The indicator plots the opening range of different time frame useful for intraday for range breakouts. It is combined with VWAP and MVWAP( EMA on VWAP ) to look for low risk areas to take positions and also filters whipsaws
ملاحظات الأخبار
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Added pivot point for intraday crucial levels
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Updated the name of various plots so its less confusing.
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Now it can be used for any market.
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Now session is as per the time input. Modified for the futures script of different markets.
hey wonderful indicator love it. can u pls help me with one thing though, when i am using the 15 minute time frame the open range looks ok for 15 minutes, but if i wish to see 15 minutes range in 5 min chart i cant do it. already tried choosing 15 mins as higher time frame
Trader_Shyam
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@pragyarikhari, hey thanks for asking. I have checked it my self if you choose same as chart it will automatically adjust to the time frame you are looking at but if you choose specific time frame the range is fixed on that time frame regardless of your chart time frame. If you have any problem do dm me i will share you the screenshots for your help. Hope it helps.
TradetalkswithPragya
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@Trader_Shyam, hey thank you so much for the response, is this the right way to apply the open range for first 15 minutes? set hightimeframe = 15 mints. sessspec = 9:15-9:30/
i wish to see 15 minutes range in 5 min chart
i am seeing it correclty when i am using 15 mns chart but not in 5 mns
pls correct me if this is not the way to do it.
masticolas
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Are the time settings relative to the time zone setting in TradingView? For example, what would the session times be for the NY session if TradingView is set to UTC time?
shubhamkakade8594
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Are u on youtube can u teach me how to trade with ur script
Manav_S
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Hi great indicator, I am unable to understand Opening range.. if I am selecting 15M chart it is not picking up 15M upper and lower band but showing some other Uppar and lower band. Can you please explain
Trader_Shyam
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@Manav_S, By default it set to 15 min, if you want it to be auto selected, select the "same on chart" from the settings inputs.
tapandave
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hi plz make ADX_3X indicator it is very good for long time frame
bldgr
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Can't get the time settings to work for ES. Any ideas?