New Indicator!!! Opening Range_V1
Plots the Opening Range for the First Hour for Stocks and Forex. Option to Plot the first 30 Minutes Opening Range, or Both. See first Post for Specifics.
Coming Soon: www.ChrisMoodyTrading.com
//Created by user ChrisMoody, with help from Alex in TechSupport and TheLark
//Currently works on Stocks
//Currently works on Forex but only based on the New York Session starting at 1700 East Coast Time
//Futurer Versions will have options to plot sessions bsed on Forex Europe Opening Range , Asia, etc.
study(title="CM_Opening-Range-V1", shorttitle="CM_OpenRnge-V1", overlay=true)
up60on = input(true, title="60 Minute Opening Range High")
down60on = input(true, title="60 Minute Opening Range Low")
up30on = input(false, title="30 Minute Opening Range High")
down30on = input(false, title="30 Minute Opening Range Low")
is_newbar(res) => change(time(res)) != 0
adopt(r, s) => security(tickerid, r, s)
high_range = valuewhen(is_newbar('D'),high,0)
low_range = valuewhen(is_newbar('D'),low,0)
high_rangeL = valuewhen(is_newbar('D'),high,0)
low_rangeL = valuewhen(is_newbar('D'),low,0)
up = plot(up60on ? adopt('60', high_range):na, color = lime, style=circles, linewidth=4)
down = plot(down60on ? adopt('60', low_range): na, color = #DC143C, style=circles, linewidth=4)
trans60 = up60on ? 75 : 100
fill(up, down, color = white, transp=trans60)
up30 = plot(up30on ? adopt('30', high_rangeL): na, color = #7FFF00, style=circles, linewidth=2)
down30 = plot(down30on ? adopt('30', low_rangeL): na, color = red, style=circles, linewidth=2)
//trans30 = up30on ? 70 : 100
//fill(up30, down30, color = white, transp=trans30)