OPEN-SOURCE SCRIPT

NY Open Candle Indicator

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The NY Open Candle Indicator identifies significant opening range activity at the New York stock market open.

It highlights the 09:30–09:45 EST 15-minute candle when its range (high - low) exceeds a user-defined percentage of the daily ATR (default 25%).

- Bullish wide-range candles are colored green
- Bearish wide-range candles are colored red

A small table displays:
- Current Daily ATR
- The threshold value (user % of ATR in price terms)

An alert condition is included — create an alert for "Wide NY Open Range Detected" to get notified when a qualifying candle closes.

Perfect for traders watching opening range breakouts, volatility expansion, or momentum at the NY open.

Requirements:
- Use on 15-minute timeframe
- Set chart timezone to America/New_York

Enjoy!

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