OPEN-SOURCE SCRIPT
Multi-ORB [4 Sessions]

The Multi-ORB indicator is a highly customizable tool designed for day traders who rely on Opening Range Breakout strategies to capture early momentum. This script allows you to plot up to four distinct Opening Range sessions on a single chart, making it easy to monitor multiple timeframes (such as the 5-minute, 15-minute, 30-minute, and 60-minute ORBs) simultaneously without cluttering your workspace.
Perfect for trading the New York open in equity indices and futures markets (like the Nasdaq or S&P 500), this indicator locks to "America/New_York" time, ensuring your opening ranges are always accurate regardless of your local timezone.
Key Features:
4 Independent ORBs: Toggle up to four separate opening ranges on or off. Fully customize the start and end times for each session.
Midline Tracking: Automatically calculates and plots the exact midline (50% level) for every active ORB, providing an essential pivot point for intraday price action.
Two-Tone Gradient Fills: Features a visually clean, dual-gradient background fill. The upper zone (High to Midline) and lower zone (Midline to Low) can be colored independently to help you instantly visualize bullish versus bearish positioning within the range.
Full Aesthetic Control: Easily adjust the colors, transparency, line styles (solid, dashed, dotted), and line thickness directly from the indicator settings to fit your personal charting theme.
Clean Overlaps: Gradient transparencies are optimized so that multiple ORB zones can overlap seamlessly, highlighting confluence areas where multiple timeframes align.
Whether you use the opening range for breakout entries, stop-loss placement, or identifying key intraday support and resistance, this indicator provides a clean, all-in-one visual solution.
Perfect for trading the New York open in equity indices and futures markets (like the Nasdaq or S&P 500), this indicator locks to "America/New_York" time, ensuring your opening ranges are always accurate regardless of your local timezone.
Key Features:
4 Independent ORBs: Toggle up to four separate opening ranges on or off. Fully customize the start and end times for each session.
Midline Tracking: Automatically calculates and plots the exact midline (50% level) for every active ORB, providing an essential pivot point for intraday price action.
Two-Tone Gradient Fills: Features a visually clean, dual-gradient background fill. The upper zone (High to Midline) and lower zone (Midline to Low) can be colored independently to help you instantly visualize bullish versus bearish positioning within the range.
Full Aesthetic Control: Easily adjust the colors, transparency, line styles (solid, dashed, dotted), and line thickness directly from the indicator settings to fit your personal charting theme.
Clean Overlaps: Gradient transparencies are optimized so that multiple ORB zones can overlap seamlessly, highlighting confluence areas where multiple timeframes align.
Whether you use the opening range for breakout entries, stop-loss placement, or identifying key intraday support and resistance, this indicator provides a clean, all-in-one visual solution.
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。
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。