Premium ORB Range Only
Premium ORB Range Only (Customizable Time Zone)
Overview
The ORB Range Only (Customizable Time Zone) is a Pine Script v6 indicator for TradingView that identifies and visualizes Opening Range Breakout (ORB) levels for intraday trading. It plots the high and low during a user-defined window (default: 15 minutes) as key reference levels and extends them through the session. A tick-snapping option aligns the start to the first bar in the window. A 1-minute fallback and optional breakout markers provide a clear, display-based workflow for studying breakout conditions.
Legal Disclaimer for TradingScript Solutions
The TradingView Pine Script 6 scripts provided by TradingScript Solutions, LLC are for informational and educational purposes only and do not constitute financial advice. All scripts, indicators, and tools are provided "as is" without warranties of any kind, express or implied, including accuracy, reliability, or fitness for a particular purpose. Users assume full responsibility for their use of the scripts and any trading decisions made. TradingScript Solutions, LLC is not liable for any losses, damages, or risks arising from the use of our products. Trading involves significant risk, and users should consult a qualified financial advisor before making investment decisions.
Features
- Customizable ORB Window: Set the duration (in minutes) and start time (12-hour format with AM/PM) to align with your trading session.
- Tick-Accurate Snapping: Ensures precise range detection by syncing with the first bar in the window.
- 1-Minute Data Fallback: Provides display-based high/low calculations for sparse tick data.
- Dynamic and Final Boxes: Visualizes the ORB range in real-time and locks in levels post-window
- Breakout Markers: Displays bullish (up) and bearish (down) triangles for price crossings.
