Opening Price Rays — cTrader Indicator

Plots horizontal rays from the opening price of up to 3 customizable timeframes directly on your chart. Helps you instantly see where each timeframe's candle opened, acting as key reference levels for bias, entries, and reactions.

Key Points:

1. 3 Independent Timeframes — Each with its own color, line style, thickness, and label toggle. Fully customizable to avoid visual clutter.
2. Current or Previous Candle — Each timeframe lets you choose whether to plot the open of the current candle or the previous one. Useful for confirmed levels.
3. Ray Extends to Infinity — Lines aren't just short marks — they extend across the entire chart so you never lose the level regardless of zoom.
4. Auto-Labeled — Each ray displays a short timeframe tag (e.g., 1H, 4H, 1D) right at the start of the line for quick identification.
5. Overlay Indicator — Draws directly on the price chart, no separate panel needed.
6. Smart Label Formatting — Internally converts cTrader's timeframe names into clean, readable labels like 1M, 3H, 1D, 1W, 1MO.
7. Efficient Rendering — Only recalculates on the latest bar, so it doesn't reprocess historical data unnecessarily.