1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
After the selected number of opening candles from a set market open time, it draws the range high, low and average, then first, second and third resistance and support lines spaced from the range size. Toggles control the sub-levels, extended levels and labels. Lines run to the session end at 15:30.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Select Historical Date
time
timestamp("2026-06-08 00:00 +0530")
targetDate
Opening Range Candles
int
5
rangeCandles
Market Open Hour
int
9
marketHour
Market Open Minute
int
15
marketMinute
Show R1/S1
bool
true
showSubLevels
Show R2/S2
bool
true
showR2S2
Show R3/S3
bool
true
showR3S3
Show Labels
bool
true
showLabels
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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