Description
Automate the plotting of the Market Open Ranges.
The first few minutes of any major trading session represent a battleground for institutional buyers and sellers. This indicator automatically maps out these critical early price boundaries, giving day traders and scalpers an edge in executing high-probability Opening Range Breakout (ORB) and mean-reversion strategies.
Key Features
- Automated Session Mapping: Automatically draws distinct high/low boundary boxes for Tokyo, London, and New York openings.
- Custom Time Horizons: Flexibly set your preferred opening range duration (e.g., 5-minute, 15-minute or 30-minute ranges).
- Breakout & Retest Levels: Extended horizontal support and resistance lines track across the chart until breached by live price action.
- Visual Optimization: Highly responsive, lightweight code ensures zero chart lag while offering fully customizable color palettes for light and dark backgrounds.
- Multi-Asset Compatibility: Perfect for trading Forex majors, Indices (US30, GER40), Commodities (Gold/Oil), and Crypto.
Summary
AI summary
ORB Range Marker is a trading indicator designed to automate the plotting of Opening Ranges for the Opening Range Breakout (ORB) strategy. It identifies and visually maps the initial high and low price boundaries during the first minutes of major trading sessions—Tokyo, London, and New York—highlighting key early market activity. Users can customize the duration of the opening range, choosing intervals such as 5, 15, or 30 minutes. The indicator extends horizontal support and resistance lines from these ranges across the chart, aiding traders in spotting breakout and retest levels as live price action unfolds. It is optimized for performance with lightweight code to prevent chart lag and offers customizable color palettes suitable for both light and dark chart backgrounds. The ORB Range Marker supports multiple asset classes including Forex majors, indices like US30 and GER40, commodities such as Gold and Oil, and cryptocurrencies. This tool is intended to assist day traders and scalpers in executing high-probability breakout and mean-reversion trades by clearly delineating critical early session price zones.
Indicator profile
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Discussion
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Key Levels
BOS
Imbalance
Inducement
Supply & Demand
Support & Resistance
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Price
Since 11/05/2026