ORB Indicator
- Göstergeler
- Sürüm: 1.0
- Etkinleştirmeler: 15
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.
