OPEN-SOURCE SCRIPT

Open Session Candle Highlight + ATR and TR

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*UPDATED SCRIPT*

Highlights the opening candle of the selected forex session while displaying Opening Range (OR) and volatility statistics.

Features

* Highlights the opening candle for:
* Asian Session
* London Session
* New York Session
* Displays:
* Opening Range (OR)
* Volatility Value
* Opening Range as a percentage of volatility
* Customizable:
* ATR Length
* ATR Source
* Opening Candle Color
* Label Position
* Label Background
* Label Text Color

ATR Source Options

Current Timeframe
Calculates ATR using the selected chart timeframe (e.g., a 15-minute chart uses the last 14 fifteen-minute candles).

Daily ATR
Calculates ATR using the daily timeframe over the specified ATR length, regardless of the chart timeframe.

Previous Day TR
Uses the previous trading day’s completed True Range as the volatility reference

Aviso legal

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