OPEN-SOURCE SCRIPT
Custom Session ORB - Extending Past Current Candle
Custom Session ORB - Extending Past Current Candle
This indicator plots Opening Range Breakout (ORB) levels for one or two customizable trading sessions directly on your chart. It dynamically tracks the high, low, and midpoint of the defined session(s) and extends these levels beyond the session using a configurable offset.
Features:
Supports two custom sessions.
New York and Asia pre-saved.
Automatically tracks session High, Low, and Mid.
Option to extend ORB levels past the live candle.
Option to display only the most recent ORB for a clean chart.
Configurable line thickness, style, and label size.
Works in Eastern Standard Time (EST) without manual adjustment.
Settings:
Show Labels: Toggle to display ORB values on chart.
Label Font Size: Small, Normal, Large.
Mid Line Style: Solid, Dashed, or Dotted.
ORB Line Thickness: Set line thickness of ORB levels.
Extend Past Current Candle by N Bars: Controls how far the ORB extends visually.
Show Only Current ORB: Cleans chart by removing previous session ORB levels.
Enable Session 1 / 2: Toggle individual sessions on/off.
Session Time: Set the start and end times for each session (automatically in EST).
How It Works:
The indicator monitors the defined session time, records the high, low, and midpoint, and draws lines at those levels. When the session ends, the lines are extended by the specified offset for easy breakout visualization. Labels can optionally show the exact price levels.
This indicator plots Opening Range Breakout (ORB) levels for one or two customizable trading sessions directly on your chart. It dynamically tracks the high, low, and midpoint of the defined session(s) and extends these levels beyond the session using a configurable offset.
Features:
Supports two custom sessions.
New York and Asia pre-saved.
Automatically tracks session High, Low, and Mid.
Option to extend ORB levels past the live candle.
Option to display only the most recent ORB for a clean chart.
Configurable line thickness, style, and label size.
Works in Eastern Standard Time (EST) without manual adjustment.
Settings:
Show Labels: Toggle to display ORB values on chart.
Label Font Size: Small, Normal, Large.
Mid Line Style: Solid, Dashed, or Dotted.
ORB Line Thickness: Set line thickness of ORB levels.
Extend Past Current Candle by N Bars: Controls how far the ORB extends visually.
Show Only Current ORB: Cleans chart by removing previous session ORB levels.
Enable Session 1 / 2: Toggle individual sessions on/off.
Session Time: Set the start and end times for each session (automatically in EST).
How It Works:
The indicator monitors the defined session time, records the high, low, and midpoint, and draws lines at those levels. When the session ends, the lines are extended by the specified offset for easy breakout visualization. Labels can optionally show the exact price levels.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que la republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que la republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.