OPEN-SOURCE SCRIPT
Updated Opening Range Rejection (ORR) - NY Open
Opening Range Rejection (ORR) – NY Open
Detects powerful reversal setups when price fakes out the New York opening range (9:30 AM ET) and rejects back inside.
- Clear BUY (downside rejection) and SELL (upside rejection) signals
- Persistent OR High & Low lines
- Live dashboard with current status
- Non-repainting
- Works on 5m, 15m, and 30m charts
Great for stocks, indices, and futures day trading.
Highly effective when combined with volume or structure analysis.
Detects powerful reversal setups when price fakes out the New York opening range (9:30 AM ET) and rejects back inside.
- Clear BUY (downside rejection) and SELL (upside rejection) signals
- Persistent OR High & Low lines
- Live dashboard with current status
- Non-repainting
- Works on 5m, 15m, and 30m charts
Great for stocks, indices, and futures day trading.
Highly effective when combined with volume or structure analysis.
Release Notes
Fixed Friday Session Bug (Day-of-Week Correction)Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.