OPEN-SOURCE SCRIPT
GFG ORB Asia London New York by Agaam
GFG ORB Asia London New York by Agaam
GFG ORB Asia London New York by Agaam is a multi-session Opening Range Breakout indicator designed to help traders mark the opening range for the Asia, London, and New York trading sessions.
The indicator draws separate ORB zones for each session and displays the session ORB high, ORB low, and optional midpoint. It is built to keep the chart clean by using boxes and lines only, without buy/sell labels or price labels covering candles.
What This Indicator Shows:
• Asia ORB
The script tracks the Asia opening range using the selected Asia ORB time window. It draws the Asia ORB box, Asia high line, Asia low line, and optional midpoint.
• London ORB
The script tracks the London opening range using the selected London ORB time window. It draws the London ORB box, London high line, London low line, and optional midpoint.
• New York ORB
The script tracks the New York opening range using the selected New York ORB time window. It draws the New York ORB box, New York high line, New York low line, and optional midpoint.
• ORB Box
Each session can display a highlighted box around its opening range.
• ORB High and Low Lines
Each session can display horizontal high and low levels based on the session opening range.
• Optional Mid Line
The midpoint between the ORB high and ORB low can be turned on in the settings.
• Breakout Tracking
The script internally tracks when price breaks above or below each session’s ORB high or low. Breakout confirmation can be set to Close or Wick.
• Clean Chart Design
The indicator does not display buy/sell labels, price labels, or text labels on the chart. This helps keep candles and price action easier to read.
Default Session Settings:
Asia:
ORB Window: 8:00 PM – 8:30 PM New York time
Trading Window: 8:00 PM – 12:00 AM New York time
London:
ORB Window: 3:00 AM – 3:30 AM New York time
Trading Window: 3:00 AM – 6:00 AM New York time
New York:
ORB Window: 9:30 AM – 10:00 AM New York time
Trading Window: 9:30 AM – 4:00 PM New York time
All session times can be adjusted in the indicator settings.
How It Works:
During each selected ORB window, the script records the highest high and lowest low. Once the ORB window is complete, those levels become the opening range reference for that session.
The ORB high and ORB low are then shown during the related trading window. If the optional midpoint is enabled, the script also plots the middle of the range.
The indicator can track breakouts above the ORB high or below the ORB low using either candle close confirmation or wick confirmation, depending on the selected setting.
How to Use:
1. Add the indicator to your chart.
2. Select the session timezone you want to use.
3. Turn Asia, London, or New York sessions on or off depending on your trading plan.
4. Adjust the ORB window for each session if needed.
5. Adjust the trading window for each session if needed.
6. Use the ORB high and ORB low as important session reference levels.
7. Watch how price reacts near the ORB high, ORB low, and optional midpoint.
8. Combine the ORB levels with your own market structure, trend, volume, VWAP, support and resistance, supply and demand, or other confirmation tools.
9. Avoid treating an ORB break as an automatic trade entry. The levels are reference areas, not guaranteed signals.
Suggested Use Cases:
• Marking Asia, London, and New York opening ranges
• Watching session high and low breakout areas
• Comparing price behavior across major sessions
• Studying liquidity around session opens
• Identifying possible breakout, rejection, or retest areas
• Keeping a cleaner ORB chart without labels covering candles
Settings Overview:
• Show Asia ORB
Turns the Asia ORB on or off.
• Show London ORB
Turns the London ORB on or off.
• Show New York ORB
Turns the New York ORB on or off.
• ORB Session
Controls the time window used to calculate the opening range.
• Trading Session
Controls how long the ORB box and lines continue to display for that session.
• Break Confirmation
Close mode requires candle close beyond the ORB level.
Wick mode reacts when the candle wick breaks the ORB level.
• Allow Both Long And Short In Same Session
When enabled, the script can internally track both upside and downside breaks in the same session.
• Show ORB Box
Turns the highlighted ORB box on or off.
• Show ORB High / Low Lines
Turns the ORB high and low lines on or off.
• Show Mid Line
Turns the optional midpoint line on or off.
Important Notes:
The opening range updates while the ORB window is still forming. Once the ORB window ends, the ORB high and ORB low become fixed for that session.
ORB levels are visual reference levels. Price may break an ORB level and continue, reverse, retest, or consolidate.
This indicator does not predict future price direction and does not guarantee profitable trades.
This indicator is not a standalone trading system. It should be used with additional analysis, confirmation, and proper risk management.
Disclaimer:
This script is for educational and informational purposes only. It is not financial advice, investment advice, or a guaranteed signal system. Trading involves risk. Always use your own analysis, confirmation, and risk management before making any trading decision.
GFG ORB Asia London New York by Agaam is a multi-session Opening Range Breakout indicator designed to help traders mark the opening range for the Asia, London, and New York trading sessions.
The indicator draws separate ORB zones for each session and displays the session ORB high, ORB low, and optional midpoint. It is built to keep the chart clean by using boxes and lines only, without buy/sell labels or price labels covering candles.
What This Indicator Shows:
• Asia ORB
The script tracks the Asia opening range using the selected Asia ORB time window. It draws the Asia ORB box, Asia high line, Asia low line, and optional midpoint.
• London ORB
The script tracks the London opening range using the selected London ORB time window. It draws the London ORB box, London high line, London low line, and optional midpoint.
• New York ORB
The script tracks the New York opening range using the selected New York ORB time window. It draws the New York ORB box, New York high line, New York low line, and optional midpoint.
• ORB Box
Each session can display a highlighted box around its opening range.
• ORB High and Low Lines
Each session can display horizontal high and low levels based on the session opening range.
• Optional Mid Line
The midpoint between the ORB high and ORB low can be turned on in the settings.
• Breakout Tracking
The script internally tracks when price breaks above or below each session’s ORB high or low. Breakout confirmation can be set to Close or Wick.
• Clean Chart Design
The indicator does not display buy/sell labels, price labels, or text labels on the chart. This helps keep candles and price action easier to read.
Default Session Settings:
Asia:
ORB Window: 8:00 PM – 8:30 PM New York time
Trading Window: 8:00 PM – 12:00 AM New York time
London:
ORB Window: 3:00 AM – 3:30 AM New York time
Trading Window: 3:00 AM – 6:00 AM New York time
New York:
ORB Window: 9:30 AM – 10:00 AM New York time
Trading Window: 9:30 AM – 4:00 PM New York time
All session times can be adjusted in the indicator settings.
How It Works:
During each selected ORB window, the script records the highest high and lowest low. Once the ORB window is complete, those levels become the opening range reference for that session.
The ORB high and ORB low are then shown during the related trading window. If the optional midpoint is enabled, the script also plots the middle of the range.
The indicator can track breakouts above the ORB high or below the ORB low using either candle close confirmation or wick confirmation, depending on the selected setting.
How to Use:
1. Add the indicator to your chart.
2. Select the session timezone you want to use.
3. Turn Asia, London, or New York sessions on or off depending on your trading plan.
4. Adjust the ORB window for each session if needed.
5. Adjust the trading window for each session if needed.
6. Use the ORB high and ORB low as important session reference levels.
7. Watch how price reacts near the ORB high, ORB low, and optional midpoint.
8. Combine the ORB levels with your own market structure, trend, volume, VWAP, support and resistance, supply and demand, or other confirmation tools.
9. Avoid treating an ORB break as an automatic trade entry. The levels are reference areas, not guaranteed signals.
Suggested Use Cases:
• Marking Asia, London, and New York opening ranges
• Watching session high and low breakout areas
• Comparing price behavior across major sessions
• Studying liquidity around session opens
• Identifying possible breakout, rejection, or retest areas
• Keeping a cleaner ORB chart without labels covering candles
Settings Overview:
• Show Asia ORB
Turns the Asia ORB on or off.
• Show London ORB
Turns the London ORB on or off.
• Show New York ORB
Turns the New York ORB on or off.
• ORB Session
Controls the time window used to calculate the opening range.
• Trading Session
Controls how long the ORB box and lines continue to display for that session.
• Break Confirmation
Close mode requires candle close beyond the ORB level.
Wick mode reacts when the candle wick breaks the ORB level.
• Allow Both Long And Short In Same Session
When enabled, the script can internally track both upside and downside breaks in the same session.
• Show ORB Box
Turns the highlighted ORB box on or off.
• Show ORB High / Low Lines
Turns the ORB high and low lines on or off.
• Show Mid Line
Turns the optional midpoint line on or off.
Important Notes:
The opening range updates while the ORB window is still forming. Once the ORB window ends, the ORB high and ORB low become fixed for that session.
ORB levels are visual reference levels. Price may break an ORB level and continue, reverse, retest, or consolidate.
This indicator does not predict future price direction and does not guarantee profitable trades.
This indicator is not a standalone trading system. It should be used with additional analysis, confirmation, and proper risk management.
Disclaimer:
This script is for educational and informational purposes only. It is not financial advice, investment advice, or a guaranteed signal system. Trading involves risk. Always use your own analysis, confirmation, and risk management before making any trading decision.
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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。