OPEN-SOURCE SCRIPT

New York Master Range

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📈 New York Master Range (5-Min Timeframe)

Description:
This custom TradingView indicator captures the opening range based on the body high and low of the first 3 candles after 10:30 AM (BRT – Brasília Time) on the 5-minute timeframe — a technique often used during the New York market session.

🔍 How it works:

At exactly 10:30 AM (BRT), the indicator starts collecting the highs and lows of candle bodies (not wicks) for the next 3 five-minute candles.

Once the 3 candles are processed, the highest close/open (body high) and lowest close/open (body low) are plotted as static green and red lines on the chart.

These levels can act as key intraday support/resistance zones or range breakout triggers.

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.