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
Overnight Range Breakout
This script tracks high and low levels established during a defined overnight trading session in exchange time.
GitHub stars1on the repository
Pine versionv6current
Lines of code75
Settings6inputs
LicenceNone stated
Last update5 weeks ago23 Sep 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
Once the overnight session completes, the indicator plots frozen horizontal high and low boundary lines on the price chart. When price closes above the overnight high or below the overnight low during subsequent session hours, the script generates bar-close confirmed breakout shape signals and alerts. Users can customize the session start and end hours or minutes and toggle visual lines and signals.
- Configurable overnight session window in exchange time
- Horizontal high and low boundary lines for overnight range
- Bar-close confirmed breakout signals and plot shapes
- Alert conditions for bullish and bearish overnight range breakouts
Details
Published by
JACKZHOU0521 on GitHub
Type
Draws
On the price chart
Category
Markets
Any symbol
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.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Session start hour | int | 20 | sH |
| Session start minute | int | 0 | sM |
| Session end hour | int | 8 | eH |
| Session end minute | int | 0 | eM |
| Show overnight high/low lines | bool | true | showLn |
| Breakout signals | bool | true | showBO |
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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