ORB ORB V2 plots the Opening Range Breakout for the Asia, London, or New York session, using the high and low of a selectable timeframe candle (1 to 240 min) captured at the exact session open in New York time.
What it draws:
High, midpoint (50%), and low lines of the opening range, extended live for the duration of the session
Color-coded labels showing the exact price of each level
A vertical opening marker at session start
Built-in bias filter:
A configurable EMA (default 20-period on the 1H timeframe, both adjustable) is calculated independently of the chart timeframe via request.security, and compared to price to display a simple Bullish/Bearish bias — useful for filtering ORB breakout trades in the direction of the higher-timeframe trend rather than trading every breakout blindly.
Dashboard:
A bottom-right table shows the total range size and the distance to the 50% level, converted into your choice of units (ticks, pips, or % for crypto), plus the previous day's high and low for additional context, and the current bias reading.
How to use it:
Select your session (Asia / London / NY) and the opening candle timeframe.
Watch for price to break above/below the ORB high/low.
Use the EMA bias reading to favor breakouts aligned with the higher-timeframe trend, and the 50% level as a mid-range reference for partial targets or re-entries.
Use the dashboard to gauge range size in your preferred unit before sizing a trade.
All colors, label sizes, and the dashboard display can be customized from the indicator settings. Indicator
Asterion Level Weave [JOAT]Asterion Level Weave
Introduction
Asterion Level Weave is an open-source reference-level and directional-bias overlay built around daily pivots, weekly pivots, a weighted EMA weave, and opening-range structure. Its purpose is to show where price is located relative to higher-order reference levels while also showing whether internal directional pressure is aligned with those levels.
The problem this script solves is context stacking. Traders frequently use pivot lattices, moving averages, and opening ranges separately, then mentally combine them. Asterion Level Weave places those components into one framework so the user can evaluate premium versus discount location, directional weave bias, and session structure from a single chart layer.
Core Concepts
1. Daily And Weekly Pivot Lattice
The script calculates prior-day and prior-week pivot references and extends them forward on the chart. Daily pivot, R1, S1, R2, and S2 create the near-term lattice, while weekly pivot references provide a slower macro anchor.
2. Weighted EMA Weave
Instead of averaging EMAs equally, the script weights multiple EMAs by their recent slope magnitude. This gives more influence to the parts of the curve that are moving with stronger directional intent.
3. Equilibrium And Location Model
The script derives an equilibrium box around the daily pivot and uses price location relative to that structure to frame premium, discount, and balance.
4. Opening Range Structure
An opening-session range is captured and projected forward with a midpoint reference. This adds a session-specific structure layer that can be compared against pivot and weave alignment.
Features
Daily pivot lattice: D-pivot, R1, S1, R2, and S2 with forward extension
Weekly pivot lattice: Weekly pivot references for broader context
Daily equilibrium box: Optional box around the central daily balance zone
Weighted EMA weave: Multi-EMA directional cloud with weighted centerline
Location labeling: Right-edge labels for major active references
Opening range projection: Session range and midpoint extension
Directional candle tint: Candle state can reflect weave direction
Dashboard: Displays location, directional bias, pivot state, and opening structure context
Higher-order reference integration: Daily, weekly, session, and EMA structure in one chart layer
Input Parameters
Reference Levels:
Daily and weekly pivot toggles
Forward extension controls
Equilibrium box toggle
Ribbon Engine And Display:
EMA weave toggle, centerline toggle, ribbon smoothing, and slope lookback for weighting
Opening range session and extension
Dashboard, candle-color, and background toggles
How to Use This Indicator
Step 1: Determine whether price is trading above or below the daily pivot and weekly pivot.
Step 2: Use the weave centerline and cloud direction to judge whether internal momentum aligns with that location.
Step 3: Treat the equilibrium box as a balance region and the pivot lattice as directional reference.
Step 4: Use the opening range and midpoint to see whether the session is accepting above or below initial balance.
Step 5: Prefer trades where location, weave bias, and opening-range behavior point in the same direction.
Indicator Limitations
Pivot references are static for the active session and do not adapt intraday until the next period begins
The weighted weave still relies on lagging EMA calculations and will trail abrupt reversals
Opening range significance depends on the instrument and session chosen
This script is best used as a context framework rather than as a standalone entry trigger
Originality Statement
Asterion Level Weave is original in how it combines forward pivot lattices, a slope-weighted EMA weave, and opening-range structure into one location-versus-bias framework. Each component answers a different part of the same question: where price is, how it is moving, and how the active session is organizing around reference levels.
Disclaimer
This indicator is provided for educational and informational purposes only. It is not financial advice. Pivot levels, equilibrium zones, and moving-average structure are analytical tools and should not be treated as guaranteed reaction levels.
-Made with passion by jackofalltrades
Indicator
Indicator
Indicator
Indicator
ORB | Feng FuturesThe ORB | Feng Futures indicator automatically detects the Opening Range Breakout (ORB) for each trading session, plotting the High, Low, and Midline in real time. This tool is built for futures traders who rely on ORB structure to confirm trends, identify breakout zones, and recognize reversal areas early in the session.
Features:
• Auto-calculated ORB High, Low, and Midline
• Multi-timezone session support (NY, Chicago, London, Tokyo, etc.)
• Customize ORB time range and time window for display
• Real-time updating lines that freeze at session close
• Optional labels with customizable size, color, and offset
• Save and view multiple previous ORB sessions
• Full color customization for all levels
• Automatically hides on higher timeframes (Daily+) to reduce clutter
• Works on ES, NQ, and all intraday futures charts
• Works on stocks, crypto, forex, and other tradeable assets where ORB is applicable
Disclaimer: This indicator is for educational purposes only and does not constitute financial advice. Trading futures involves significant risk and may not be suitable for all investors. Always do your own research and use proper risk management. Indicator
Indicator
Open Range Breakout Strategy With Multi TakeProfitHello everyone,
For a while, I’ve been wanting to develop new scripts, but I couldn’t decide what to create. Eventually, I came up with the idea of coding traditional and well-known trading strategies—while adding modern features such as multi–take profit options. For the first strategy in this series, I chose the Open Range Strategy .
For those unfamiliar with it, the Open Range Strategy is a trading approach where you define a specific time period at the beginning of a trading session—such as the first 15 minutes, 30 minutes, or 1 hour—and mark the highest and lowest prices within that range. These levels then act as reference points for potential breakouts: if the price breaks above the range, it may signal a long entry; if it breaks below, it may indicate a short entry. This method is popular among day traders for capturing early momentum in the market.
Since this strategy is generally used as an intraday strategy , I added a Trade Session feature. This allows you to define the exact time window during which trades can be opened. Once the session ends, all positions are automatically closed, ensuring trades remain within your chosen intraday period.
Even though it’s a relatively simple concept, I’ve come across many different variations of it. That’s why I created a highly customizable project. Under the Session Settings, you can select the time window you want to define as your range. Whether it’s the first 15-minute candle or the entire first hour, the choice is entirely yours.
For stop-loss placement, there are two different options:
Middle of the Range – The stop loss is placed at the midpoint between the high and low of the defined range, offering a balanced buffer for both bullish and bearish setups.
Top/Bottom of the Range – The stop loss is placed just beyond the range’s high for short trades or just below the range’s low for long trades, providing a more conservative risk approach.
I’ve always been a big fan of the multi take-profit feature, so I added two different take-profit targets to this project. Take profits are calculated based on a Risk-to-Reward Ratio, which you can adjust in the settings. You can also set different position sizes for each target, allowing you to scale out of trades in a way that suits your strategy.
The result is a flexible, user-friendly strategy script that brings together a classic approach with modern risk management tools—ready to be tailored to your trading style Strategy
Indicator
ORB Norman (2 Sessions, Auto Timezone)ORB Norman (2 Sessions, Auto Timezone)
This script plots Opening Range Breakout (ORB) levels for two configurable sessions. It’s designed for intraday traders—especially in futures markets like Gold (GC), Nasdaq (NQ), and S&P (ES)—who trade based on early session breakouts or range rejections. Unlike standard indicators, this tool auto-adjusts for timezones based on the instrument, ensuring precise session alignment.
Features:
Automatically adjusts for NQ/ES (Chicago time) and GC (New York time) based on the symbol.
Plots high, low, and optional midpoint lines for each session.
Clean, minimal settings with visual separation for better usability.
Ray extension length is fully customizable.
Works on any intraday chart (recommended: 5–15 minute timeframes).
Includes customizable session times, colors, ray length, and an optional midpoint line.
Default Sessions:
Session 1:
‣ 07:00–08:00 EST for GC
‣ 06:00–07:00 CT for NQ/ES
Session 2:
‣ 09:30–09:45 EST for GC
‣ 08:30–08:45 CT for NQ/ES
This tool is ideal for traders who scalp the early morning breakout or look for range rejections based on the opening auction.
This script was developed from scratch based on the author's own intraday trading needs.
Indicator
Indicator
Indicator
High & Low Of Custom Session - OpeningRange Breakout (Expo)High & Low Of Custom Session - OpeningRange Breakout (Expo) prints the high and the low of a custom session.
I use the indicator to trade the re-test of opening range (high/low) as well as breakouts from the opening range. The same logic can be applied to the session you have chosen.
HOW TO USE
1. Use the indicator to trade the re-tests of the session range.
2. Use the indicator to trade breakouts of session range.
INDICATOR IN ACTION
1-min chart
I hope you find this indicator useful , and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!
I will continually work on this indicator, so please share your experience and feedback as it will enable me to make even better improvements. Thanks to everyone that has already contacted me regarding my scripts. Your feedback is valuable for future developments!
-----------------
Disclaimer
Copyright by Zeiierman.
The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My scripts/indicators/ideas are only for educational purposes! Indicator
Indicator
