OPEN-SOURCE SCRIPT

New York Master Range

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📈 New York Master Range (5-Min Timeframe)

Description:
This custom TradingView indicator captures the opening range based on the body high and low of the first 3 candles after 10:30 AM (BRT – Brasília Time) on the 5-minute timeframe — a technique often used during the New York market session.

🔍 How it works:

At exactly 10:30 AM (BRT), the indicator starts collecting the highs and lows of candle bodies (not wicks) for the next 3 five-minute candles.

Once the 3 candles are processed, the highest close/open (body high) and lowest close/open (body low) are plotted as static green and red lines on the chart.

These levels can act as key intraday support/resistance zones or range breakout triggers.

Aviso legal

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