PROTECTED SOURCE SCRIPT
Trading Lab: Sessions ORB
This indicator automatically plots the first 15-minute Opening Range Breakout (ORB) for each major trading session — Tokyo, London, and New York — and highlights them with shaded zones that scroll dynamically with your chart.
Each session’s range is defined by the high and low of its first 15 minutes, and the zones extend across the chart so you can instantly see where price is trading relative to the prior session’s structure.
Once the range is established, the indicator generates Buy and Sell arrows whenever price closes above or below the session’s ORB zone.
Optionally, trades are filtered by:
EMA Trend Filter: Confirms that price is trending in the direction of the breakout (fast > slow for longs, slow > fast for shorts).
ADX Strength Filter: Ensures volatility and trend strength exceed your chosen threshold.
ATR Range Filter: Prevents signals from forming when the session’s ORB is too small (e.g., low-volatility markets).
You can configure each filter or disable them entirely for pure price-action breakouts.
Each session’s range is defined by the high and low of its first 15 minutes, and the zones extend across the chart so you can instantly see where price is trading relative to the prior session’s structure.
Once the range is established, the indicator generates Buy and Sell arrows whenever price closes above or below the session’s ORB zone.
Optionally, trades are filtered by:
EMA Trend Filter: Confirms that price is trending in the direction of the breakout (fast > slow for longs, slow > fast for shorts).
ADX Strength Filter: Ensures volatility and trend strength exceed your chosen threshold.
ATR Range Filter: Prevents signals from forming when the session’s ORB is too small (e.g., low-volatility markets).
You can configure each filter or disable them entirely for pure price-action breakouts.
受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用它，没有任何限制 — 在此处了解更多信息。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。