Open Long Extension gran

Open – Long Extension Gran

This is a specialized overlay indicator designed for short-term and intraday trading, particularly effective on commodities (such as gold, crude oil) and indices like UK100. It automatically labels key price points from each 1-minute up to 30-minute bars candle directly on the chart, displaying:

*The open price
*The high of the candle
*The low of the candle
*(And in some cases) the close or other reference levels

These labels appear as small tags , anchored at the corresponding price levels, making it very easy to visually track where each new 1-minute bar opened relative to the previous candle's high, low, or close.

This creates a clear visual map of price extensions — showing how far price stretches beyond prior candle extremes in real time — which helps identify: potential breakout or extension moves (long or short) areas of rejection or absorption around prior highs/lows
momentum continuation or exhaustion in fast markets.