ORB - Opening Range Breakout

This script plots the high/low of any custom session and extends it until the daily close. It does not show on the timeframe higher than the length of custom opening session by default.

The time period of opening range & the max timeframe to display it on can be adjusted from the settings.

So for eg. if want to use 5m ORB to trade, then set "ORB total time" as 5min & "Session Time" as whatever is the opening 5mins time period of ticker that are trading.

Release Notes

This script plots the high/low of any custom session and extends it for a period of 24 hours. It does not show on the timeframe higher than the length of custom opening session by default.

The time period of opening range & the max timeframe to display it on can be adjusted from the settings.

So for eg. if want to use 5m ORB to trade, then set "ORB total time" as 5min & "Session Time" as whatever is the opening 5mins time period of ticker that are trading.

Release Notes

fixed code

Release Notes

update

Release Notes

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.

zzzcrypto123

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

zzzcrypto123