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Customizable ORB Box

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Customizable ORB Box

📘 Description
A powerful and flexible Opening Range Breakout (ORB) visualization tool designed for intraday traders. This indicator plots the opening range using either the first candle or a user-defined custom timeframe, and updates in real time.

🔧 Key Features
First Candle Mode – Plots the high/low range of the first candle of each new trading day.

Custom Timeframe Mode – Builds the ORB box live over a chosen duration (e.g., 5, 15, 30 minutes) and finalizes it after the timeframe completes.

Dynamic Box Colors – Bullish and bearish color themes based on range closure direction.

Multi-Day Plotting – Displays ORB boxes across all days, not just today.

Alerts Included – Triggers when price breaks above or below the ORB range.

No repainting – Stable and historical-friendly behavior.

🕒 ETH Compatibility
This indicator respects your TradingView chart settings:

✅ If ETH is enabled, ORB begins with the first ETH candle.

✅ If ETH is disabled, ORB begins with Regular Trading Hours (RTH).

Tip: Control this via the chart’s ⚙️ “Session” settings for your instrument.

💡 How to Use
Use First Candle Mode for classic ORB strategy setups (quick early structure).

Use Custom Timeframe Mode on smaller timeframes (e.g., 3min) for dynamic range-building.

Combine with volume, VWAP, trendlines, or price action for breakout confirmation.

發行說明
Customizable ORB Box – Updated Version 🚀

This version adds two highly requested features:

Custom Session ORB 🕒

Define your own session window (e.g., Asia, London, New York).

ORB box is built for the exact session you choose.

Great for traders who follow multiple markets across different timezones.

Show Only Current ORB Option 👀

Toggle to hide all past ORBs and keep only today’s/current session box visible.

Keeps your chart clean and focused.

✅ Existing First Candle ORB and Custom Timeframe ORB modes are still available.
✅ Alerts included for breakouts above/below ORB High/Low.
✅ Box colors & borders are fully customizable.

This makes the ORB Box much more flexible for intraday and session-based trading strategies.

免責聲明

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