OPEN-SOURCE SCRIPT

ORB Norman (2 Sessions, Auto Timezone)

50
ORB Norman (2 Sessions, Auto Timezone)

This script plots Opening Range Breakout (ORB) levels for two configurable sessions. It’s designed for intraday traders—especially in futures markets like Gold (GC), Nasdaq (NQ), and S&P (ES)—who trade based on early session breakouts or range rejections. Unlike standard indicators, this tool auto-adjusts for timezones based on the instrument, ensuring precise session alignment.

Features:

Automatically adjusts for NQ/ES (Chicago time) and GC (New York time) based on the symbol.
Plots high, low, and optional midpoint lines for each session.
Clean, minimal settings with visual separation for better usability.
Ray extension length is fully customizable.
Works on any intraday chart (recommended: 5–15 minute timeframes).
Includes customizable session times, colors, ray length, and an optional midpoint line.

Default Sessions:

Session 1:
‣ 07:00–08:00 EST for GC
‣ 06:00–07:00 CT for NQ/ES

Session 2:
‣ 09:30–09:45 EST for GC
‣ 08:30–08:45 CT for NQ/ES

This tool is ideal for traders who scalp the early morning breakout or look for range rejections based on the opening auction.


This script was developed from scratch based on the author's own intraday trading needs.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.