OPEN-SOURCE SCRIPT
Atualizado Opening Range, Initial Balance, Opening Price
This script draws Opening Range, Initial Balance and Opening Price with options to show mid levels.
By default, lines changes color depending on whether closing price is above or below the lines. Red if price is below, green if price is above.
Colors and line styles are all configurable.
Options to change label positions.
Some definitions:
Opening Range - The opening range is high and low for a given period after the market opens. This period is generally the first 30 or 60 minutes of trading
Initial Balance - WRT to TPO profile chart, the Initial Balance is the price range resulting from the market’s trade during the first two 30 minute periods of the regular trading hours session.
Why is this useful?
The first hour of the trading day is the most active and dynamic period. The price range defined by this period of trading creates some key support / resistance levels for the rest of the day. Example below:
https://www.tradingview.com/x/YdaoqNGa/
By default, lines changes color depending on whether closing price is above or below the lines. Red if price is below, green if price is above.
Colors and line styles are all configurable.
Options to change label positions.
Some definitions:
Opening Range - The opening range is high and low for a given period after the market opens. This period is generally the first 30 or 60 minutes of trading
Initial Balance - WRT to TPO profile chart, the Initial Balance is the price range resulting from the market’s trade during the first two 30 minute periods of the regular trading hours session.
Why is this useful?
The first hour of the trading day is the most active and dynamic period. The price range defined by this period of trading creates some key support / resistance levels for the rest of the day. Example below:
https://www.tradingview.com/x/YdaoqNGa/
Notas de Lançamento
Updated time zone bug to that it will work properly on futuresNotas de Lançamento
Added time zone options for sessions time. This allows users to adjust to their local time zone,Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Purchases / Subscriptions / Support - buymeacoffee.com/ptgambler
PayPal - paypal.me/PtGambler
You can reach me privately through my Discord Channel: discord.gg/WMQfaVGyQC
PayPal - paypal.me/PtGambler
You can reach me privately through my Discord Channel: discord.gg/WMQfaVGyQC
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Purchases / Subscriptions / Support - buymeacoffee.com/ptgambler
PayPal - paypal.me/PtGambler
You can reach me privately through my Discord Channel: discord.gg/WMQfaVGyQC
PayPal - paypal.me/PtGambler
You can reach me privately through my Discord Channel: discord.gg/WMQfaVGyQC
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.