ORB AM/PM RangeORB — Opening Range Breakout
What does this indicator do?
Think of it like setting a tripwire on the market. Every trading day, the market opens and establishes a range during the first minutes — this is the Opening Range.
ORB watches two windows for you, records the highest and lowest prices within each, and then tells you the moment price breaks out of those levels. That breakout is often the start of a directional move — and that's when you want to pay attention.
Getting Started
Set the Timezone to match your chart's timezone.
What You'll See on the Chart
During the session windows: A teal shaded box appears during the AM session, growing in real-time as the high and low develop. An orange shaded box does the same during the PM session.
After each session ends: Dashed horizontal lines extend to the right from the final High and Low — these are your breakout levels. Price labels appear showing the exact High and Low values.
When price breaks out from the range: A teal triangle (▲ or ▼) appears if price crosses an AM level. An orange triangle (▲ or ▼) appears if price crosses a PM level. These triangles only appear during the valid time window — you won't see stale signals from yesterday's range, and AM signals disappear once the PM session begins.
Settings Explained
Timezone
UTC+1
All session times are interpreted in this timezone. Make sure it matches your exchange.
Enable AM Session
On
Turn this off if you only care about the closing range. Everything AM-related disappears.
AM Session Start
900
When the morning range starts. Enter in HHMM format — so 900 means 09:00.
AM Session End
930
When the morning range locks in. 930 = 09:30.
Enable PM Session
On
Turn this off if you only care about the opening range. Everything PM-related disappears.
PM Session Start
1530
When the closing range starts. 1530 = 15:30.
PM Session End
1600
When the closing range locks in. 1600 = 16:00.
Tip: The time format is simple — just write hours and minutes together. 900 = 09:00, 1345 = 13:45, 1600 = 16:00.
Important: The AM session must end before the PM session starts. If you enter overlapping times, the indicator will show a red error banner at the top of the chart and stop working until you fix it.
When Do Alerts Actually Fire?
This is the most important thing to understand. The indicator is not just checking "did price cross a level?" — it also checks when the cross happens:
09:00 09:30 15:30 16:00 │ AM Box │ AM alerts are valid │ PM Box │ PM alerts are valid │████████│◄─────────────────────────────►│████████│◄─────────────────────► EOD
AM alerts only fire between AM End and PM Start (same day). Once the PM session begins, AM signals shut off.
PM alerts only fire after PM End until the end of the trading day.
Nothing carries over to the next day. Yesterday's levels won't trigger today's alerts.
This means you only get signals when they're fresh and relevant.
Setting Up Alerts in PulseWire
Right-click on the chart → Add Alert (or press Alt+A).
Under "Condition", select the ORB30 indicator.
Choose one of these conditions:
ORB Above AM High
- Price broke above the morning range — potential bullish breakout
ORB Below AM Low
- Price broke below the morning range — potential bearish breakout
ORB Above PM High
- Price broke above the closing range — bullish
ORB Below PM Low
- Price broke below the closing range — bearish
Any Range Cross
- Any of the above — good as a catch-all notification
Set your notification method (popup, email, webhook, etc.) and click Create.
The alert messages automatically include the ticker symbol and timeframe.
Common Scenarios
"I only trade the morning breakout"
→ Uncheck Enable PM Session. Only AM range boxes, lines, and alerts will appear.
"I trade US markets from Europe"
→ Set Timezone to America/New_York or UTC-5, then adjust the times. For NYSE, try AM Start 930, AM End 1000, PM Start 1530, PM End 1600.
"The dashed lines are too short / too long"
→ Adjust Extend levels (bars). Shorter timeframes need more bars to cover the same time span.
"I see a red error banner"
→ Your session times are invalid. Check that: (1) each Start is before its End, and (2) AM End doesn't overlap with PM Start.
"I don't see any triangles / alerts"
→ Make sure price actually crossed the level during the valid window. If the cross happened during the session itself or after hours, it won't count — by design.
Quick Reference
Teal box
-AM range being built
Orange box
-PM range being built
Teal dashed line
-AM High or Low level
Orange dashed line
-PM High or Low level
ORBA▲
-Breakout above AM High
ORBA▼
-Breakdown below AM Low
ORBP▲
-Breakout above PM High
ORBP▼
-Breakdown below PM Low Indicator
Indicator
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Indicator
Fair Value Range Breakout [by Oberlunar]Fair Value Range Breakout by Oberlunar is a community tool built around higher-timeframe structure and HTF imbalance zones. It reconstructs and draws up to three recent candles from a user-selected HTF and optionally displays their High, Low, Open, and Close levels with configurable styles and colours, keeping HTF candles and FVG ranges readable while working on lower timeframes.
On each confirmed HTF candle close, the script scans the last three closed HTF candles to detect bullish and bearish Fair Value Gaps using either wicks or candle bodies as the reference. You can filter gaps by a minimum size in ticks, keep only the most recent zones, and extend zones to the right for ongoing interaction tracking.
Set the HTF timeframe according to your horizon, such as Daily for swing context or H4-H2 for intraday structure, then enable the HTF candle overlay and choose which OHLC levels to show for each candle. In the HTF FVG settings, pick Wicks for zones that reflect extremes or Bodies for tighter zones, and increase the minimum gap in ticks if you want fewer, cleaner zones. If you use signals, choose “Close inside” for stricter interaction requirements or “Wick touch” for earlier detection, and apply a small exit buffer in ticks when noise is high. A practical workflow is using HTF=2H on a 5m or 15m chart, monitoring price interaction with an HTF FVG zone, and treating the plotted signal as confirmation of a zone exit rather than a standalone entry system.
Attribution and derivative work notice is explicit and intentional.
The HTF candle architecture component is a derivative work based on HTF Candle Architecture by BigBeluga, and the HTF FVG engine is a derivative work based on “Fair Value Gap MTF” by Oberlunar.
The original references are provided above exactly and in the code as required.
Enjoy
Oberlunar 👁️★
Indicator
ORB Breakout & RetestORB Breakout & Breakdown Indicator - Complete Opening Range Strategy
Description :
The ORB (Opening Range Breakout) Breakout & Retest Indicator is a simple tool designed to identify opening range breakouts and breakdowns with retest confirmation. This indicator works on ANY timeframe while automatically analyzing 1-minute price action to detect precise entry signals.
What makes this indicator unique:
- ✅ Multi-Timeframe ORB Analysis - Simultaneously tracks 5-min, 15-min, and 30-min opening ranges
- ✅ Smart Retest Logic - Filters false breakouts by requiring price to retest and confirm the level
- ✅ Works on Any Chart Timeframe - View on 5-min, 15-min, 1-hour, or daily charts while getting 1-minute precision
- ✅ Both Long & Short Signals - Detects bullish breakouts AND bearish breakdowns
- ✅ Customizable Alerts - Get notified when confirmed setups occur
- ✅ Clean Visual Display - Compact table showing all ORB levels and signal status
How it Works:
Opening Range Detection :
- 5-Min ORB: Captures high/low from 9:30-9:35 AM
- 15-Min ORB: Captures high/low from 9:30-9:45 AM
- 30-Min ORB: Captures high/low from 9:30-10:00 AM
Breakout Confirmation (3-Step Process) :
1. Initial Break - Price closes above ORB High (or below ORB Low for shorts)
2. Retest - Price pulls back to retest the broken level
3. Confirmation - Price breaks through again, confirming the trend
This retest requirement dramatically reduces false signals and helps you enter trades with better risk/reward.
Perfect For :
- Day traders looking for opening range strategies
- Scalpers who need precise entry signals
- Swing traders identifying strong intraday momentum
- Anyone trading stocks, futures, forex, or crypto during market hours
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⚙️ Settings & Customization :
Display Options :
- ☑️ Show ORB High (Default: OFF) - Display the high of each opening range in the table
- ☑️ Show ORB Low (Default: OFF) - Display the low of each opening range in the table
- ☑️ Show Breakout+Retest (Default: ON) - Show bullish breakout confirmation status
- ☑️ Show Breakdown+Retest (Default: ON) - Show bearish breakdown confirmation status
Alert Options :
- ☑️ Enable 5-Min Alerts (Default: OFF) - Get alerts for 5-minute ORB confirmations
- ☑️ Enable 15-Min Alerts (Default: OFF) - Get alerts for 15-minute ORB confirmations
- ☑️ Enable 30-Min Alerts (Default: OFF) - Get alerts for 30-minute ORB confirmations
Visual Indicators :
- Green triangles (▲) below bars = Breakout confirmed (bullish)
- Red triangles (▼) above bars = Breakdown confirmed (bearish)
- Triangle sizes: Tiny (5-min), Small (15-min), Normal (30-min)
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Table Legend:
Timeframe Row: Shows the three ORB periods being tracked
ORB High Row: (Optional) The highest price during each opening range period
ORB Low Row: (Optional) The lowest price during each opening range period
Breakout+Retest Row:
- 🟢 YES = Bullish setup confirmed (price broke high, retested, and confirmed)
- 🔴 NO = No confirmed bullish setup yet
- ⚪ N/A = Opening range not yet established
Breakdown+Retest Row:
- 🟢 YES = Bearish setup confirmed (price broke low, retested, and confirmed)
- 🔴 NO = No confirmed bearish setup yet
- ⚪ N/A = Opening range not yet established
How to Use :
1. Add to Chart - Works best on stocks, futures, and indices with regular market hours (9:30 AM EST open)
2. Choose Your Timeframe - View on any timeframe; indicator automatically analyzes 1-minute data
3. Monitor the Table - Watch for "YES" signals in Breakout or Breakdown rows
4. Set Alerts - Enable alerts for your preferred ORB timeframes
5. Plan Your Trade - Use ORB levels as entry points and initial stop-loss levels
Tips :
- Combine multiple timeframe confirmations for higher probability setups
- Use ORB High/Low levels as natural support/resistance zones
- The 5-min ORB gives faster signals; 30-min ORB gives stronger trends
- Best results typically occur in the first 1-2 hours after market open
- Works on all markets but optimized for regular trading hours (9:30 AM EST)
Key Features Summary :
✓ Multi-timeframe opening range tracking (5, 15, 30-minute)
✓ Retest confirmation logic to filter false breakouts
✓ Works on any chart timeframe with 1-minute precision
✓ Bullish and bearish signal detection
✓ Customizable visual display with toggle options
✓ Individual alerts for each timeframe and direction
✓ Clean, professional table interface
✓ No repainting - signals are final once confirmed
✓ Suitable for all experience levels
Indicator
Custom Session ORB - Extending Past Current CandleCustom Session ORB - Extending Past Current Candle
This indicator plots Opening Range Breakout (ORB) levels for one or two customizable trading sessions directly on your chart. It dynamically tracks the high, low, and midpoint of the defined session(s) and extends these levels beyond the session using a configurable offset.
Features:
Supports two custom sessions.
New York and Asia pre-saved.
Automatically tracks session High, Low, and Mid.
Option to extend ORB levels past the live candle.
Option to display only the most recent ORB for a clean chart.
Configurable line thickness, style, and label size.
Works in Eastern Standard Time (EST) without manual adjustment.
Settings:
Show Labels: Toggle to display ORB values on chart.
Label Font Size: Small, Normal, Large.
Mid Line Style: Solid, Dashed, or Dotted.
ORB Line Thickness: Set line thickness of ORB levels.
Extend Past Current Candle by N Bars: Controls how far the ORB extends visually.
Show Only Current ORB: Cleans chart by removing previous session ORB levels.
Enable Session 1 / 2: Toggle individual sessions on/off.
Session Time: Set the start and end times for each session (automatically in EST).
How It Works:
The indicator monitors the defined session time, records the high, low, and midpoint, and draws lines at those levels. When the session ends, the lines are extended by the specified offset for easy breakout visualization. Labels can optionally show the exact price levels. Indicator
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