eriktrades - ORB (30 & 90 min) with Label

This indicator is a powerful tool for traders who utilize Opening Range Breakout (ORB) strategies. Unlike standard ORB indicators that track a single period, this script simultaneously plots both the 30-minute and 90-minute opening ranges, providing two critical sets of levels for analyzing intraday price action.

The opening range represents the high and low established shortly after the market opens. These levels often act as key support and resistance for the remainder of the trading session, making them crucial for identifying potential breakout, trend, and reversal opportunities. This indicator is designed for clarity and simplicity, helping you focus on what matters most: the price action around these key levels