OPEN-SOURCE SCRIPT
Open Session Candle Highlight + ATR and TR
*UPDATED SCRIPT*
Highlights the opening candle of the selected forex session while displaying Opening Range (OR) and volatility statistics.
Features
* Highlights the opening candle for:
* Asian Session
* London Session
* New York Session
* Displays:
* Opening Range (OR)
* Volatility Value
* Opening Range as a percentage of volatility
* Customizable:
* ATR Length
* ATR Source
* Opening Candle Color
* Label Position
* Label Background
* Label Text Color
ATR Source Options
Current Timeframe
Calculates ATR using the selected chart timeframe (e.g., a 15-minute chart uses the last 14 fifteen-minute candles).
Daily ATR
Calculates ATR using the daily timeframe over the specified ATR length, regardless of the chart timeframe.
Previous Day TR
Uses the previous trading day’s completed True Range as the volatility reference
Highlights the opening candle of the selected forex session while displaying Opening Range (OR) and volatility statistics.
Features
* Highlights the opening candle for:
* Asian Session
* London Session
* New York Session
* Displays:
* Opening Range (OR)
* Volatility Value
* Opening Range as a percentage of volatility
* Customizable:
* ATR Length
* ATR Source
* Opening Candle Color
* Label Position
* Label Background
* Label Text Color
ATR Source Options
Current Timeframe
Calculates ATR using the selected chart timeframe (e.g., a 15-minute chart uses the last 14 fifteen-minute candles).
Daily ATR
Calculates ATR using the daily timeframe over the specified ATR length, regardless of the chart timeframe.
Previous Day TR
Uses the previous trading day’s completed True Range as the volatility reference
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.