FDAX Marrell

FDAX ONR + Range/Trend Confirm + 15m FVG (CET) — Indicator Description

This indicator is designed for FDAX traders who trade 15m Fair Value Gaps (FVG) using 1m confirmation (CISD/SMC execution) and want to avoid getting chopped in range days.

What it does

Overnight Range (ONR) module (00:00–08:55 CET)

Draws the Overnight box.

Calculates and displays key ON metrics:

ONR – overnight range size

Score – overnight directional efficiency (how “one-way” the move was)

Loc – where price closed inside the overnight range (close location)

Flags a Pre-Range bias when overnight behavior suggests a higher probability of a choppy/session-range environment.

Range vs Trend confirmation (European open logic)

Builds the Opening Range (OR30) box (09:00–09:30 CET).

Tracks TR60 (09:00–10:00 CET) for early volatility expansion.

Confirms the session state:

WAIT – no confirmation yet

CONFIRMED RANGE – conditions point to a balanced/choppy day

CONFIRMED TREND – volatility expansion and acceptance outside OR indicates a trending day

15m FVG overlays

Plots 15m FVG zones (bullish/bearish) as clean extending boxes.

Optional filters:

Show FVGs only when CONFIRMED TREND (to avoid taking FVGs in chop).

Hide FVGs inside the EQ zone (mid-range) to reduce low-quality setups.

Why it’s useful

Range days are where most stop streaks happen when trading FVG + 1m confirmation. This indicator helps you:

Identify when the market is likely to be balanced/choppy

Wait for trend confirmation before taking aggressive FVG plays

Focus only on high-probability FVG locations aligned with session conditions

Best use

Use the indicator on FDAX (EUREX) with 15m / 5m context and execute on 1m.

Prioritize FVGs during CONFIRMED TREND and be selective (or reduce size) during WAIT / CONFIRMED RANGE.

If you want, I can also write a shorter “TradingView public script style” description (2–3 lines + bullet features), or a more marketing/premium description for your community.