OPEN-SOURCE SCRIPT

Multi Session ORB

171
ORB NQ — Asia / London / NY Break + Reject

Multi-session Opening Range indicator for NQ (and other futures). It builds a short opening-range box for Asia, London, and New York, then marks breakouts and rejections of those boxes.

Sessions (ET, adjustable)
- Asia: 18:00–03:00
- London: 03:00–09:30 (stops when NY starts so boxes do not stack)
- New York: 09:30–16:00
The first N minutes of each session (default 15) become that session’s OR zone. Color and opacity are in settings.

Signals
- SELL (▼ above the candle): price rejects the OR high and closes back inside, or closes out the OR low (breakdown).
- BUY (▲ below the candle): price rejects the OR low and closes back inside, or closes out the OR high (breakout).

Turn Show BUY / SELL text on if you want the words on the markers.

How to read it
1. Wait until the OR window finishes (shaded build column).
2. Rejection = tap the edge, close back inside → fade that side.
3. Breakout = close beyond the box by the minimum points setting → go with that side.
4. First signal per side per session is the default (can be turned off).

Use 1m or 5m. On 15m the “15-minute OR” is a single candle, so signals will not match the 1m chart.

Useful settings
- OR length, wide-OR warning, min breakout distance
- Zone colors / opacity / show-hide per session
- VWAP filter (off by default)
- Reject buffer and optional wick filter
- Session open/close hours
- Alerts: buy breakout, sell breakdown, sell reject high, buy reject low

Not included
This is an indicator, not a strategy. No auto size, stops, or day P&L. You place and manage trades yourself.

Note
signals can be wrong sometimes
LSE cash actually runs until 11:30 ET. London’s box is cut at 09:30 ET on purpose so it does not cover the NY zone. Set London close to 11:30 if you want the real cash overlap.

Aviso legal

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