ORB + Premarket High/Low

19 Eyl

indicator that show opening range break plus premarket highs and lows

19 Eyl

Sürüm Notları

Indicator Description
This indicator is a key part of a trading strategy focused on breakouts and breakdowns. It automatically marks two important price levels:

Premarket High and Low: The indicator identifies the highest and lowest prices reached during the premarket session (4:00 AM to 9:30 AM EST). It then draws these levels as horizontal lines that extend through the rest of the trading day.

Morning Open: It also highlights the first 15 minutes of the regular market open, which is what you use as your "Opening Range Breakout" (ORB) zone. Make sure to change this in settings as 9:30 to 9:45 EST

By clearly plotting these premarket and opening range levels on your chart, this tool helps you visualize key support and resistance zones, which is crucial for trading breakout and breakdown strategies.

19 Eyl

Sürüm Notları

Indicator Description
This indicator is a key part of a trading strategy focused on breakouts and breakdowns. It automatically marks two important price levels:

Premarket High and Low: The indicator identifies the highest and lowest prices reached during the premarket session (4:00 AM to 9:30 AM EST). It then draws these levels as horizontal lines that extend through the rest of the trading day.

Morning Open: It also highlights the first 15 minutes of the regular market open, which is what you use as your "Opening Range Breakout" (ORB) zone. Make sure to change this in settings as 9:30 to 9:45 EST

By clearly plotting these premarket and opening range levels on your chart, this tool helps you visualize key support and resistance zones, which is crucial for trading breakout and breakdown strategies.

19 Eyl

Sürüm Notları

Indicator Description
This indicator is a key part of a trading strategy focused on breakouts and breakdowns. It automatically marks two important price levels:

Premarket High and Low: The indicator identifies the highest and lowest prices reached during the premarket session (4:00 AM to 9:30 AM EST). It then draws these levels as horizontal lines that extend through the rest of the trading day.

Morning Open: It also highlights the first 15 minutes of the regular market open, which is what you use as your "Opening Range Breakout" (ORB) zone. Make sure to change this in settings as 9:30 to 9:45 EST

By clearly plotting these premarket and opening range levels on your chart, this tool helps you visualize key support and resistance zones, which is crucial for trading breakout and breakdown strategies.