NY ORB + Fakeout Detector

🗽 NY ORB + Fakeout Detector
This indicator automatically plots the New York Opening Range (ORB) based on the first 15 minutes of the NY session (15:30–15:45 CEST / 13:30–13:45 UTC) and detects potential fakeouts (false breakouts).

🔍 Key Features:
✅ Plots ORB high and low based on the 15-minute NY open range
✅ Automatically detects fake breakouts (price wicks beyond the box but closes back inside)
✅ Visual markers:
  🔺 "Fake ↑" if a fake breakout occurs above the range
  🔻 "Fake ↓" if a fake breakout occurs below the range
✅ Gray background highlights the ORB session window
✅ Designed for scalping and short-term breakout strategies

🧠 Best For:
Intraday traders looking for NY volatility setups

Scalpers using ORB-based entries

Traders seeking early-session fakeout traps to avoid false signals

Those combining with EMA 12/21, volume, or other confluence tools