Daily Vertical LineThis indicator draws vertical lines at a specific time each day, helping you visualize important intraday levels or session opens/closes.
Features:
Customizable time in EST timezone (hour and minute inputs)
Adjustable line color, width, and style (solid, dashed, or dotted)
Automatically draws lines for all historical days
Projects one line into the future for the next occurrence
Works on all intraday timeframes. Future line appears as semi-transparent and dashed to distinguish from historical data.
Openingrange
VWAP / ORB / VP & POCThis is an all-in-one technical analysis tool designed to give you a comprehensive view of the market on a single chart. It combines three powerful indicators—VWAP, Opening Range, and Volume Profile—to help you identify key price levels, understand intraday trends, and spot areas of high liquidity.
What It Does
The indicator plots three distinct components on your chart:
Volume-Weighted Average Price (VWAP): A benchmark that shows the average price a security has traded at throughout the day, based on both price and volume. It's often used by institutional traders to gauge whether they are getting a good price. The script also plots standard deviation or percentage-based bands around the VWAP line, which can act as dynamic support and resistance.
Opening Range Breakout (ORB): A tool that highlights the high and low of the initial trading period of a session (e.g., the first 15 minutes). The script draws lines for the opening price, range high, and range low for the rest of the session. It also colors the chart with zones to visually separate price action above, below, and within this critical opening range.
Volume Profile (VP): A powerful study that shows trading activity over a set number of bars at specific price levels. Unlike traditional volume that is plotted over time, this is plotted on the price axis. It helps you instantly see where the most and least trading has occurred, identifying significant levels like the Point of Control (POC)—the single price with the most volume—and the Value Area (VA), where the majority of trading took place.
How to Use It for Trading
The real strength of this indicator comes from finding confluence, where two or more of its components signal the same key level.
Identifying Support & Resistance: The POC, VWAP bands, Opening Range high/low, and session open price are all powerful levels to watch. When price approaches one of these levels, you can anticipate a potential reaction (a bounce or a breakout).
Gauging Intraday Trend: A simple rule of thumb is to consider the intraday trend bullish when the price is trading above the VWAP and bearish when it is trading below the VWAP.
Finding High-Value Zones: The Volume Profile’s Value Area (VA) shows you where the market has accepted a price. Trading within the VA is considered "fair value," while prices outside of it are "unfair." Reversals often happen when the price tries to re-enter the Value Area from the outside.
Settings:
Here’s a breakdown of all the settings you can change to customize the indicator to your liking.
Volume Profile Settings:
Number of Bars: How many of the most recent bars to use for the calculation. A higher number gives a broader profile.
Row Size: The number of price levels (rows) in the profile. Higher numbers give a more detailed, granular view.
Value Area Volume %: The percentage of total volume to include in the Value Area (standard is 70%).
Horizontal Offset: Moves the Volume Profile further to the right to avoid overlapping with recent price action.
Colors & Styles: Customize the colors for the POC line, Value Area, and the up/down volume bars.
VWAP Settings:
Anchor Period: Resets the VWAP calculation at the start of a new Session, Week, Month, Year, etc. You can even anchor it to corporate events like Earnings or Splits.
Source: The price source used in the calculation (default is hlc3, the average of the high, low, and close).
Bands Calculation Mode:
Standard Deviation: The bands are based on statistical volatility.
Percentage: The bands are a fixed percentage away from the VWAP line.
Bands Multiplier: Sets the distance of the bands from the VWAP. You can enable and configure up to three sets of bands.
ORB Settings (Opening Range)
Opening Range Timeframe: The duration of the opening range (e.g., 15 for 15 minutes, 60 for the first hour).
Market Session & Time Zone: Crucial for ensuring the range is calculated at the correct time for the asset you're trading.
Line & Zone Styles: Full customization for the colors, thickness, and style (Solid, Dashed, Dotted) of the High, Low, and Opening Price lines, as well as the background colors for the zones above, below, and within the range.
Rogue 4H ORRogue 4H OR – Opening Range
The Rogue 4H Daily OR is a powerful Opening Range tool designed to help traders identify key intraday levels and capitalize on failed breakout setups.
Key Features:
Custom Opening Range: Define your OR start and end times (default 4H) to suit any market – stocks, forex, or crypto.
Locked Levels: Once the OR session ends, the high and low are locked and projected across the trading day.
Fakeout Signals: Triangular buy/sell markers plot when price breaks out of the OR and then closes back inside, signaling potential reversal entries.
Daily Reset: Signals and ranges reset each trading day for clean analysis.
Session Cutoff: Optional cutoff time prevents late-day signals from cluttering your chart.
How to Use:
Adjust the OR start/end time to match your trading session (e.g., 09:30–13:30 for US stocks, 00:00–04:00 for crypto).
Watch for false breakouts → a close above the OR high that falls back inside signals a short, while a close below the OR low that reclaims the range signals a long.
Use the signals in confluence with trend, volume, or other confirmation tools for best results. **This is not financial advice.**
Designed for traders who thrive on intraday range dynamics and want a visual, session-based tool to spot high-probability setups.
**This is not financial advice**
Futures Playbook: VWAP + OR + Cross-Asset TellsFutures Playbook: VWAP + OR + Cross-Asset Tells (with Trade Messages + Coach Panel)
This all-in-one futures trading toolkit combines Opening Range (OR) levels, VWAP, and cross-asset signals to help traders quickly read intraday structure, manage execution, and filter noise.
Core Features
• Opening Range (OR):
• Customizable OR window with High/Low and Midpoint.
• Automatic shading of the OR zone.
• VWAP & Bands:
• Built-in or session-anchored VWAP.
• Optional standard deviation bands for context.
• Cross-Asset Tells:
• Live reads on US 10Y yield, DXY, Crude, and Gold.
• Regime detection: rates risk, USD strength, energy softness, and real-rate easing.
• Confirmations:
• Volume vs. moving average filter.
• Cumulative delta with smoothing.
• ATR-based chop filter to avoid low-quality trends.
Trade Messages + Coach Panel
• Trade Messages (labels): Automatic on-chart prompts for OR completion, VWAP reclaim/loss, long/short setups, and EU close flows.
• Coach Panel (table): Real-time dashboard with regime context, directional bias, execution notes, risk reminders, and key levels (ORH, ORL, VWAP).
Alerts
• OR breakout (long/short with confirmations).
• VWAP reclaim or loss.
• 10Y yield crossing risk threshold.
Use Case
Designed for futures traders and scalpers who rely on VWAP + OR dynamics and need cross-asset confirmation before committing to trades. Great for structuring entries, managing risk, and filtering market noise throughout the session.
Multi-Session Opening RangesThe Multi-Session Opening Ranges indicator plots the Opening Range (OR) levels for three major trading sessions: Asia, London, and New York. It displays the high (ORH), low (ORL), and midline of each session's opening range, helping traders identify key price levels for potential breakouts, reversals, or support/resistance zones.
This indicator is highly customizable, allowing users to tailor the appearance and behavior of each session independently.
Features
Multi-Session Support: Visualizes Opening Ranges for Asia, London, and New York sessions, with customizable session times and timezones.
Customizable Lines: Adjust the color, style (solid, dashed, dotted), and width of ORH, ORL, and midline for each session.
Offset Control: Set a custom offset (in bars) for lines and labels to position them away from price action for better visibility.
Fill Customization: Choose the fill color for the area between ORH and ORL for each session.
Historical Data Option: Toggle the display of historical OR levels to focus on current session data or analyze past ranges.
Timezone Flexibility: Select from a wide range of timezones to align session times with your trading needs.
Label Customization: Adjust the size of labels (tiny, small, normal, large, huge) for clarity on any chart.
How It Works
The indicator identifies the high and low prices during the user-defined opening range period for each session (default: 5 minutes). It then draws:
ORH (Opening Range High): The highest price during the session's opening range.
ORL (Opening Range Low): The lowest price during the session's opening range.
Midline: The average of ORH and ORL, plotted as a dashed line by default.
Filled Area: A semi-transparent fill between ORH and ORL to highlight the range.
Lines and labels extend until the start of the next session or can be offset by a user-specified number of bars for better chart readability. The indicator supports historical data display for analyzing past session ranges.
Inputs
Display:
Show Historical Data: Enable/disable historical OR levels.
Timezone: Select the timezone for session calculations (e.g., UTC-4, UTC+1, etc.).
Asia/London/New York Sessions:
Show Session: Enable/disable the session.
Session Time: Define the start and end time for the opening range (e.g., "0930-0935:1234567" for 9:30–9:35 AM, all days).
Asia/London/New York Style:
ORH/ORL/Midline Color: Set the color for each line.
ORH/ORL/Midline Style: Choose solid, dashed, or dotted styles.
ORH/ORL/Midline Width: Adjust line thickness (1–5).
OR Fill Color: Customize the fill color for the OR area.
Lines/Labels Offset: Set the offset (in bars, -50 to 50) to shift lines and labels relative to price action.
General Style:
Label Size: Set the size of ORH and ORL labels (tiny, small, normal, large, huge).
Usage
Add the indicator to your chart.
Configure session times to match your trading instrument and timezone.
Customize colors, line styles, widths, and offsets for each session to suit your chart preferences.
Use the ORH, ORL, and midline levels to identify key price zones for trading strategies, such as breakouts or reversals.
Notes
Ensure session times do not overlap to avoid conflicts in visualization.
Large offsets may place lines/labels outside the visible chart area; adjust as needed.
The indicator is optimized for intraday timeframes but works on any timeframe.
BB Opening Range
Master session-based trading with precision range analysis and dynamic extensions
📊 Overview
The BB Opening Range Indicator is a comprehensive session analysis tool that captures, visualizes, and extends price ranges for any defined trading session. Whether you're tracking overnight ranges, opening ranges, or custom session periods, this indicator provides institutional-grade visualization with intelligent range extensions and detailed quadrant analysis.
🎯 Key Features
Dynamic Session Tracking
Define custom session times (default: Midnight 00:00-00:30)
Automatic timezone adjustment for precise session detection
Handles sessions that cross midnight seamlessly
Visual session start/end markers with customizable lines
Intelligent Range Extension
Futures Close (17:00) - Extends ranges until 5:00 PM ET
End of Week - Maintains ranges through Friday close
Always - Continuous extension for persistent levels
Session End Only - Basic range without extension
Advanced Quadrant Analysis
Automatically divides ranges into four equal zones (0-25%, 25-50%, 50-75%, 75-100%)
Color-coded quadrants for instant visual reference
Optional quadrant border lines at 25%, 50%, and 75% levels
Customizable colors and opacity for each quadrant
Historical Range Analytics
Tracks multiple historical ranges (configurable 1-50)
Calculates average range size over customizable lookback period (up to 200 days)
Compares current range to historical average
Maintains clean chart with automatic old range cleanup
Professional Visualization
Clean, institutional-style range boxes with customizable borders
Opening price line overlay
Optional info table showing key levels and statistics
Smart label positioning that follows price action
Predictive next session indicator
📈 Use Cases
Opening Range Breakout Trading
Track the first 30-60 minutes of regular trading hours to identify key support/resistance levels for the day.
Overnight Range Analysis
Monitor overnight/globex sessions to gauge pre-market sentiment and identify potential gaps.
Custom Session Ranges
Define any time period relevant to your strategy - London open, New York open, Asian session, or custom intervals.
Multi-Timeframe Analysis
View how price respects historical session ranges across different timeframes for confluence.
⚙️ Settings Guide
Session Settings
Session Name: Label your session for easy identification
Session Time: Define start and end times (24-hour format)
Extend Until: Choose how long ranges remain visible
Lookback Days: Period for calculating average range size
Max Ranges: Number of historical ranges to display
Display Options
Show Quadrants: Toggle quadrant visualization
Show Info Table: Display statistics table
Table Position: Choose table location on chart
Session Lines: Show/hide session start and next session markers
Open Price Line: Display opening price within range
Label Settings
High/Low Labels: Show range extremes
Quadrant Labels: Display 25%, 50%, 75% levels
Open Price Label: Mark session opening price
Current Range Only: Limit labels to most recent range
Visual Styling
Border Settings: Customize box and quadrant borders
Line Widths: Adjust border and quadrant line thickness
Color Scheme: Full control over all visual elements
Opening-Range BreakoutNote: Default trading date range looks mediocre. Set date range to "Entire History" to see full effect of the strategy. 50.91% profitable trades, 1.178 profit factor, steady profits and limited drawdown. Total P&L: $154,141.18, Max Drawdown: $18,624.36. High R^2
█ Overview
The Opening-Range Breakout strategy is a mechanical, session‑based day‑trading system designed to capture the initial burst of directional momentum immediately following the market open. It defines a user‑configurable “opening range” window, measures its high and low boundaries, then places breakout stop orders at those levels once the range closes. Built‑in filters on minimum range width, reward‑to‑risk ratios, and optional reversal logic help refine entries and manage risk dynamically.
█ How It Works
Opening‑Range Formation
Between 9:30–10:15 AM ET (configurable), the script tracks the highest high and lowest low to form the day’s opening range box.
On the first bar after the range window closes, the range high (OR_high) and low (OR_low) are “locked in.”
Range‑Width Filter
To avoid false breakouts in low‑volatility mornings, the range must be at least X% of the current price (default 0.35%).
If the measured opening-range width < minimum threshold, no orders are placed that day.
Entry & Order Placement
Long: a stop‑buy order at the opening‑range high.
Short: a stop‑sell order at the opening‑range low.
Only one side can trigger (or both if reverse logic is enabled after a losing trade).
Risk Management
Once triggered, each trade uses an ATR‑style stop-loss defined as a percentage retracement of the range (default 50% of range width).
Profit target is set at a configurable Reward/Risk Ratio (default 1.1×).
Optional: Reverse on Stop‑Loss – if the initial breakout loses, immediately reverse into the opposite side on the same day.
Session Exit
Any open positions are closed at the end of the regular trading day (default 3:45 PM ET window end, with hard flat at session close).
Visual cues are provided via green (range high) and red (range low) step‑line plots directly on the chart, allowing you to see the range box and breakout triggers in real time.
█ Why It Works
Early Momentum Capture: The first 15 – 60 minutes of trading encapsulate overnight news digestion and institutional order flow, creating a well‑defined volatility “range.”
Mechanical Discipline: Clear, rule‑based entries and exits remove emotional guesswork, ensuring consistency.
Volatility Filtering: By requiring a minimum range width, the system avoids choppy, low‑range days where false breakouts are common.
Dynamic Sizing: Stops and targets scale with the opening range, adapting automatically to each day’s volatility environment.
█ How to Use
Set Your Instruments & Timeframe
-Apply to any futures contract on a 1‑ to 5‑minute chart.
-Ensure chart timezone is set to America/New_York.
Configure Inputs
-Opening‑Range Window: e.g. “0930-1015” for a 45‑minute range.
-Min. OR Width (%): e.g. 0.35 for 0.35% of current price.
-Reward/Risk Ratio: e.g. 1.1 for a modest profit target above your stop.
-Max OR Retracement %: e.g. 50 to set stop at 50% of range width.
-One Trade Per Day: toggle to limit to a single breakout.
-Reverse on Stop Loss: toggle to flip direction after a losing breakout.
Monitor the Chart
-Watch the green and red range boundaries form during the session open.
-Orders will automatically submit on the first bar after the range window closes, conditioned on your filters.
Review & Adjust
-Backtest across multiple months to validate performance on your preferred contract.
-Tweak range duration, minimum width, and R/R multiple to fit your risk tolerance and desired win‑rate vs. expectancy balance.
█ Settings Reference
Input Defaults
Opening‑Range Window - Time window to form OR (HHMM-HHMM) - 0930–1015
Regular Trading Day - Full session for EOD flat (HHMM-HHMM) - 0930–1545
Min. OR Width (%) - Minimum OR size as % of close to trigger orders - 0.35
Reward/Risk Ratio - Profit target multiple of stop‑loss distance - 1.1
Max OR Retracement (%) - % of OR width to use as stop‑loss distance - 50
One Trade Per Day - Limit to a single breakout order per day - false
Reverse on Stop Loss - Reverse direction immediately after a losing trade - true
Disclaimer
This strategy description and any accompanying code are provided for educational purposes only and do not constitute financial advice or a solicitation to trade. Futures trading involves substantial risk, including possible loss of capital. Past performance is not indicative of future results. Traders should assess their own risk tolerance and conduct thorough backtesting and forward-testing before committing real capital.
ICT x Vihapa 4 in 1Indicator Description:
This indicator is designed to provide comprehensive market structure and session-based insights. It includes:
NWoG / NDoG Levels: Displays New Week Opening Gap (NWoG) and New Day Opening Gap (NDoG) for market context.
Key Opening Price Levels: Highlights significant time-based price levels, including 00:00, 08:30, 09:30, and 13:00.
Previous Key Levels: Marks critical historical levels such as the previous week's high and low, previous day’s high and low, and 4-hour highs and lows.
Trading Sessions: Clearly distinguishes major market sessions including the Asian, London, and New York sessions.
This indicator serves as a valuable tool for traders seeking to align their strategies with institutional price behavior and time-based market dynamics.
Opening Range and Initial balanceThis indicator represents Opening Range and Initial Balance levels.
Opening Range represents the high and low established during the first few minutes of the trading session — usually 5, 15 or 30 minutes.
Initial Balance represents the high and low established during the first hour of the trading session.
Open Range Breakout (ORB) with Alerts
🚀 ChartsAlgo – Open Range Breakout (ORB) with Alerts
The Open Range Breakout (ORB) Indicator by ChartsAlg is designed for intraday traders looking to capitalize on price movements after the market’s opening range. This tool is especially effective for futures (MNQ, MES) and high-volatility stocks or crypto where initial volatility sets the tone for the session.
This indicator identifies a user-defined opening range window, plots the high/low lines of that range, and visually alerts users when price breaks out above or below the range — with options to customize breakout repetitions, background fill, and alerts.
💡 What is an Open Range Breakout (ORB)?
The opening range represents the high and low established during the first few minutes of the trading session — usually 15 or 30 minutes. Many intraday strategies are based on the idea that breaking out of this initial range often signals strong momentum and trend continuation.
Traders often enter:
Long when price breaks above the range high.
Short when price breaks below the range low.
⚙️ How It Works
You define a session window (e.g., 09:30–09:45 EST).
The indicator tracks the high and low during this time.
Once the session ends, the high and low become your range breakout levels.
The indicator then:
Plots lines for visual clarity
Optionally fills background between the range
Triggers breakout signals if price crosses the levels
Provides alerts when breakouts occur
🛠️ Settings Breakdown
🔹 Session Settings
Range Session: Set your preferred window (e.g., 0930–0945). Can be premarket, first 30 mins, or any custom time.
Time zone: Use "America/New York" for EST (default) or change to "GMT+0" for international traders.
🔹 Breakout Settings
Bullish Breakout Signals: Number of allowed breakout alerts above the range.
Bearish Breakout Signals: Number of allowed breakout alerts below the range.
This prevents repeated alerts once breakout has been confirmed.
🔹 Display Settings
Show Background Fill: Fills area between high/low of the range for easier visual analysis.
Show Breakout Signals: Triangle markers plotted on the chart when breakouts happen.
Only Show Today’s Range: Keeps the chart clean by showing only the most current day’s range.
🔹 Color Settings
Range High/Low Line Colors: Choose any color for clarity.
Range Fill Color: Customize the highlight area for your chart style.
📊 Chart Features
Range High/Low Lines: Automatically plotted after range session ends.
Visual Fill Box: Optional background shading between the opening range.
Triangle Breakout Markers: Appear at the breakout candle.
Alerts: Can be used with TradingView’s alert system to notify you of breakouts in real-time.
🔔 Alerts
Two alert conditions are built in:
Bullish Breakout: Triggers when price breaks above the high of the range.
Bearish Breakout: Triggers when price breaks below the low of the range.
Example Alert Message:
📈 “Bullish Breakout above Open Range on AAPL!”
To activate:
Click “🔔 Alerts” on TradingView.
Set condition to this script.
Choose “ORB Breakout Up” or “ORB Breakout Down”.
Choose alert frequency and notification method.
⚠️ DISCLAIMER
ChartsAlgo tools are for informational and educational purposes only.
They are not financial advice or signals. Past performance does not guarantee future results. Use at your own risk and always implement solid risk management.
By using this indicator, you agree that you are solely responsible for any trades or decisions made based on the information provided.
ICT Opening Range Projections (tristanlee85)ICT Opening Range Projections
This indicator visualizes key price levels based on ICT's (Inner Circle Trader) "Opening Range" concept. This 30-minute time interval establishes price levels that the algorithm will refer to throughout the session. The indicator displays these levels, including standard deviation projections, internal subdivisions (quadrants), and the opening price.
🟪 What It Does
The Opening Range is a crucial 30-minute window where market algorithms establish significant price levels. ICT theory suggests this range forms the basis for daily price movement.
This script helps you:
Mark the high, low, and opening price of each session.
Divide the range into quadrants (premium, discount, and midpoint/Consequent Encroachment).
Project potential price targets beyond the range using configurable standard deviation multiples .
🟪 How to Use It
This tool aids in time-based technical analysis rooted in ICT's Opening Range model, helping you observe price interaction with algorithmic levels.
Example uses include:
Identifying early structural boundaries.
Observing price behavior within premium/discount zones.
Visualizing initial displacement from the range to anticipate future moves.
Comparing price reactions at projected standard deviation levels.
Aligning price action with significant times like London or NY Open.
Note: This indicator provides a visual framework; it does not offer trade signals or interpretations.
🟪 Key Information
Time Zone: New York time (ET) is required on your chart.
Sessions: Supports multiple sessions, including NY midnight, NY AM, NY PM, and three custom timeframes.
Time Interval: Supports multi-timeframe up to 15 minutes. Best used on a 1-minute chart for accuracy.
🟪 Session Options
The Opening Range interval is configurable for up to 6 sessions:
Pre-defined ICT Sessions:
NY Midnight: 12:00 AM – 12:30 AM ET
NY AM: 9:30 AM – 10:00 AM ET
NY PM: 1:30 PM – 2:00 PM ET
Custom Sessions:
Three user-defined start/end time pairs.
This example shows a custom session from 03:30 - 04:00:
🟪 Understanding the Levels
The Opening Price is the open of the first 1-minute candle within the chosen session.
At session close, the Opening Range is calculated using its High and Low . An optional swing-based mode uses swing highs/lows for range boundaries.
The range is divided into quadrants by its midpoint ( Consequent Encroachment or CE):
Upper Quadrant: CE to high (premium).
Lower Quadrant: Low to CE (discount).
These subdivisions help visualize internal range dynamics, where price often reacts during algorithmic delivery.
🟪 Working with Ranges
By default, the range is determined by the highest high and lowest low of the 30-minute session:
A range can also be determined by the highest/lowest swing points:
Quadrants outline the premium and discount of a range that price will reference:
Small ranges still follow the same algorithmic logic, but may be deemed insignificant for one's trading. These can be filtered in the settings by specifying a minimum ticks limit. In this example, the range is 42 ticks (10.5 points) but the indicator is configured for 80 ticks (20 points). We can select which levels will plot if the range is below the limit. Here, only the 00:00 opening price is plotted:
You may opt to include the range high/low, quadrants, and projections as well. This will plot a red (configurable) range bracket to indicate it is below the limit while plotting the levels:
🟪 Price Projections
Projections extend beyond the Opening Range using standard deviations, framing the market beyond the initial session and identifying potential targets. You define the standard deviation multiples (e.g., 1.0, 1.5, 2.0).
Both positive and negative extensions are displayed, symmetrically projected from the range's high and low.
The Dynamic Levels option plots only the next projection level once price crosses the previous extreme. For example, only the 0.5 STDEV level plots until price reaches it, then the 1.0 level appears, and so on. This continues up to your defined maximum projections, or indefinitely if standard deviations are set to 0.
This example shows dynamic levels for a total of 6 sessions, only 1 of which meet a configured minimum limit of 50 ticks:
Small ranges followed by significant displacement are impacted the most with the number of levels plotted. You may hide projections when configuring the minimum ticks.
A fixed standard deviation will plot levels in both directions, regardless of the price range. Here, we plot up to 3.0 which hiding projections for small ranges:
🟪 Legal Disclaimer
This indicator is provided for informational and educational purposes only. It is not financial advice, and should not be construed as a recommendation to buy or sell any financial instrument. Trading involves substantial risk, and you could lose a significant amount of money. Past performance is not indicative of future results. Always consult with a qualified financial professional before making any trading or investment decisions. The creators and distributors of this indicator assume no responsibility for your trading outcomes.
Opening Range Breakout Detector📈 Opening Range Breakout Detector (TF-Independent)
Tracks breakouts with precision. No matter the chart, no matter the timeframe.
This indicator monitors whether price breaks above or below the Opening Range across multiple key durations — 1m, 5m, 10m, 15m, 30m, 45m, and 60m — using 1-minute data under the hood, while you can work on higher timeframe charts (daily, etc.).
Highlights:
✅ Status table shows which ORs broke UP or DOWN
⏱ Control which timeframes to track
🖼 Customizable table position, size and colors
Crafted by @FunkyQuokka
[TTM] ICT Sessions & Ranges🌟 Overview 🌟
The ICT Sessions & Ranges Indicator helps traders identify key intraday price levels by marking custom session highs/lows and opening ranges.
It helps traders spot potential liquidity grabs, reversals, and breakout zones by tracking price behavior around these key areas
🌟 Session Highs & Lows – Liquidity Zones 🌟
Session highs and lows often attract price due to stop orders resting above or below them. These levels are frequently targeted during high-volatility moves.
🔹 Asia Session
- Usually ranges in low volatility.
- Highs/lows often get swept during early London.
- Price may raid these levels, then reverse.
🔹 London Session
- First major volatility of the day.
- Highs/lows often tested or swept in New York.
- Commonly forms the day’s true high or low.
🌟 Opening Range Concepts 🌟
The Opening Range is the first 15, 30, or 60 minutes of a session (e.g., New York).
The high (ORH) and low (ORL) define the market’s initial balance and key reaction levels.
🔹 Breakout Trade
- Price breaks ORH/ORL with momentum.
- Signals directional intent.
- Traders enter on the breakout, with stops inside the range.
🔹 Liquidity Raid
- Price briefly breaks ORH/ORL to trigger stops.
- Reverses after the sweep.
- Look for structure shift and entry near FVG or OB.
🌟 Customizable Settings 🌟
The indicator includes 3 configurable ranges , each with:
Start & End Time – Set any custom time window.
Display Type – Choose Box (highlight range) or Lines (mark high/low).
Color Settings – Set custom colors for boxes and lines.
🌟 Default Settings 🌟
Range 1 : 19:00–00:00 (Asia Session)
Range 2 : 01:45–05:15 (London Session)
Range 3 : 09:30–10:00 (NY Opening Range – 30m)
[itradesize] ICT Opening range
This indicator automatically annotates the opening ranges of the AM and PM sessions. It should be used on the 1-minute timeframe , although you can check and build a further models when using a 2-3-4 or even 5-minute timeframe. You can customize this under the settings tab.
Additionally, it includes features such as standard deviations and the initial fair value gap presented. Everything is based on what ICT said in his algorithmic timing video.
The algorithm will continue to adjust prices higher or lower until it reaches a predetermined target price. This process will occur within specific time frames: the last 10 minutes before the hour and the first 10 minutes after a new hour begins.
For the AM session opening range, this is from 9:30 to 10:00 , and for the PM session, it's from 13:30 to 14:00 . Defining these ranges allows us to identify the first presented fair value gaps there, as the algorithm is designed to leave these signatures for smart money. This process of time-based delivery precision repeats every day. You can build a whole New York model on this.
It's important to journal and backtest your results results. If the market breaks the opening range on either side and there is evident liquidity, it is highly likely that it will pursue that liquidity.
However, before doing so, the market should retrace back to the first fair value gap if it hasn’t already occurred or back to the 0.75 or 0.5 level of the range at maximum.
When does this happen? Typically, when a macro event occurs— for example, during the lunch macro from 11:30 to 12:00 . In most cases, you can expect a retracement during lunch macro. If the market retraces beyond these levels, there is a higher probability that the expected scenario will not play out.
The algorithm primarily refers to the 30-minute opening range each time. The standard deviation levels can be used to establish algorithmic delivery targets and anticipate another run after the PM session opening range has occurred. The AM session often helps determine the likely direction of movement after the PM session range concludes.
The PM macro runs from 15:15 to 15:45 . At this time, the market will typically operate within the narrative that is currently underway.
ORB - Futures and Stocks (Breakouts + Alerts + ORB Selector)This indicator shows the Opening Range Breakout (ORB) based on the time range you choose.
Important:
It only works for intraday trading on time frames less than 1 day (like 1-minute, 5-minute, or hourly charts).
You can use it with any stock or futures, such as US500, NAS100, or GER40.
Inputs:
ORB Range - Your preference.
Session Start
Time Zone Offset
Examples:
for EU Frankfurt, DAX (GER40):
Set your ORB range
Session Start 0900
Time Zone Offset +1
For US Stock Market and US500, NAS100:
Set your ORB range
Session Start 0930
Time Zone Offset -5
Created using ChatGPT
Open Range Candle [TradeWithRon]This Open Range Break indicator is a tool designed to help traders identify and visualize key price levels using the Opening Range Breakout (ORB) strategy. This indicator dynamically plots critical levels such as the high, low, and middle of a predefined range, along with Fibonacci retracement levels for further analysis. It also features several customization options to fit various trading styles.
Key Features:
Session Setup: Allows the user to set the time offset in GMT - or + to adjust the ORB session to their local time zone.
The default ORB session is set at 9:45 AM but can be adjusted based on user preferences.
Warning: Only supports 5-minute and 15-minute timeframes.
Visual Customization:
Line Styles: Users can choose from Solid, Dotted, or Dashed lines to represent key price levels.
Color Adjustments: Customizable colors for the high, middle, and low levels of the range, as well as Fibonacci levels and vertical lines.
Labeling Options: The labels can be customized in terms of size and color, helping to keep the chart clean and clear.
Fibonacci Retracement Levels: Fibonacci retracement levels are automatically drawn between the high and low of the range. Users can toggle these on or off and customize the offset to suit different trading instruments.
Time-Based Visuals: A vertical line is drawn at the start of the ORB session, providing a clear visual marker of where the breakout starts. This is useful for pinpointing key trade setups.
The indicator supports both 5-minute and 15-minute timeframes.
EMA Integration: The user can enable an Exponential Moving Average (EMA) on any chosen timeframe with adjustable parameters such as the length and color, providing additional trend context.
Dynamic Labeling: The indicator labels the high, middle, and low points of the ORB with custom text. These labels are updated in real-time as new data becomes available.
Limit on Lines and Labels: The indicator allows for a limit on the number of lines and labels drawn to maintain a clean chart, preventing unnecessary clutter as more ORB levels are plotted.
Daily Bias Information: The indicator assesses the daily trend bias (bullish or bearish) based on the relationship between the open and close prices for the last three daily candles, providing context for the current trading session.
Countdown Timer: The remaining time until the end of the current session is displayed in a countdown format, which helps traders to time their entries and exits more precisely.
How To Use:,
- Set the Timeframe to 15 minutes.
- Adjust the Time Zone Offset if needed, based on your local time zone.
- Enable the Show ORB feature for the first 15-minute candle to be drawn as the opening range. - The indicator will automatically mark the high, middle, and low points of the range.
Identify Breakout Points:
Bullish Breakout: If the price breaks above the high of the 15-minute opening range, this indicates a potential bullish breakout. The indicator will plot a vertical line marking the breakout point for further confirmation.
Bearish Breakout: If the price breaks below the low of the 15-minute opening range, this signals a potential bearish breakout. Again, the indicator will plot the breakout point with a vertical line for easy identification.
🔶 Disclaimer
Use with Caution: This indicator is provided for educational and informational purposes only and should not be considered as financial advice. Users should exercise caution and perform their own analysis before making trading decisions based on the indicator's signals.
Not Financial Advice: The information provided by this indicator does not constitute financial advice, and the creator (Tradewithron) shall not be held responsible for any trading losses incurred as a result of using this indicator.
Backtesting Recommended: Traders are encouraged to backtest the indicator thoroughly on historical data before using it in live trading to assess its performance and suitability for their trading strategies.
Risk Management: Trading involves inherent risks, and users should implement proper risk management strategies, including but not limited to stop-loss orders and position sizing, to mitigate potential losses.
No Guarantees: The accuracy and reliability of the indicator's signals cannot be guaranteed, as they are based on historical price data and past performance may not be indicative of future
Opening RangeThe Opening Range indicator highlights the high, low, and midpoint of the first hour (1H) of each trading day and the first four hours (4H) of each trading week. These ranges are displayed as rectangles, providing key support, resistance, and breakout levels.
Features
1H Daily Range: Shows the opening range for the first hour of each trading day.
4H Weekly Range: Shows the opening range for the first four hours of each trading week.
Middle Line: Displays a dotted line at the midpoint of each range for additional reference.
Labels: Marks each range with "OR.1H" or "OR.4H" for easy identification.
Customizable: Adjust colors, toggle visibility, and set the number of ranges to display.
How to Use
Use the high and low of the range as potential support and resistance levels.
Watch for breakouts above or below the range for trading opportunities.
Use the midpoint line as a reference for mean reversion or trend analysis.
ORB opening range breakoutThis indicator plots the opening range high and low for a 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 for use in the Opening Range Breakout (ORB) strategy.
The Opening Range Breakout (ORB) strategy is a trading approach that involves identifying the price range within the first few minutes of a market session and then waiting for the price to break out of that range. This indicator facilitates this strategy through the use of shaded regions and/or price levels.
Features
Able to plot the high and low for any opening range above 1 min on any intraday timeframe
Fully customizable ORB region, price level, price axis, label
The inclusion of the Bollinger band along with it's Moving Average serves multiple purposes to assist the user in the opening range breakout strategy
Highlights to the user the deviation from the Moving Average due to an opening range breakout so that the user is better informed on whether to avoid entering a position, exit a position, or monitor the situation more closely
Highlights area of support or resistance formed by the Moving Average of Bollinger Band
Inform the user of the current trend direction to serve as confluence during an opening range breakout
What sets this indicator apart from others
In other ORB indicators, the opening range must be a multiple of the current chart's timeframe, restricting users on the intraday timeframes that can be used. E.g. if the user is using the 15 minutes opening range, they are restricted to use the 1, 3, 5, 15 minute(s) chart.
This indicator gives the user the flexibility to set any opening range above 1 min on any intraday timeframe. E.g. if the user is using the 15 minutes opening range, they are free to use any intraday timeframe on their chart, such as 1 hour or 2 hours chart.
How to use
Input the opening time range of interest in minutes
Check the "ORB region" checkbox to shade the ORB region
Check the "PRICE LEVEL" checkbox to draw a horizontal line of the high and low
Check the "PRICE AXIS" checkbox to plot the values on the price axis
Check the "LABEL" checkbox to draw a label of the high and low
Katalyst's Opening Range BreakoutKatalyst's Opening Range Breakout + No Trade Zone
📜 Overview:
This indicator allows traders to visualize the high and low of the opening range for a user-selected timeframe (e.g., 30s, 1m, 5m, 15m). It features fully customizable lines, labels, and an optional **No Trade Zone** fill to help you identify breakout levels with ease.
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🎯 Key Features:
1. **Customizable Opening Range**:
- Select your preferred opening range duration: **30 seconds, 1 minute, 2 minutes, 5 minutes, 10 minutes, or 15 minutes**.
- The indicator calculates and plots the **high** and **low** of the selected opening range.
2. **Dynamic Line Styling**:
- Choose the **line color**, **transparency**, and **style**: **Solid, Dashed, or Dotted**.
- Lines extend to the right of the chart for clarity.
3. **No Trade Zone** *(Optional / Disabled by default)*:
- When enabled, fills the area between the high and low lines with a customizable **color and transparency**.
- Helps visually identify consolidation areas where trading might be avoided.
4. **Labels for Precision**:
- Clearly displays the **Opening Range High** and **Low** values.
- Labels are color-coded and positioned dynamically for easy interpretation.
5. **Clean and Efficient Updates**:
- The indicator deletes old lines, labels, and fills before creating new ones, ensuring a clutter-free chart.
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⚙️ How to Use:
1. **Select Your Timeframe**:
- From the settings, choose your desired opening range duration: 30s, 1m, 2m, 5m, 10m, or 15m.
2. **Customize the Visuals**:
- Adjust line color, style, and transparency.
- Enable the **No Trade Zone** for a transparent background fill between the high and low lines.
3. **Interpret the Breakout**:
- Watch for price movements above or below the **opening range** to identify potential breakout opportunities.
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🛠 Settings:
Opening Range Duration: Select the timeframe for the opening range (30s, 1m, 2m, 5m, 10m, 15m).
Line Color: Set the color of the range lines.
Line Transparency: Adjust the transparency of the lines (0 = solid, 100 = invisible).
Line Style: Choose line style: Solid, Dashed, or Dotted.
Label Colors: Customize the label colors for the high and low values.
Enable No Trade Zone: Fill the area between high and low lines with a transparent color.
No Trade Zone Color: Set the fill color for the no trade zone.
No Trade Zone Transparency: Adjust the transparency of the no trade zone fill.
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📈 Ideal For
Day traders and scalpers looking to trade **breakouts**.
Traders who want to identify areas of consolidation visually.
Anyone who relies on the **opening range** for their trading strategy.
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🔍 Example Usage:
Set the opening range to **5 minutes** and enable the **No Trade Zone** with a light red fill.
Watch for price to break above or below the high/low lines to signal potential trade opportunities.
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✨ Why Use This Indicator?
This script simplifies your breakout strategy by providing a clear, visually appealing representation of the opening range. The flexible customization options and the optional **No Trade Zone** make it a powerful tool for identifying high-probability trades.
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Let me know if you need any additional tweaks or clarifications for this description. It's all set to help traders understand and use your powerful script! 🚀📈
Opening Range with Breakouts & Targets [LuxAlgo]Opening Range with Breakouts & Targets is based on the long-standing Opening Range Breakout strategy popularized by traders such as Toby Crabel and Mark Fisher.
This indicator measures and displays the price range created from the first period within a new trading session, along with price breakouts from that range and targets associated with the range width.
🔶 USAGE
The Opening Range (OR) can be a powerful tool for making a clear distinction between ranging and trending trading days. Using a rigid structure for drawing a range, provides a consistent basis to make judgments and comparisons that will better assist the user in determining a hypothesis for the day's price action.
NOTE: During a suspected "Range Day", the Opening Range can be used for reversion strategies, typically targeting the opposite extreme of the range or the mean of the range. However, more commonly the Opening Range is used for breakouts on suspected "Trend Days", targeting further upward or downward market movement.
The common Opening Range Breakout Strategy (ORB) outlines a structure to enter and exit positions based on rigid points determined by the Opening Range. This methodology can be adjusted based on markets or trading styles.
Determine Opening Range High & Low: These are the high and low price within a chosen period of time after the market opens. This can be customized to the user's trading style and preference. Common Ranges are from 5-60 mins.
Watch for a Breakout with Volume: A Breakout occurs when price crosses the OR High (ORH) or OR Low (ORL), an increase in volume is typically desired when witnessing these breakouts to confirm a stronger movement.
Manage Risk: Based on user preference and the appropriately determined amount of risk, multiple ways can be determined to manage risk by using Opening Range.
For Example: A stop-loss could be set at OR Mean (ORM) or the opposite side of the range, while a profit target could optionally be set at the first price target generated by the script.
Alternatively, a user might want to use a Moving Average (MA) as an adaptive stop-loss and use price targets to scale out. These are just 2 examples of the possible options, both capable with this tool.
🔹 Signals
Signals will fire based on the break of the opening range, this is indicated by arrows above and below the range boundaries.
Optionally, a bias can be added to these signals to aid in mitigating false signals by using a directional filter based on the current day's OR relative to the previous day's OR.
Regardless of the signal bias being enabled, the Opening Range Zone will always be colored directionally according to this.
If the current day's OR is above the previous day's OR, the Zone will be Green.
If the current day's OR is below the previous day's OR, the Zone will be Red.
By enabling the signal bias, signals in the opposite direction of the daily bias will fire on the cross of the first target in that direction.
🔹 Targets
In this indicator, targets are not limited and will generate infinitely based on a % width of the Opening Range.
Additionally, there are 2 display methods for these targets.
Extended: Extends the targets to the current bar and displays all targets that have been crossed so far within the session.
Adaptive: Extends only the 2 closest targets surrounding price, allowing for a display consisting of fewer lines at one time.
🔶 DETAILS
🔹 Historical Display
This indicator can be utilized in multiple ways, for use in real-time, and for historical analysis to form methods. Because of this, the indicator has an option to display only the current day's data or the entire historical data. This can also help clean up the chart when it is in use.
🔹 Time Period
The specific time period to create the opening range is entirely up to each user's preference, by default it is set to 30 mins; however, this time period can be edited with full control if desired.
Simply toggle on the "Custom Range" and input a range of time to create the range.
🔹 Session Moving Average
The Session Moving Average is a common Moving Average, which resets at the beginning of a new session. This allows for an unbiased MA that was created entirely from the current session's price action.
Note: The start of the session is determined by the start of the Opening Range if using a custom range of time.
🔶 SETTINGS
Show Historical Data: Choose to display only the current session's data or the full history of data.
Opening Range Time Period: Select the time period to form the opening range from. This operates on Session Start, so it will change with the chart.
Custom Range: Opt for a custom Range by enabling this and inputting your range times as well as your needed timezone.
Breakout Signal Bias: Select if the Breakout Signals will use a Daily Directional Bias for firing.
Target % of Range: Sets the % of the Range width that will be used as an increment for the Targets to display in.
Target Cross Source: Choose to use the Close price or High/Low price as the crossing level for Target displays. When this source crosses a target it will generate more targets.
Target Display: Choose which style of display to use for targets.
Session Moving Average: Optionally enable a Moving average of your choice that resets at the beginning of each session (start of opening range).
Hourly Ranges [QuantVue]The "Hourly Ranges" indicator is designed to track and visualize the price ranges for each hour of the trading day. It calculates the difference between the high and low prices, as well as the differences between the high and open, and the open and low prices for each hourly candle. This data is stored and used to draw range lines on the chart.
This indicator is particularly useful for traders who want to monitor how price behaves during specific hours, identify potential support and resistance levels, and make trading decisions based on historical hourly price data.
Traders can use the hourly ranges to gauge market volatility and set expectations for price movement within each hour. The drawn levels on the chart represent the average high (resistance) and low (support) price ranges for each hour. These levels can serve as potential entry or exit points for trades, offering clear markers for setting stop-loss or take-profit orders.
By observing how price interacts with these hourly levels, traders can confirm trends or spot reversals. For example, if the price repeatedly touches and bounces off a specific hourly support level, it could indicate strong buying interest at that level.
The average range calculation gives traders a sense of the typical price movement during specific hours. This helps in assessing whether the market is more volatile during certain periods, which can be crucial for adjusting trading strategies and position sizing.
This indicator is particularly useful for traders who want to monitor how price behaves during specific hours, identify potential support and resistance levels, and make trading decisions based on historical hourly price data.
Negroni Opening Range StrategyStrategy Summary:
This tool can be used to help identify breakouts from a range during a time-zone of your choosing. It plots a pre-market range, an opening range, it also includes moving average levels that can be used as confluence, as well as plotting previous day SESSION highs and lows.
There are several options on how you wish to close out the trades, all described in more detail below.
Back-testing Inputs:
You define your timezone.
You define how many trades to open on any given day.
You decide to go: long only, short only, or long & short (CAREFUL: "Long & Short" can open trades that effectively closes-out existing ones, for better AND worse!)
You define between which times the strategy will open trades.
You define when it closes any open trades (preventing overnight trades, or leaving trades open into US data times!!).
This hopefully helps make back-testing reflect YOUR trading hours.
NOTE: Renko or Heikin-Ashi charts
For ALL strategies, don’t use Renko or Heikin-Ashi charts unless you know EXACTLY the implications.
Specific to my strategy, using a renko chart can make this 85-90% profitable (I wish it was!!) Although they can be useful, renko charts don’t always capture real wicks, so the renko chart may show your trade up-only but your broker (who is not using renko!!) will have likely stopped you out on a wick somewhere along the line.
NOTE: TradingView ‘Deep backtesting’
For ALL strategies, be cynical of all backtesting (e.g. repainting issues etc) as well as ‘Deep backtesting’ results.
Specific to this strategy, the default settings here SHOULD BE OK, but unfortunately at the time of writing, we can’t see on the chart what exactly ‘deep backtesting’ is calculating. In the past I have noted a number of trades that were not closed at the end of the day, despite my ‘end of day’ trade closing being enabled, so there were big winners and losers that would not have materialized otherwise. As I say, this seems ok at these settings but just always be cynical!!
Opening Range Inputs
You define a pre-market range (example: 08:00 - 09:00).
You define an opening range (example: 09:00 - 09:30).
The strategy will give an update at the close of the opening range to let you know if the opening range has broken out the pre-market range (OR Breakout), or if it has remained inside (OR Inside). The label appears at the end of the opening range NOT at the bar that ‘broke-out’.
This is just a visual cue for you, it has no bearing on what the strategy will do.
The strategy default will trade off the pre-market range, but you can untick this if you prefer to trade off the opening range.
Opening Trades:
Strategy goes long when the bar (CLOSE) crosses-over the ‘pre-market’ high (not the ‘opening range’ high); and the time is within your trading session, and you have not maxed out your number of trades for the day!
Strategy goes short when the bar (CLOSE) crosses-under the ‘pre-market’ low (not the ‘opening range low); and the time is within your trading session, and you have not maxed out your number of trades for the day!
Remember, you can untick this if you prefer to trade off the opening range instead.
NOTES:
Using momentum indicators can help (RSI and MACD): especially to trade range plays in failed breakouts, when momentum shifts… but the strategy won’t do this for you!
Using an anchored vwap at the session open can also provide nice confluence, as well as take-profit levels at the upper/lower of 3x standard deviation.
CLOSING TRADES:
You have 6 take-profit (TP) options:
1) Full TP: uses ATR Multiplier - Full TP at the ATR parameters as defined in inputs.
2) Take Partial profits: ATR Multiplier - Takes partial profits based on parameters as defined in inputs (i.e close 40% of original trade at TP1, close another 40% of original trade at TP2, then the remainder at Full TP as set in option 1.).
3) Full TP: Trailing Stop - Applies a Trailing Stop at the number of points, as defined in inputs.
4) Full TP: MA cross - Takes profit when price crosses ‘Trend MA’ as defined in inputs.
5) Scalp: Points - closes at a set number of points, as defined in inputs.
6) Full TP: PMKT Multiplier - places a SL at opposite pre-market Hi/Low (we go long at a break-out of the pre-market high, 50% would place a SL at the pre-market range mid-point; 100% would place a SL at the pre-market low)'. This takes profit at the input set in option 1).
ICT opening price lineShows you the opening price of a certain time of day. I will show as line starting from the time selected and ending a few bars into the future. Available times are the ones ICT said are relevant for framing a premium and discount using opening prices: 00:00, 8:30 and 13:30. To show all 3 you have to add the indicator 3 times.
The script offers some customization on how the line should look line and if you want a label telling the time of it after the line.
