OPEN-SOURCE SCRIPT
ORB with 50% line
This script plots the high and low of any custom session and extends these levels until the daily close. By default, it will not display on timeframes higher than the length of the defined opening session.
From the settings, you can adjust both the opening range period and the maximum timeframe on which the levels are displayed.
In addition, the script also plots a median line between the ORB High and ORB Low, providing an extra reference level for traders.
From the settings, you can adjust both the opening range period and the maximum timeframe on which the levels are displayed.
In addition, the script also plots a median line between the ORB High and ORB Low, providing an extra reference level for traders.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.