📈 ORBox | by Octopu$
ORBox is a Box for the Opening Range Breakout
The Box is added automatically according to the User preferences through GUI
This Indicator includes a Dropdown selection for which Range for the Breakout you want to use
ORBox has built-in Alerts for when the Breakout happens according to your preferences
Works in any Timeframe with any...
This Indicator will print basically 4 lines.
You have to understand the importance of the "Initial Balance" the first trading hour of Cash session is very important in trading stocks and indizes.
So you will get 4 lines:
Opening
Initial Balance High
Initial Balance Low
Initial Balance Midpoint/Halfback
Most indicators for Range Box, Opening Trade,...
This script boxes a custom session and sets the box at the high and low of the session and draws that box to the next session.
Box color is determined by price in relation to the box position. Box color is set at the start of the next session. This allows
user to lookback at multiple box sets to see how each day closed in relation to the session highlighted.
I...
Green vertical lines are showing pre market open and then the opening range as the first hour of market NYSE market open
Pre market high and low are blue lines | intraday opening range high low are in white
Trades are taken in the current direction above | below range breaks with the direction of price action using the moving averages
Price breaking through...
The Litt ORB, Opening Range Breakout, is a tool used by many intraday traders to take advantage of short-term momentum. This script plots extensions based on the opening range and then color candles depending on where the closing price of that candle is. The opening range is defined by either the first 30 or 60 minutes of a new trading day. During that time the...
You define a time range (hours and minutes) and based on this, the indicator draws the price range (high / low) as a channel in your chart - projected into the future and, if desired, also for past days. You are completely free to choose the time range and NOT limited to trading sessions.
In addition, further lines are drawn below / above the price range channel...
This indicator uses the concept of the "Opening Range" to create a Fibonacci zone from the high and low set during a specific time period after open (Defaults to 9:30 - 10:05 AM, EST)
The Opening Range is a popular tool for intraday technical analysis. Price frequently uses these levels as support/resistance, and a breakout from within the range can be a sign of...
This script plots the 30min Opening Range as well as the previous day's high & low.
Description:
Blue Line = Top of the 30min Opening Range for the session
Pink Line = Bottom of the 30min Opening Range for the session
White Line = Mid-Point of the 30min Opening Range for the session
White Transparent Area = The full range of the 30min Opening Range
Green Line =...
This is an intraday indicator which plots high and low of timeframe's first bar.
Top line - High of the first session bar
Bottom line - low of the first session bar
Requires session timing and total trading hours to plot the lines appropriately.
We can use the indicator to trade intraday opening range breakouts.
Thanks!
Find direction is the key to success for all traders. This script can find the direction and Opening Range. All you need to do is follow the direction and the trend generated from this script. It can be used for day trading and swing trading on all time frames. It generates short-trend, medium-trend and long-trend lines with no repaint and no lagging. It also...
This is a total re-write of my previous Opening Range indicator. All the same functionality with better code
Features
Opening Range and Initial Balance ranges (30 minutes and 1 hour defaults)
Overnight Range
Daily Open Price
Can select which midpoint: OR or IB
4 separate extensions (up and down) based on either OR or IB
Shaded range area
All lines...
The below script is based on Initial Balance.
Initial Balance is based on the highest and lowest points of Price Action (PA) within the first 60 minutes of trading. There is so much information available online, reference Initial Balance, that I have not provided a reference.
Most indicators I have seen have been solely based on UTC 0000 Initial Balance. My...
Pretty much the exact same indicator as my other Session Pivots, however this one also shows the weekends and the session times are set to Bitmex exchange (note: I'm in a GMT+7 timezone myself).
This is a modest approach of assembling my most favorite strategies into a single indicator script!
I extended the functionality of the ART to the maximum in this piece of price action and volume analysis.
The original "Average Range Targets" - though by default turned off t due to heavily re-scaling the chart -
and the previous day's high and low.
What I've...
First of all, I must say that this script wouldn't be possible without the help of one of the best script developers on TradingView - @ahancock (thanks a bunch for your help)
This script draws opening ranges for each of the sessions - Tokyo, London and New York and plots session high, low and pivot range of the previous session.
So if you trade London session -...
Opening Levels is an indicator to draw lines on the opening prices of the current day, week, and month.
Inputs:
1. Line Width :- Opening Levels Line width, from 1 to 10
2. Right Offset :- Right offset from current bar, from 0 to 50
3. Line Style :- Select line styles from
4. Show Label :- Show or hide price labels
5. Day Level Color :- Current...
This script is what I currently use to day trade forex on a 5-minute timeframe.
The script features Multi-timeframe EMA20 that uses timeframe multipliers and is smoother by the factor by which you're multiplying your current timeframe.
Default settings are set to display EMA20 on the current (M5) timeframe, as well as M15, H1, H4 and D1 timeframes.
The...
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