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Opening Range Indicator

This indicator draws two lines on your chart. This lines represent the high and the low of a customizable time range (Opening Range). The strategy: you should trade in the direction of the breakout.

Mostly the opening range is between 8:00 and 9:00

Example:

  • DAX/GER30/(German Index) -> From 8:00 to 9:15
  • EUR/USD (German Timezone) -> From 7:00 to 9:00

You could use a Moving Average as a filter for the breakouts.

Maksym Mudrakov
9725
2016.08.31 07:28 
 

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Version 1.10 - 2015.04.07
Objects disappear after you delete the indicator from the chart.