FXB Daily Open Line

FXB Daily Open Line

A lightweight daily opening price indicator for MetaTrader 5.

Daily Open Line FXB automatically displays the opening price of each trading day directly on your chart, helping traders identify an important intraday price reference level.

Main Features

  • Automatically plots the daily opening price.

  • Displays historical daily opening levels.

  • Adjustable time shift in hours for custom trading sessions.

  • Optional visibility restriction to H4 and lower timeframes.

  • Lightweight indicator using a single calculation buffer.

  • Compatible with Forex, gold, indices, cryptocurrencies, and other MT5 instruments.

  • No external dependencies or automated trading.

Indicator Settings

Time Shift: Adjusts the daily session boundary in hours relative to the broker's chart time.

Hide on Higher Timeframes: When enabled, hides the indicator on charts above H1.

Trading Applications

Daily opening prices can provide useful reference levels for intraday trading, price action analysis, market bias assessment, and identifying potential support or resistance.

The indicator is suitable for traders using M1, M5, M15, M30, H1 and H4 charts.

Developed by FxBlinders

This indicator is provided for technical analysis only and does not generate guaranteed trading signals or execute trades.


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