//version=4
study (title="15 Min +- 0.5%", shorttitle="15 min ORB ", overlay=true)
colorvalue = security(syminfo.tickerid, "D", open[1], barmerge.gaps_off, barmerge.lookahead_on)
//pdh ************************************************************************************************
pdh = security(syminfo.tickerid, "D", high[1], barmerge.gaps_off, barmerge.lookahead_on)
pdl = security(syminfo.tickerid, "D", low[1], barmerge.gaps_off, barmerge.lookahead_on)
pdrange = pdh - pdl
//pdh ************************************************************************************************
redcolor = colorvalue != colorvalue[1] ? na : color.red
greencolor = colorvalue != colorvalue[1] ? na : color.green
blackcolor = colorvalue != colorvalue[1] ? na : color.black
high_value = nz(valuewhen(change(time('D')) != 0, open, 0))
low_value = nz(valuewhen(change(time('D')) != 0, open, 0))
//range=high_value-low_value
plot((high_value+((high_value)*0.005)), color = blackcolor, linewidth=2, style=plot.style_line, title="15 min High")
plot((low_value-((low_value)*0.005)), color = blackcolor, linewidth=2, style=plot.style_line, title="15 min Low")
study (title="15 Min +- 0.5%", shorttitle="15 min ORB ", overlay=true)
colorvalue = security(syminfo.tickerid, "D", open[1], barmerge.gaps_off, barmerge.lookahead_on)
//pdh ************************************************************************************************
pdh = security(syminfo.tickerid, "D", high[1], barmerge.gaps_off, barmerge.lookahead_on)
pdl = security(syminfo.tickerid, "D", low[1], barmerge.gaps_off, barmerge.lookahead_on)
pdrange = pdh - pdl
//pdh ************************************************************************************************
redcolor = colorvalue != colorvalue[1] ? na : color.red
greencolor = colorvalue != colorvalue[1] ? na : color.green
blackcolor = colorvalue != colorvalue[1] ? na : color.black
high_value = nz(valuewhen(change(time('D')) != 0, open, 0))
low_value = nz(valuewhen(change(time('D')) != 0, open, 0))
//range=high_value-low_value
plot((high_value+((high_value)*0.005)), color = blackcolor, linewidth=2, style=plot.style_line, title="15 min High")
plot((low_value-((low_value)*0.005)), color = blackcolor, linewidth=2, style=plot.style_line, title="15 min Low")
Note
ORB 15 min
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.