 minutes are playing out. That’s your sign to chill and wait. No early entries.
   
2. Instant Levels: Once the range closes, the lines snap to BLUE (High) and ORANGE (Low). You see the levels immediately.
   
3. The "Zone" Finder: If price breaks out, the script finds the specific Order Block for you (the last contrary candle before the move) and draws the retest box.
   Bullish Breakout? Catches the last red candle.
   Bearish Breakout? Catches the last green candle.
   
4. No Confusion: Markets are messy. If price fakes a pump and then dumps, the indicator keeps the old zone and draws the new one. You see exactly what's happening.
   

🛠️ The Good Stuff:

• Set and Forget: Auto-syncs to NY Open (09:30 EST). Works on any timeframe.
  
• Clean Charts: Lines only run for 90 minutes. No clutter for the rest of the day.
  
• Day Separator: A simple vertical line marks the next session. Perfect for backtesting—you know exactly when to hit pause before the next open.
  
• No Wicks: Boxes only paint when the candle actually closes outside the range. Zero fakeouts.
  
• Your Style: Turn boxes on/off or change colors to match your vibe.
  

🎯 How to trade it:

1. Chill for the first 5 minutes (09:30 - 09:35 NY). Purple lines = hands off.
   
2. Watch for the break.
   Candle CLOSES above Blue? Wait for the Blue Box.
   Candle CLOSES below Orange? Wait for the Orange Box.
   
3. The Setup: Wait for price to tap back into the box.
   
4. Entry: Find your confirmation inside that zone and take the trade.
   

Keep your morning simple. Install OCRS and trade with clarity.

Note: This is just a tool to help with the strategy. Risk management is still on you.

15 godzin temu

Informacje o Wersji

🚀 One Candle 5min Retest Strategy (OCRS) – Your Morning on Autopilot

Less drawing, more trading.

Sick of drawing the opening range manually every single morning? Or catching yourself FOMOing into trades before the candle even closes? The OCRS Indicator automates the heavy lifting for the "First Candle" / "One Candle Retest" strategy (Scarface Trades style).

It’s basically a tool to keep you honest and save you time.

🧠 Why use it?

1. Forced Patience: The range lines stay PURPLE while the first 5 minutes are playing out. That’s your sign to chill and wait. No early entries.
   
   
2. Instant Levels: Once the range closes, the lines snap to BLUE (High) and ORANGE (Low). You see the levels immediately.
   
   
3. The "Zone" Finder: If price breaks out, the script finds the specific Order Block for you (the last contrary candle before the move) and draws the retest box.
   
   Bullish Breakout? Catches the last red candle.
   
   Bearish Breakout? Catches the last green candle.
   
   
4. No Confusion: Markets are messy. If price fakes a pump and then dumps, the indicator keeps the old zone and draws the new one. You see exactly what's happening.
   

🛠️ The Good Stuff:

• Set and Forget: Auto-syncs to NY Open (09:30 EST). Works on any timeframe.
  
  
• Clean Charts: Lines only run for 90 minutes. No clutter for the rest of the day.
  
  
• Day Separator: A simple vertical line marks the next session. Perfect for backtesting—you know exactly when to hit pause before the next open.
  
  
• No Wicks: Boxes only paint when the candle actually closes outside the range. Zero fakeouts.
  
  
• Your Style: Turn boxes on/off or change colors to match your vibe.
  

🎯 How to trade it:

1. Chill for the first 5 minutes (09:30 - 09:35 NY). Purple lines = hands off.
   
   
2. Watch for the break.
   
   Candle CLOSES above Blue? Wait for the Blue Box.
   
   Candle CLOSES below Orange? Wait for the Orange Box.
   
   
3. The Setup: Wait for price to tap back into the box.
   
   
4. Entry: Find your confirmation inside that zone and take the trade.
   

Keep your morning simple. Install OCRS and trade with clarity.

Note: This is just a tool to help with the strategy. Risk management is still on you.

15 godzin temu

Informacje o Wersji

Coloring of Breakout Candlestick patterns after Retest: Shooting Star, Hammer, Engulfings.