OPEN-SOURCE SCRIPT
ORB + Overnight Horizontal Levels
This indicator plots the key price levels I use for intraday futures trading.
It automatically calculates the 30-minute Opening Range (ORB) from the regular market open (9:30–10:00) and displays the ORB High and ORB Low as horizontal levels that extend through the session. The script also tracks the Overnight High and Overnight Low from the extended session leading into the market open.
These levels help identify important liquidity zones and areas where the market may react during the trading day.
I personally use these levels together with a manually placed Fibonacci retracement tool. Depending on which level is stronger or gets taken first (ORB or Overnight), I anchor my Fibonacci tool to measure potential retracements and continuation moves.
The goal of this indicator is to keep the chart clean while highlighting the most important intraday reference levels.
Features
• Automatic 30-minute Opening Range levels
• Overnight High and Overnight Low detection
• Horizontal levels that extend across the trading session
• Minimal visual clutter for clean charting
• Designed to be used alongside manual Fibonacci analysis
It automatically calculates the 30-minute Opening Range (ORB) from the regular market open (9:30–10:00) and displays the ORB High and ORB Low as horizontal levels that extend through the session. The script also tracks the Overnight High and Overnight Low from the extended session leading into the market open.
These levels help identify important liquidity zones and areas where the market may react during the trading day.
I personally use these levels together with a manually placed Fibonacci retracement tool. Depending on which level is stronger or gets taken first (ORB or Overnight), I anchor my Fibonacci tool to measure potential retracements and continuation moves.
The goal of this indicator is to keep the chart clean while highlighting the most important intraday reference levels.
Features
• Automatic 30-minute Opening Range levels
• Overnight High and Overnight Low detection
• Horizontal levels that extend across the trading session
• Minimal visual clutter for clean charting
• Designed to be used alongside manual Fibonacci analysis
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.