Opening range structure across any period—intraday sessions to yearly cycles—with Fibonacci levels and extension projections.

Marks High/Low range established during opening periods (Daily, Weekly, Monthly, Quarterly, Yearly, or Custom Range) as reference for breakouts, mean reversion, and volatility expectations.

Eight period types with timezone-aware session detection (Sydney/Tokyo/London/NY), historical offset for multi-period comparison, optional seven Fibonacci levels (11.4% to 88.6%) inside IB range, upward/downward projections from boundaries, flexible line extension control (IB period only, current bar, or N periods forward), and precision period detection deliver comprehensive opening range analysis for traders targeting structure-based setups across all timeframes.

FEATURES

8 Period Types

• Daily, Weekly, Monthly, Quarterly, 4-Month, Semi-Annual, Yearly, Custom Range
• Daily Modes: Hours-based (1-12 hours) or Market Session (Sydney/Tokyo/London/NY)
• Configurable session start times with timezone-aware UTC offset adjustment
• Custom Range: Define exact start/end datetime for event-based analysis

Historical Periods

• Offset parameter to view past IB ranges (e.g., last week's IB, last month's IB)
• Compare current price action against previous period structures
• Multi-period analysis for trend confirmation

Fibonacci Levels

• Optional 7 levels (11.4%, 23.6%, 38.2%, 50%, 61.8%, 78.6%, 88.6%) inside IB range
• Mean reversion zones within the balance
• Precise entry/exit reference points

Fibonacci Projections

• Project levels upward/downward from IB high/low
• Potential breakout targets beyond the range
• Extension zones for directional moves

Line Extension Control

• IB period only: Show range during formation period
• Current bar: Extend to present
• N periods forward: Project into future for planning
• Clean visual management

Precision Period Detection

• Accurate opening range calculation for each period type
• Timezone-aware for global markets
• Handles session overlaps and transitions cleanly

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Utilities/Custom

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Volatility

• Initial Balance
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Oscillators

• Balance of Power

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DISCLAIMER

Trading involves risk. This indicator is intended for technical analysis only — always apply proper risk management and trade responsibly.

FEECBACK & IMPROVEMENTS

If you have suggestions, feature requests, or ideas for enhancement, please leave a comment in the Discussion tab. Your feedback helps improve the indicator for everyone.