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ORx

📌 Public Description for ORx - Opening Range Expansion
ORx - Opening Range Expansion is an advanced visual indicator designed to highlight trading zones based on the high and low of the first 4 candles of the 5-minute timeframe after the session opens.
🔹 Available session presets:
Market Open → from 6:00 PM NY to 6:00 PM the next day
Kill Zone NY → from 7:00 AM to 11:00 AM NY (ideal for high-liquidity windows)
Week Open → starts Sunday at 6:00 PM NY and ends Friday at 6:00 PM NY (weekly macro context)
🔹 Automatically drawn components:
Opening Range channel
Neutral zones (same size as the OR, above and below)
Multiple expansion zones (up to 5, user-defined)
Intermediate levels between each expansion
🔹 Customization options:
User-defined color and line style for each type of zone
Built with America/New_York timezone logic for maximum session accuracy
🧠 Ideal for traders using price structure, institutional flow, SMC, or ICT-based approaches.
⚠️ Best used on 5-minute charts to ensure proper zone calibration.
ORx - Opening Range Expansion is an advanced visual indicator designed to highlight trading zones based on the high and low of the first 4 candles of the 5-minute timeframe after the session opens.
🔹 Available session presets:
Market Open → from 6:00 PM NY to 6:00 PM the next day
Kill Zone NY → from 7:00 AM to 11:00 AM NY (ideal for high-liquidity windows)
Week Open → starts Sunday at 6:00 PM NY and ends Friday at 6:00 PM NY (weekly macro context)
🔹 Automatically drawn components:
Opening Range channel
Neutral zones (same size as the OR, above and below)
Multiple expansion zones (up to 5, user-defined)
Intermediate levels between each expansion
🔹 Customization options:
User-defined color and line style for each type of zone
Built with America/New_York timezone logic for maximum session accuracy
🧠 Ideal for traders using price structure, institutional flow, SMC, or ICT-based approaches.
⚠️ Best used on 5-minute charts to ensure proper zone calibration.
Skrip terproteksi
Skrip ini diterbitkan sebagai sumber tertutup. Namun, anda dapat menggunakannya secara bebas dan tanpa batasan apa pun – pelajari lebih lanjut di sini.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Skrip terproteksi
Skrip ini diterbitkan sebagai sumber tertutup. Namun, anda dapat menggunakannya secara bebas dan tanpa batasan apa pun – pelajari lebih lanjut di sini.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.