Orion Daily Bias
A bullish or bearish read for the day ahead, free.
Free. Add it straight from TradingView, or claim it here and we add it to your TradingView username.
On a TradingView chart.
On your chart.
- Prints Daily Bias: Bullish or Bearish on your chart.
- Settles at the daily close and does not repaint.
- Colours the daily candles by bias, if you want it.
- Alerts only when the bias changes.
- Pay once, keep it: lifetime access to the script and every update
- Monthly plans renew until you cancel from your account, no lock-in
- 14-day cooling-off on any purchase before activation, in line with UK consumer law
- Secure checkout by Shopify, card details never touch our servers
- Real reviews · Nebula & tools on Trustpilot
Full description
Orion Daily Bias indicator v1
The Daily Bias Indicator identifies the daily market bias (bullish or bearish) using principles inspired by institutional trading activity. It analyses daily price action to detect imbalances caused by large market participants, providing a clear directional bias for the upcoming trading day.
Key Features
Daily Bias Signals:
Displays "Daily Bias: Bullish" (green) or "Daily Bias: Bearish" (red) in the top-right corner of your chart.
Colors daily candles to reflect the current bias (toggle on/off).
Non-Repainting:
Signals finalize only at market close and never change retroactively.
Intraday Flexibility:
Use the daily bias to align intraday strategies (e.g., 15-minute entries) with the broader trend.
Custom Alerts:
Receive alerts only when the bias changes (e.g., bullish to bearish). Alerts trigger at market close, preparing you for the next trading day.
How It Works
Market Close Analysis:
At the end of each trading day, the indicator evaluates price action and institutional-level inefficiencies to determine the next day’s bias.
Visual Guidance:
Daily candles are coloured green (bullish) or red (bearish) to reflect the confirmed bias.
A label in the top-right corner updates automatically across all timeframes.
Actionable Alerts:
Set alerts to notify you only when the bias shifts, helping you stay focused on high-probability setups.
Why Traders Use It
Simplify Decision-Making: Start each day with a clear bias, avoiding trades against institutional momentum.
Adaptable to Strategies: Works with scalping, swing trading, or position building.
Rule-Based Signals: Objective criteria finalize at market close.
Settings & Parameters
Candle Colouring: Enable/disable daily candle highlights.
Daily bias label: Turn the daily bias label on and off
Alerts: Setting an alert with this indicator will only alert you if a bias changes from bullish to bearish or vice versa.
How to Use It
Add the indicator to your chart (works on any timeframe).
Check the top-right label for the daily bias.
Set alerts to track bias changes effortlessly.
Combine with your preferred intraday strategy for entries/exits.
Important Notes
No Repainting: Signals lock in at daily close and never change.
Confirmation Tool: Pair with additional analysis (e.g., support/resistance, volume).
Time Agnostic: The daily bias applies to all intraday timeframes (1H, 15M, etc.).
Disclaimer
This tool is for educational purposes only. It is not financial advice, and past performance does not guarantee future results. Always test strategies in a risk-controlled environment.
Quick Facts
- Price: Free
- Platform: TradingView (Pine Script) - desktop and mobile app
- Delivery: Invite-only script - enter your TradingView username at checkout and we grant access at no cost
- What it shows: A daily bullish/bearish bias label, plus optional daily-candle colouring
- Timeframes: Applies across all intraday timeframes (1H, 15M, etc.)
- Alerts: Fire only when the bias flips, at market close
- Repainting: Non-repainting - signals lock at daily close
Frequently Asked Questions
Is the Orion Daily Bias indicator really free?
Yes - v1 is completely free. It is a great way to try an Orion tool before buying a paid indicator.
What does it do?
It determines a daily bullish or bearish bias using principles inspired by institutional trading activity, then shows it as a clear label (and optional daily-candle colouring) on any timeframe.
Does it repaint?
No. Signals finalize at the daily close and never change retroactively.
How do alerts work?
Set an alert and you are notified only when the bias flips (bullish ↔ bearish), at market close, ready for the next trading day.
What timeframes does it work on?
The daily bias applies across all intraday timeframes (1H, 15M, etc.) - add it to any chart.
How is this different from Daily Bias Pro?
v1 gives you the core daily bias label. Daily Bias Pro v1.1 adds COT institutional alignment, a multi-timeframe confluence engine, a 0–6 Power Meter and automated gap detection.
How do I receive it?
It is an invite-only TradingView script. Add your TradingView username at checkout and we grant access at no cost; it then appears under Indicators → Invite-only scripts.
Is it financial advice?
No. It is an educational decision-support tool - pair it with your own analysis and risk management.
Trading involves risk; past performance is not a guide to the future; your capital is at risk. Orion RFX provides analytical tools and education, not financial advice.
On your charts in under a minute.
- 01Open the indicatorPress Add it on TradingView to open Orion Daily Bias on TradingView.
- 02Add to favouritesPress the star so it is one click away on any chart.
- 03Apply and tradeDrop it on your chart, set the candle colouring you like, and read the daily bias.
Orion Daily Bias in pictures.
