OPEN-SOURCE SCRIPT
Custom ORBIT — GSK-VIZAG-AP-INDIA
📌 Description
Custom ORBIT — Opening Range Breakout Indicator Tool
Created by GSK-VIZAG-AP-INDIA
This indicator calculates and visualizes the Opening Range (OR) of the trading session, with customizable start/end times and flexible range duration. The Opening Range is defined by the highest and lowest prices during the selected initial market window.
🔹 Key Features:
User-defined Opening Range duration (default: 15 minutes from 9:15).
Adjustable session start and end times.
Plots Opening Range High (ORH) and Opening Range Low (ORL).
Extends OR levels across the session with multiple line style options (Dotted, Dashed, Solid, Smoothed).
Highlights breakouts (price crossing above/below OR) and reversals (price returning back inside).
Simple chart markers (triangles/labels) for quick visual recognition.
⚠️ Disclaimer:
This tool is intended for educational and analytical purposes only. It does not generate buy/sell signals or provide financial advice. Always use independent analysis and risk management.
Custom ORBIT — Opening Range Breakout Indicator Tool
Created by GSK-VIZAG-AP-INDIA
This indicator calculates and visualizes the Opening Range (OR) of the trading session, with customizable start/end times and flexible range duration. The Opening Range is defined by the highest and lowest prices during the selected initial market window.
🔹 Key Features:
User-defined Opening Range duration (default: 15 minutes from 9:15).
Adjustable session start and end times.
Plots Opening Range High (ORH) and Opening Range Low (ORL).
Extends OR levels across the session with multiple line style options (Dotted, Dashed, Solid, Smoothed).
Highlights breakouts (price crossing above/below OR) and reversals (price returning back inside).
Simple chart markers (triangles/labels) for quick visual recognition.
⚠️ Disclaimer:
This tool is intended for educational and analytical purposes only. It does not generate buy/sell signals or provide financial advice. Always use independent analysis and risk management.
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
"Created by GSK-VIZAG-AP-INDIA"
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。
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
"Created by GSK-VIZAG-AP-INDIA"
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。