OPEN-SOURCE SCRIPT
Europe Open Levels PRO
Europe Open Levels PRO is a clean and lightweight intraday trading tool designed specifically for European market open traders.
This indicator automatically plots the most important institutional intraday reference levels for the European session:
* Overnight High (ONH)
* Overnight Low (ONL)
* Previous Day High (PDH)
* Previous Day Low (PDL)
* Opening Range High (ORH)
* Opening Range Low (ORL)
The script is optimized for traders focusing on:
* DAX (DE40)
* UK100 (FTSE)
* European index CFDs
* Opening range breakouts
* Liquidity sweeps
* Scalping and short-term intraday trading
---
## Features
### Overnight High / Low (ONH / ONL)
Tracks the overnight session liquidity range before the European cash open.
Useful for:
* liquidity grabs
* stop hunts
* reversal setups
* breakout continuation
---
### Previous Day High / Low (PDH / PDL)
Uses the European cash session only (09:00–17:30 CET) instead of full 24h CFD data.
This provides cleaner and more relevant institutional reference levels for intraday trading.
---
### Opening Range (OR)
Automatically calculates the Opening Range High and Low after the European market open.
The Opening Range duration is fully customizable.
Ideal for:
* OR breakouts
* momentum confirmation
* trend continuation setups
* fakeout detection
---
## Designed For
This indicator is especially useful for traders who use:
* Price Action
* Smart Money Concepts (SMC)
* Market Structure
* Liquidity concepts
* CHoCH / BOS
* Opening Range trading
---
## Clean Visual Design
* Lightweight and non-cluttered
* Thin institutional-style level plotting
* Dynamic labels
* Session-aware calculations
* Optimized for intraday charts
---
## Recommended Timeframes
Best used on:
* 1 Minute
* 3 Minute
* 5 Minute
* 15 Minute
---
## Notes
* Timezone: Europe/Berlin
* Designed for European market sessions
* Best suited for active intraday traders and scalpers
If you find this indicator useful, feel free to like and share it with the TradingView community.
This indicator automatically plots the most important institutional intraday reference levels for the European session:
* Overnight High (ONH)
* Overnight Low (ONL)
* Previous Day High (PDH)
* Previous Day Low (PDL)
* Opening Range High (ORH)
* Opening Range Low (ORL)
The script is optimized for traders focusing on:
* DAX (DE40)
* UK100 (FTSE)
* European index CFDs
* Opening range breakouts
* Liquidity sweeps
* Scalping and short-term intraday trading
---
## Features
### Overnight High / Low (ONH / ONL)
Tracks the overnight session liquidity range before the European cash open.
Useful for:
* liquidity grabs
* stop hunts
* reversal setups
* breakout continuation
---
### Previous Day High / Low (PDH / PDL)
Uses the European cash session only (09:00–17:30 CET) instead of full 24h CFD data.
This provides cleaner and more relevant institutional reference levels for intraday trading.
---
### Opening Range (OR)
Automatically calculates the Opening Range High and Low after the European market open.
The Opening Range duration is fully customizable.
Ideal for:
* OR breakouts
* momentum confirmation
* trend continuation setups
* fakeout detection
---
## Designed For
This indicator is especially useful for traders who use:
* Price Action
* Smart Money Concepts (SMC)
* Market Structure
* Liquidity concepts
* CHoCH / BOS
* Opening Range trading
---
## Clean Visual Design
* Lightweight and non-cluttered
* Thin institutional-style level plotting
* Dynamic labels
* Session-aware calculations
* Optimized for intraday charts
---
## Recommended Timeframes
Best used on:
* 1 Minute
* 3 Minute
* 5 Minute
* 15 Minute
---
## Notes
* Timezone: Europe/Berlin
* Designed for European market sessions
* Best suited for active intraday traders and scalpers
If you find this indicator useful, feel free to like and share it with the TradingView community.
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.