OPEN-SOURCE SCRIPT
Europe Open Levels PRO
Europe Open Levels PRO is a clean and lightweight intraday trading tool designed specifically for European market open traders.
This indicator automatically plots the most important institutional intraday reference levels for the European session:
* Overnight High (ONH)
* Overnight Low (ONL)
* Previous Day High (PDH)
* Previous Day Low (PDL)
* Opening Range High (ORH)
* Opening Range Low (ORL)
The script is optimized for traders focusing on:
* DAX (DE40)
* UK100 (FTSE)
* European index CFDs
* Opening range breakouts
* Liquidity sweeps
* Scalping and short-term intraday trading
---
## Features
### Overnight High / Low (ONH / ONL)
Tracks the overnight session liquidity range before the European cash open.
Useful for:
* liquidity grabs
* stop hunts
* reversal setups
* breakout continuation
---
### Previous Day High / Low (PDH / PDL)
Uses the European cash session only (09:00–17:30 CET) instead of full 24h CFD data.
This provides cleaner and more relevant institutional reference levels for intraday trading.
---
### Opening Range (OR)
Automatically calculates the Opening Range High and Low after the European market open.
The Opening Range duration is fully customizable.
Ideal for:
* OR breakouts
* momentum confirmation
* trend continuation setups
* fakeout detection
---
## Designed For
This indicator is especially useful for traders who use:
* Price Action
* Smart Money Concepts (SMC)
* Market Structure
* Liquidity concepts
* CHoCH / BOS
* Opening Range trading
---
## Clean Visual Design
* Lightweight and non-cluttered
* Thin institutional-style level plotting
* Dynamic labels
* Session-aware calculations
* Optimized for intraday charts
---
## Recommended Timeframes
Best used on:
* 1 Minute
* 3 Minute
* 5 Minute
* 15 Minute
---
## Notes
* Timezone: Europe/Berlin
* Designed for European market sessions
* Best suited for active intraday traders and scalpers
If you find this indicator useful, feel free to like and share it with the TradingView community.
This indicator automatically plots the most important institutional intraday reference levels for the European session:
* Overnight High (ONH)
* Overnight Low (ONL)
* Previous Day High (PDH)
* Previous Day Low (PDL)
* Opening Range High (ORH)
* Opening Range Low (ORL)
The script is optimized for traders focusing on:
* DAX (DE40)
* UK100 (FTSE)
* European index CFDs
* Opening range breakouts
* Liquidity sweeps
* Scalping and short-term intraday trading
---
## Features
### Overnight High / Low (ONH / ONL)
Tracks the overnight session liquidity range before the European cash open.
Useful for:
* liquidity grabs
* stop hunts
* reversal setups
* breakout continuation
---
### Previous Day High / Low (PDH / PDL)
Uses the European cash session only (09:00–17:30 CET) instead of full 24h CFD data.
This provides cleaner and more relevant institutional reference levels for intraday trading.
---
### Opening Range (OR)
Automatically calculates the Opening Range High and Low after the European market open.
The Opening Range duration is fully customizable.
Ideal for:
* OR breakouts
* momentum confirmation
* trend continuation setups
* fakeout detection
---
## Designed For
This indicator is especially useful for traders who use:
* Price Action
* Smart Money Concepts (SMC)
* Market Structure
* Liquidity concepts
* CHoCH / BOS
* Opening Range trading
---
## Clean Visual Design
* Lightweight and non-cluttered
* Thin institutional-style level plotting
* Dynamic labels
* Session-aware calculations
* Optimized for intraday charts
---
## Recommended Timeframes
Best used on:
* 1 Minute
* 3 Minute
* 5 Minute
* 15 Minute
---
## Notes
* Timezone: Europe/Berlin
* Designed for European market sessions
* Best suited for active intraday traders and scalpers
If you find this indicator useful, feel free to like and share it with the TradingView community.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.