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ORB w/ FVG Retest and Engulfing v001

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Opening Range Breakout with FVG Retest and Engulfing Indicator v001

Visual indicator implementing the "First Candle Rule" - shows entry signals for opening range breakouts with Fair Value Gap confirmation.

HOW IT WORKS:
1. Identifies first 5-minute candle at exchange open and marks high/low as key levels
2. Displays opening range lines (green high, red low)
3. Shows Fair Value Gap boxes when price breaks through levels
4. Displays entry labels when FVG retest and engulfing confirmation occur

FEATURES:
✓ Exchange-specific opening times (NYSE, NASDAQ, AMEX, TSX, LSE, ASX, Custom)
✓ Automatic opening range calculation
✓ FVG detection with visual boxes
✓ Entry signal labels at confirmation points
✓ Customizable FVG display options
✓ Toggle entry label visibility

Best used on 1-minute chart. Green FVG boxes = long opportunities, Red FVG boxes = short opportunities. Wait for entry labels to appear before considering trades.

면책사항

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