OPEN-SOURCE SCRIPT
Opening Range - Predictive Targets + Prices
An Opening Range indicator that automatically identifies the opening range, plots its key levels and generates predictive upside and downside targets based on the range size.
Designed for intraday traders who use Opening Range Breakout (ORB) strategies and want objective profit targets throughout the trading session.
How It Works
The indicator captures the selected Opening Range window and calculates:
Once the Opening Range is completed, the levels are extended throughout the session and predictive targets are automatically generated whenever price breaks above ORH or below ORL.
Predictive Targets
Targets are projected using the Opening Range size as the measurement unit.
Features
Designed for intraday traders who use Opening Range Breakout (ORB) strategies and want objective profit targets throughout the trading session.
How It Works
The indicator captures the selected Opening Range window and calculates:
- ORH - Opening Range High
- ORL - Opening Range Low
- ORM - Opening Range Midpoint
Once the Opening Range is completed, the levels are extended throughout the session and predictive targets are automatically generated whenever price breaks above ORH or below ORL.
Predictive Targets
Targets are projected using the Opening Range size as the measurement unit.
- 100% Mode - Each target equals one full Opening Range.
- 50% Mode - Each target equals half of the Opening Range.
- Automatic bullish targets above ORH.
- Automatic bearish targets below ORL.
- Configurable maximum number of targets per session.
Features
- Automatic Opening Range detection.
- Custom session and timezone support.
- Dynamic OR High, OR Low and Midpoint levels.
- Automatic target generation after breakout confirmation.
- Independent bullish and bearish target projections.
- Optional price values displayed directly on labels.
- Custom label positioning for Opening Range levels and targets.
- Fully customizable line styles, colors and thickness.
- Optional historical sessions display.
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免責聲明
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免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。