The Chart Mechanics Opening Range Indicator MT5
- Indicatori
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Daniel Reynolds
MQL4 and MQL5 developer building Expert Advisors, indicators, trade panels and utilities for MetaTrader 4 and 5.
What I build: - Versione: 1.0
- Attivazioni: 10
TCM ORB Indicator for MetaTrader 5 draws the opening range of the Asia, London and New York sessions and marks breakouts from each range on closed candles. What it shows - A box for each session's opening range (the first 30 minutes by default, adjustable) - Session times adjusted to your broker's clock and daylight saving automatically, or set manually - A breakout arrow when a candle closes outside the range - Optional entry, stop-loss and take-profit lines for each breakout, with an adjustable reward multiple and stop buffer - Each session's breakouts can end when the next session opens Alerts Pop-up alerts and optional push notifications to the MetaTrader mobile app on a new breakout. Inputs Session times (automatic or manual), Opening range length, Show London, New York and Asia, End breakouts at the next session, Days of boxes to show, Manual session hours, Latest breakout time, Show trade levels, Reward multiple, Stop buffer, Pop-up alerts, Push notifications, Arrows and colours, Show title, Title position. Works on any symbol. Best on M5 to M30 charts. The indicator does not place trades. Tools and education only. Not financial advice. Trading involves risk.
