OPEN-SOURCE SCRIPT
Orange 30M ORB Indicator
Orange 30M ORB Indicator — Brief Description
The Orange 30M ORB Indicator identifies key market ranges by capturing the opening range high and low of selected trading sessions and displaying them inside an extended rectangle box with an optional 50% midpoint level.
After the range is established, the indicator monitors price for a confirmed breakout and highlights valid retest opportunities. A qualifying retest occurs when price returns to the breakout area — from the range boundary up to the breakout candle close — while confirming strength by keeping the candle body outside the original range.
All valid bullish and bearish retest candles are automatically colored orange for easy identification across supported timeframes.
Primary Features:
Multi-session opening range tracking
Extended range boxes with historical session display
Optional midpoint reference level
Bullish and bearish breakout/retest detection
Retests validated from range edge to breakout candle close
Orange candle highlighting for all qualifying setups
Adjustable sessions, timeframes, colors, and alerts
The purpose of this indicator is to help traders identify breakout continuation setups by marking important session liquidity zones and highlighting high-quality retests after price leaves the range.
The Orange 30M ORB Indicator identifies key market ranges by capturing the opening range high and low of selected trading sessions and displaying them inside an extended rectangle box with an optional 50% midpoint level.
After the range is established, the indicator monitors price for a confirmed breakout and highlights valid retest opportunities. A qualifying retest occurs when price returns to the breakout area — from the range boundary up to the breakout candle close — while confirming strength by keeping the candle body outside the original range.
All valid bullish and bearish retest candles are automatically colored orange for easy identification across supported timeframes.
Primary Features:
Multi-session opening range tracking
Extended range boxes with historical session display
Optional midpoint reference level
Bullish and bearish breakout/retest detection
Retests validated from range edge to breakout candle close
Orange candle highlighting for all qualifying setups
Adjustable sessions, timeframes, colors, and alerts
The purpose of this indicator is to help traders identify breakout continuation setups by marking important session liquidity zones and highlighting high-quality retests after price leaves the range.
开源脚本
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。