OPEN-SOURCE SCRIPT
OPR (Open Price Range) - By Baptiste
🔹 Open Price Range (OPR) with Rectangle & Trend Detection 🔹
This indicator displays configurable 9h and 15h30 Opening Price Ranges (OPR), helping traders analyze key market movements. It automatically draws a dynamic rectangle to visualize the price range and includes multi-timeframe trend detection (M1 to Daily) based on the EMA 200.
Main Features:
✅ Configurable OPR – Set your own time ranges and track session highs/lows.
✅ Trend Detection – Displays trends across multiple timeframes with clear color coding.
✅ Bollinger Bands & Floating Candles – Identifies candles fully outside the bands to spot volatility signals.
✅ Customizable – Adjust parameters to fit your trading strategy.
🔹 Perfect for Scalping & Day Trading! 🔹
💬 Add this indicator to your favorites and leave a comment for any suggestions! 🚀
This indicator displays configurable 9h and 15h30 Opening Price Ranges (OPR), helping traders analyze key market movements. It automatically draws a dynamic rectangle to visualize the price range and includes multi-timeframe trend detection (M1 to Daily) based on the EMA 200.
Main Features:
✅ Configurable OPR – Set your own time ranges and track session highs/lows.
✅ Trend Detection – Displays trends across multiple timeframes with clear color coding.
✅ Bollinger Bands & Floating Candles – Identifies candles fully outside the bands to spot volatility signals.
✅ Customizable – Adjust parameters to fit your trading strategy.
🔹 Perfect for Scalping & Day Trading! 🔹
💬 Add this indicator to your favorites and leave a comment for any suggestions! 🚀
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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