Opening Range FVG Breakout MT5

Limited-time free release: this indicator is free while we collect real trader feedback. Please leave a comment with your requests, issues, settings ideas, or features you want us to consider for the premium version.

Opening Range FVG Breakout MT5 marks the opening range, breakout levels, projected targets, and optional Fair Value Gap confluence zones.

Use it to:

  • Frame the first range of a trading session.
  • Spot bullish and bearish breakouts beyond the range.
  • Filter breakout arrows with FVG confluence.
  • Plan target zones using range multiples.

What it shows:

  • Opening range high and low.
  • Range box for each recent session.
  • Bullish and bearish breakout arrows.
  • Optional FVG boxes near breakout candles.
  • Optional 1R and 2R target guide lines.

Main inputs:

  • SessionStartHour and SessionStartMinute : session opening time in broker/server time.
  • OpeningRangeMinutes : how long the opening range is built.
  • BreakoutBufferATR : ATR buffer beyond the range before a breakout is accepted.
  • ShowFVGConfluence : requires a Fair Value Gap near the breakout candle.
  • MinFVGSizeATR : minimum FVG size relative to ATR.
  • ShowTargets , TargetR1 , and TargetR2 : range-multiple target guides.

Buffers:

  • Buffer 0: bullish breakout arrow.
  • Buffer 1: bearish breakout arrow.
  • Buffer 2: opening range high.
  • Buffer 3: opening range low.

Risk note: this is a technical analysis tool. It does not guarantee profitable trades. Confirm signals with your own market context, execution rules, and risk management.

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