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
ORB + Targets
An opening range breakout indicator that records the high and low of a configurable session window (default 06:00 to 06:20 in a chosen timezone) and draws them on the price chart.
GitHub stars1on the repository
Pine versionv6current
Lines of code202
Settings6inputs
LicenceNone stated
Last update2 weeks ago12 Oct 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
After the window closes it marks a close beyond either edge, optionally requiring volume above a multiple of its 20-bar average. Target levels are projected at two, four and six times the range from each edge, with boxes tracking the trade. A dark or light colour mode is included.
- Opening range high and low from a custom session
- Optional volume confirmation filter
- Targets at 2x, 4x and 6x the range
- Timezone selector and light or dark theme
Details
Published by
kasutu on GitHub
Type
Draws
On the price chart
Category
Markets
Any symbol
Timeframes
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.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| ORB total time (minutes) | int | 15 | inputMax |
| Session Time | session | 0600-0620 | sess |
| Timezone | string | America/New_York | timezone_input |
| Require Volume Confirmation | bool | true | volConfirm |
| Volume Multiplier | float | 1.5 | volMultiplier |
| Dark Mode | bool | true | dark_mode |
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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