PROTECTED SOURCE SCRIPT

ORx

20
📌 Public Description for ORx - Opening Range Expansion
ORx - Opening Range Expansion is an advanced visual indicator designed to highlight trading zones based on the high and low of the first 4 candles of the 5-minute timeframe after the session opens.

🔹 Available session presets:

Market Open → from 6:00 PM NY to 6:00 PM the next day

Kill Zone NY → from 7:00 AM to 11:00 AM NY (ideal for high-liquidity windows)

Week Open → starts Sunday at 6:00 PM NY and ends Friday at 6:00 PM NY (weekly macro context)

🔹 Automatically drawn components:

Opening Range channel

Neutral zones (same size as the OR, above and below)

Multiple expansion zones (up to 5, user-defined)

Intermediate levels between each expansion

🔹 Customization options:

User-defined color and line style for each type of zone

Built with America/New_York timezone logic for maximum session accuracy

🧠 Ideal for traders using price structure, institutional flow, SMC, or ICT-based approaches.

⚠️ Best used on 5-minute charts to ensure proper zone calibration.

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.