ORB Indicator

Opening Range Detection – Detects the opening range based on a configurable time period
Breakout Signals – Displays signals on breakouts of the OR levels
Targets – Calculates and shows target levels based on a percentage of the OR width
Daily Bias – Considers the daily trend for signal filtering
Moving Average – Optionally displays moving averages

Important Adjustments for MQL5:
Visualization:

• Line plots for ORH, ORL, and ORM (Opening Range High/Low/Middle)

• Graphical objects for targets, signals, and OR box

• Color coding based on the daily direction

Parameters:

• All key settings available as input parameters

• Flexible time configuration for the opening range

• Customizable colors and styles

Functionality:

• Session management for OR times

• Target calculation with configurable percentages

• Signal logic with bias options

• Option to display historical data

Special Features:

• Object management for clean chart display

• Memory-efficient implementation

• Robust time handling across time zones
  ✅ Precise time calculation for various markets
  ✅ Flexible configuration without code changes
  ✅ Global compatibility for all trading sessions
  ✅ Easy operation via integer parameters

The indicator now calculates all time-based functions (Opening Range, Custom Range, Session Detection) based on the set time zone, making it usable worldwide across different markets.