ORB Norman (2 Sessions, Auto Timezone)

12 Tem

ORB Norman (2 Sessions, Auto Timezone)

This script plots Opening Range Breakout (ORB) levels for two configurable sessions. It’s designed for intraday traders—especially in futures markets like Gold (GC), Nasdaq (NQ), and S&P (ES)—who trade based on early session breakouts or range rejections. Unlike standard indicators, this tool auto-adjusts for timezones based on the instrument, ensuring precise session alignment.

Features:

Automatically adjusts for NQ/ES (Chicago time) and GC (New York time) based on the symbol.
Plots high, low, and optional midpoint lines for each session.
Clean, minimal settings with visual separation for better usability.
Ray extension length is fully customizable.
Works on any intraday chart (recommended: 5–15 minute timeframes).
Includes customizable session times, colors, ray length, and an optional midpoint line.

Default Sessions:

Session 1:
‣ 07:00–08:00 EST for GC
‣ 06:00–07:00 CT for NQ/ES

Session 2:
‣ 09:30–09:45 EST for GC
‣ 08:30–08:45 CT for NQ/ES

This tool is ideal for traders who scalp the early morning breakout or look for range rejections based on the opening auction.


This script was developed from scratch based on the author's own intraday trading needs.

14 Ağu

Sürüm Notları

This update adds auto-timezone support for micro futures contracts and YM:

✅ Added time adjustment for: MES, MNQ, MGC, and MYM
✅ These are now correctly recognized alongside their standard counterparts (ES, NQ, GC, YM) for automatic timezone adjustment:

Chicago time (CT): NQ, MES, MNQ, ES, MYM
New York time (ET): GC, MGC

Additionally:
⚙️ No changes to core logic or visuals.
✅ Backward compatible with existing settings.
🧠 Makes it easier for traders using micros to align with proper session times.

28 Eki

Sürüm Notları

no changes in the base funktion, the indicator got some additions.
ORB price high and low are now in the Price Line availible also the ORB high low differece can be shown inside the chart (Top right)

A complete 2-session Opening Range Breakout (ORB) tool with auto timezone detection, price scale markers, and live ORB range display.
Two independent ORB sessions (default:

1. Session 1 → 07:00–08:00 EST (GC/MGC) / 06:00–07:00 CT (NQ/ES)
   
2. Session 2 → 09:30–09:45 EST (GC/MGC) / 08:30–08:45 CT (NQ/ES))
   
3. Auto timezone detection for GC/MGC (New York) and NQ/ES (Chicago)
   
4. ORB High, Low, and Mid lines with customizable colors
   
5. Optional extension of latest ORB 1 & ORB 2 into the right price scale (dotted lines)
   
6. Fixed price markers on the price scale showing current ORB High / Low values
   
7. -New! ORB Range Box (top-right corner) – instantly shows the latest ORB 1 and ORB 2 ranges (difference between High and Low)
   
8. Each feature can be turned on/off individually for full flexibility