ORB (Global + GCC Markets) V3

ORB + Fibonacci Projection Levels (Global + GCC Markets)

This indicator automatically detects the Opening Range of selected global or GCC markets and draws custom Fibonacci-like levels above and below the range.



✨ Features:
Supports multiple global sessions: Kuwait, Saudi, Tokyo, London, New York, etc.

Automatically captures the first candle’s high and low at market open.

Draws 4 levels above and below the ORB by default (customizable).

Extends the lines for a user-defined period (default: 12 hours).

Add labels with:

Level number

Price

Both

On the left or right edge

Control label font size and label offset for better visibility.

✅ How to Use:
Select your market session (e.g., New York or Saudi Arabia).

The indicator automatically marks the first candle at market open.

Lines extend above and below the ORB based on its range.

Use these levels for:

Identifying breakout targets

Planning entries and exits

Visualizing short-term supports/resistances

This indicator combines the power of Opening Range Breakout (ORB) analysis with Fibonacci level projections, tailored for both global and GCC markets.

🔹 Choose your market (Kuwait, KSA, USA, etc.)
🔹 Automatically detects the first candle of the session and draws the ORB high/low
🔹 Projects Fibonacci levels (above & below) for a user-defined period (default 12 hours)
🔹 Customize:
- Number of Fibo levels
- Font size and label content (number, price, or both)
- Label position (left/right of chart)
- Line duration

✅ Ideal for: Day traders, scalpers, liquidity hunters, and institutional session traders.

Enjoy and let me know your feedback!

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