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ORB ALL TFs New York

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A range is formed from the first 9:30 AM candle (Eastern Time, New York - fixed).

Session opening is visualized via background color

The ORB (Opening Range Breakout) adapts to the current timeframe

The indicator only displays the current session

The VWAP is displayed and is reset at each market open

Gray lines indicate pivot levels where the ORB doubles/extends
The purpose is to identify 1:1 to 1:3 ratios to manage position risk."*



Additional refinements for clarity:

*"The Opening Range (ORB high/low) is anchored to the first 9:30 AM ET candle."*

"Pivot levels (dotted gray lines) mark 1x, 2x, and 3x extensions of the ORB range for profit targets."

"VWAP resets daily at the New York open (9:30 AM ET)."

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.