ORx

📌 Public Description for ORx - Opening Range Expansion
ORx - Opening Range Expansion is an advanced visual indicator designed to highlight trading zones based on the high and low of the first 4 candles of the 5-minute timeframe after the session opens.

🔹 Available session presets:

Market Open → from 6:00 PM NY to 6:00 PM the next day

Kill Zone NY → from 7:00 AM to 11:00 AM NY (ideal for high-liquidity windows)

Week Open → starts Sunday at 6:00 PM NY and ends Friday at 6:00 PM NY (weekly macro context)

🔹 Automatically drawn components:

Opening Range channel

Neutral zones (same size as the OR, above and below)

Multiple expansion zones (up to 5, user-defined)

Intermediate levels between each expansion

🔹 Customization options:

User-defined color and line style for each type of zone

Built with America/New_York timezone logic for maximum session accuracy

🧠 Ideal for traders using price structure, institutional flow, SMC, or ICT-based approaches.

⚠️ Best used on 5-minute charts to ensure proper zone calibration.