This overlay indicator marks the New York initial balance and a configurable opening range on the price chart and reports live range statistics in two tables. It builds an IB box for a default 09:30–10:30 ET window, an ORB box from 09:30 for a set number of mi
Indicator · Pine Script v6 · On the chart
Luxy Big Beautiful ORB
Draws Opening Range Breakout levels on the price chart for 5, 15, 30 and 60 minute ranges, each with its own colour and an optional mid-range line.
GitHub stars3on the repository
Pine versionv6current
Lines of code3,220
Settings40inputs
LicenceCustom licence
Last update2 months ago13 Aug 2026
Add It to Your TradingView Chart
- 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
Luxy Big Beautiful ORB detects breakouts and retests of those ranges using a percentage buffer, a minimum number of bars outside the range and a cap on cycles. Session hours can be auto-detected or custom, with optional extended hours. Label style and size are adjustable. It is a visual indicator and places no orders.
- Four opening range stages with mid line
- Breakout and retest labels with cycle limit
- Auto-detected or custom session hours
- Selectable edge label styles
Details
Published by
hintheman on GitHub
Type
Draws
On the price chart
Category
Timeframes
M1-M5, M15-H1
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Repository
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Show Edge Labels | bool | true | showEdgeLabels |
| Edge Label Style | string | Left box | edgeLabelStyle |
| Label Format | string | Detailed | labelFormat |
| All Label Size | string | Small | labelSize |
| Show Background | bool | true | showBG |
| | Transparency | int | 95 | fillTransparency |
| Enable ORB 5 | bool | true | enableORB5Signals |
| orb5LineColor | color | color.yellow | orb5LineColor |
| Enable ORB15 | bool | true | enableORB15Signals |
| orb15LineColor | color | color.green | orb15LineColor |
| Enable ORB30 | bool | true | enableORB30Signals |
| orb30LineColor | color | color.blue | orb30LineColor |
Show all 40 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Enable ORB60 | bool | true | enableORB60Signals |
| orb60LineColor | color | color.purple | orb60LineColor |
| Mid-Range Line | bool | true | showMidLine |
| Session Mode | string | Auto-Detect | sessionMode |
| Custom Session Hours | session | 0930-1600 | customSession |
| Include Extended Hours | bool | false | enableExtendedHours |
| Pre-Market | session | 0400-0930 | extendedPreMarket |
| After-Hours | session | 1600-2000 | extendedAfterHours |
| Futures Trading Hours | string | Auto-Detect | futuresTradingHours |
| Enable Breakout Detection | bool | true | enableBreakout |
| Show Breakout Labels | bool | true | showBreakLabels |
| Show Retest Labels | bool | true | enableRetest |
| Signal Mode | string | Track Cycles | signalMode |
| Max Cycles | int | 6 | maxCycles |
| Breakout Buffer (%) | float | 0.2 | breakoutBuffer |
| Retest Buffer (%) | float | 0.0 | retestBuffer |
| Min Distance for Retest (%) | float | 0.5 | minRetestDistancePct |
| Min Bars Outside ORB | int | 2 | minBarsOutside |
| Min Pullback for Re-break (%) | float | 0.3 | minPullbackPct |
| Enable FVG Filter | | bool | false | enableFVGFilter |
| Show FVG Boxes | bool | true | showFVG |
| Max FVG | int | 5 | maxFVGtoKeep |
| FVG Proximity | float | 2.0 | fvgProximity |
| Transparency | int | 90 | fvgTransparency |
| Bullish FVG | color | color.green | fvgBullColor |
| Bearish FVG | color | color.orange | fvgBearColor |
| Enable Pullback Filter | bool | false | enablePullbackFilter |
| Pullback Required (%) | float | 0.3 | pullbackPercent |
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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