ORB opening range break

29 בדצמ׳ 2024

This indicator plots the high/low for a user-selected period of time in minutes after the market opens on an intraday chart to allow the user to visualize the high and low of the opening range.

Features:

• Able to plot the opening range for timeframes that are higher as well as lower than the main chart.
  
• Customizable time range in minutes
  
• Customizable ORB region, price level, price axis, label
  

How to use:

1. Input the opening time range of interest in minutes
   
2. Check the "ORB region" checkbox to shade the ORB region
   
3. Check the "PRICE LEVEL" checkbox to draw a horizontal line of the high and low
   
4. Check the "PRICE AXIS" checkbox to plot the values on the price axis
   
5. Check the "LABEL" checkbox to draw a label of the high and low