OPEN-SOURCE SCRIPT
ICT Opening Range Gap by Laofengtrading
This indicator marks the Opening Range Gap (ORG) based on New York time.
The ORG is calculated from the previous day 16:14 close to the current day 09:30 open. Once the New York 09:30 open occurs, the indicator draws the gap area and three key levels:
ORG High:
The higher price between the previous 16:14 close and the 09:30 open.
ORG Low:
The lower price between the previous 16:14 close and the 09:30 open.
ORG C.E:
The 50% level of the gap, also known as Consequent Encroachment.
Features:
- Uses fixed New York time
- Displays only after the 09:30 open
- Shows only the current day’s ORG
- Automatically hides all ORG levels before 09:30
- Draws the ORG area as a background box
- Marks ORG High, ORG Low, and ORG C.E
- Customizable colors, line widths, and labels
- Uses 1-minute data internally for accurate 16:14 close and 09:30 open detection
This tool is designed for traders who use ICT concepts and opening range gap levels as part of their intraday analysis.
The ORG is calculated from the previous day 16:14 close to the current day 09:30 open. Once the New York 09:30 open occurs, the indicator draws the gap area and three key levels:
ORG High:
The higher price between the previous 16:14 close and the 09:30 open.
ORG Low:
The lower price between the previous 16:14 close and the 09:30 open.
ORG C.E:
The 50% level of the gap, also known as Consequent Encroachment.
Features:
- Uses fixed New York time
- Displays only after the 09:30 open
- Shows only the current day’s ORG
- Automatically hides all ORG levels before 09:30
- Draws the ORG area as a background box
- Marks ORG High, ORG Low, and ORG C.E
- Customizable colors, line widths, and labels
- Uses 1-minute data internally for accurate 16:14 close and 09:30 open detection
This tool is designed for traders who use ICT concepts and opening range gap levels as part of their intraday analysis.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.