Open Range Breakout - By Sajan
This is a specialized Opening Range Breakout indicator tailored for day traders focusing on Crude Oil, Gold, Indices, and Overnight futures markets.
Unlike standard ORB scripts that require manual time inputs every time you switch charts, this indicator comes hardcoded with the exact institutional opening windows for specific asset classes. Furthermore, all times are strictly pegged to New York Time (EST/EDT)—meaning whether you are trading from Canada, London, or Tokyo, the indicator dynamically aligns with the correct NY market hours without requiring manual timezone math.
Key Features
Asset-Specific Fixed Sessions: Pre-configured with the most widely respected opening ranges:
Crude Oil: 7:00 AM (5m) & 9:00 AM (5m)
Gold: 8:00 AM (5m) & 8:20 AM (30m)
Indices (ES/NQ): 8:00 AM (15m) & 9:30 AM (15m & 30m)
Overnight (Globex): 6:00 PM (5m & 15m)
Midpoint Tracking: Automatically plots dashed midpoint lines for each active ORB session to act as dynamic intraday support, resistance, or targets.
Decluttered UI: Toggle specific sessions on or off via the settings menu with a single click. Keep your chart clean by only displaying the exact ranges you are actively trading.
How to Use:
Apply the indicator to your chart and open the settings menu.
Toggle on the asset sessions you are currently trading (e.g., indices at 9:30 AM).
Use the top and bottom borders of the drawn box for breakout entries or stop-loss placements.
Watch the dashed midline for mean-reversion plays or intraday pivots.
(Note: All times are hardcoded to the "America/New_York" timezone to ensure perfect alignment regardless of your local chart settings.)
Unlike standard ORB scripts that require manual time inputs every time you switch charts, this indicator comes hardcoded with the exact institutional opening windows for specific asset classes. Furthermore, all times are strictly pegged to New York Time (EST/EDT)—meaning whether you are trading from Canada, London, or Tokyo, the indicator dynamically aligns with the correct NY market hours without requiring manual timezone math.
Key Features
Asset-Specific Fixed Sessions: Pre-configured with the most widely respected opening ranges:
Crude Oil: 7:00 AM (5m) & 9:00 AM (5m)
Gold: 8:00 AM (5m) & 8:20 AM (30m)
Indices (ES/NQ): 8:00 AM (15m) & 9:30 AM (15m & 30m)
Overnight (Globex): 6:00 PM (5m & 15m)
Midpoint Tracking: Automatically plots dashed midpoint lines for each active ORB session to act as dynamic intraday support, resistance, or targets.
Decluttered UI: Toggle specific sessions on or off via the settings menu with a single click. Keep your chart clean by only displaying the exact ranges you are actively trading.
How to Use:
Apply the indicator to your chart and open the settings menu.
Toggle on the asset sessions you are currently trading (e.g., indices at 9:30 AM).
Use the top and bottom borders of the drawn box for breakout entries or stop-loss placements.
Watch the dashed midline for mean-reversion plays or intraday pivots.
(Note: All times are hardcoded to the "America/New_York" timezone to ensure perfect alignment regardless of your local chart settings.)
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.