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Midnight Open Range

2 772
Midnight Open Range with Breakouts & Targets

This indicator helps traders identify and analyze the Midnight Open Range (12:00 AM to 12:30 AM ET) for potential trading opportunities. Key features include:

1. Automatic detection and plotting of the Midnight Open Range
2. Display of multiple historical ranges (customizable)
3. Breakout signals for range violations
4. Multiple target levels based on the range size
5. Customizable colors and styles for easy visual analysis

Perfect for traders looking to capitalize on overnight price action and early morning trends. Ideal for forex, futures, and 24-hour markets.

Note: For best results, use on lower timeframes (5-minute or less) with 24-hour chart data.
版本注释
quick update, added fib levels
版本注释
quick update - math correction for Fib levels
also added optional settings in settings to select additional Fib levels of interest.
版本注释
quick update - debug
版本注释
a number of updates folks requested
see options
- extend lines
- price value positions
- additional deviations
and so on...
版本注释
quickupdate

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