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 v5 · On the chart
Path A — ORB (Demo)
This indicator calculates the opening range high and low for the first N minutes of a user-defined session.
GitHub stars5on the repository
Pine versionv5runs as is
Lines of code79
Settings7inputs
LicenceCustom licence
Last update5 months ago22 May 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
Path A — ORB (Demo) plots the ORB levels on the price chart and emits long breakout signals when price closes above the ORB high and short breakout signals when price closes below the ORB low. Signals are emitted once per side per session only. Main settings adjust the ORB window length, session start time, timezone, and display options for levels or signals. It draws exclusively on the price chart with no separate pane. It is a demo strategy with no built-in stop loss or take profit and requires manual audit before any live use.
- Opening Range Breakout
- ORB High Low Lines
- Session Gated Signals
- Entry Markers
- RTH Session Filter
Details
Published by
plutothedev on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Breakout, Sessions & time, Support & resistance
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.
Topics
ai-tradingalgorithmic-tradingclaudefuturespinescriptquanttradingtradingview
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| ORB Window (minutes) | int | 5 | orb_minutes |
| RTH Session (exchange tz) | session | 0930-1600 | session_start |
| Session Timezone | string | America/New_York | session_tz |
| Risk per trade (R, points) | float | 1.0 | risk_R |
| Target (multiple of R) | float | 2.0 | target_R |
| Show ORB high/low lines | bool | true | show_levels |
| Show entry markers | bool | true | show_signals |
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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