OPEN-SOURCE SCRIPT
Multi Session ORB

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.
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.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.