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Opening Range Breakout (ORB) Indicator — Description

The Opening Range Breakout (ORB) Indicator automatically plots the high, low, and midpoint of the opening range for any market and any timeframe. This tool is ideal for intraday traders who rely on the initial price discovery window to identify direction, trend bias, liquidity sweeps, and breakout opportunities.

Features include:

Custom Opening Range start and end times

Opening Range High / Low / Mid lines

Optional session shading

Alerts for ORH/ORL breaks

Works across equities, futures, and crypto

This indicator lets traders tailor the ORB to 1m, 5m, 15m, 30m, or custom opening windows depending on their strategy.

How to Set the Time Correctly (IMPORTANT)

TradingView handles time based on two different factors:

The time zone of the chart/exchange

The time zone selected inside the indicator settings

Your ORB will ONLY plot correctly if your input times match the indicator’s chosen timezone—not your computer’s timezone.

Example: Matching NYSE Open While Trading From PST

NYSE opens at 9:30 AM Eastern Time

In Pacific Time (PST), this is 6:30 AM

In UTC, this is 14:30

If your indicator is set to use UTC, you must enter the ORB Start = 14:30 in order for the lines to align with the actual New York session open.

This is why, even though you personally trade in PST, you may need to use 14:30 when your chart or your indicator timezone is UTC.

Best Practice for Correct ORB Time Inputs

Choose your indicator timezone first, then enter the ORB start/end times in THAT zone:

If Indicator Timezone = America/New_York

Enter 09:30 for the ORB start

No conversion needed

If Indicator Timezone = America/Los_Angeles (PST)

Enter 06:30 for the ORB start

Matches NY open automatically

If Indicator Timezone = UTC

Enter 14:30 for the ORB start

This is 9:30 ET converted to UTC

The indicator intentionally allows manual timezone control so traders can align the opening range across global markets without depending on the chart's display timezone.
Informacje o Wersji
Opening Range Breakout (ORB) Indicator — Description

The Opening Range Breakout (ORB) Indicator automatically plots the high, low, and midpoint of the opening range for any market and any timeframe. This tool is ideal for intraday traders who rely on the initial price discovery window to identify direction, trend bias, liquidity sweeps, and breakout opportunities.

Features include:

Custom Opening Range start and end times

Opening Range High / Low / Mid lines

Optional session shading

Alerts for ORH/ORL breaks

Works across equities, futures, and crypto

This indicator lets traders tailor the ORB to 1m, 5m, 15m, 30m, or custom opening windows depending on their strategy.

How to Set the Time Correctly (IMPORTANT)

TradingView handles time based on two different factors:

The time zone of the chart/exchange

The time zone selected inside the indicator settings

Your ORB will ONLY plot correctly if your input times match the indicator’s chosen timezone—not your computer’s timezone.

Example: Matching NYSE Open While Trading From PST

NYSE opens at 9:30 AM Eastern Time

In Pacific Time (PST), this is 6:30 AM

In UTC, this is 14:30

If your indicator is set to use UTC, you must enter the ORB Start = 14:30 in order for the lines to align with the actual New York session open.

This is why, even though you personally trade in PST, you may need to use 14:30 when your chart or your indicator timezone is UTC.

Best Practice for Correct ORB Time Inputs

Choose your indicator timezone first, then enter the ORB start/end times in THAT zone:

If Indicator Timezone = America/New_York

Enter 09:30 for the ORB start

No conversion needed

If Indicator Timezone = America/Los_Angeles (PST)

Enter 06:30 for the ORB start

Matches NY open automatically

If Indicator Timezone = UTC

Enter 14:30 for the ORB start

This is 9:30 ET converted to UTC

The indicator intentionally allows manual timezone control so traders can align the opening range across global markets without depending on the chart's display timezone.

Summary

The ORB indicator gives you precise control over session timing by allowing custom timezone and opening-range inputs.
Just remember:

👉 Times must always match the indicator’s timezone setting, not your computer’s timezone.
👉 NY open (9:30 ET) = 06:30 PST = 14:30 UTC, depending on the mode you choose.
👉 Once set correctly, the ORB will always plot the true session highs, lows, and midpoints—regardless of where you trade from.

Wyłączenie odpowiedzialności

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