OPEN-SOURCE SCRIPT
X Pax OR

This indicator captures and visualizes the first 30 seconds of price action starting at 9:30 AM New York time and projects its influence throughout the trading day. Inspired by Pax's open range and level analysis, it provides a structured framework for observing how markets interact with an initial volatility burst.
Core Features
Opening 30s Range Box
At the 9:30:00–9:30:30 window, the indicator records the high and low of that short-lived but impactful moment. A translucent blue box is drawn from this range and extends to 4:00 PM, clearly defining the market’s first key battleground.
User-Defined Extension Levels
From the Opening Range High, upward extensions are projected in user-defined step sizes and counts.
From the Opening Range Low, downward extensions are projected using the same configurable step settings.
These levels adapt to your market and trading style, serving as volatility-based expansion markers to track order flow clustering and potential turning points.
Historical Preservation
Each day’s range box and extension lines are stored, allowing you to review prior sessions for pattern recognition.
Independent toggles let you display or hide historical boxes and historical extensions, keeping the chart clean when needed while retaining analytical depth when desired.
Real-Time Updates
Unlike delayed higher-timeframe methods, this indicator anchors directly to intraday action as it unfolds, ensuring levels are available in real time rather than only after candle closure.
Practical Use
Spot early breakouts or failed retests of the Opening 30s range.
Use extension levels as reference points for intraday trend continuation or reversal setups.
Compare current session levels vs. prior sessions to identify recurring order flow behavior.
Design Notes
Step size, extension count, color transparency, and historical storage are fully configurable.
Clean, minimalist presentation keeps focus on price interaction with levels rather than clutter.
Built for traders who value precision and structure in intraday analysis.
Core Features
Opening 30s Range Box
At the 9:30:00–9:30:30 window, the indicator records the high and low of that short-lived but impactful moment. A translucent blue box is drawn from this range and extends to 4:00 PM, clearly defining the market’s first key battleground.
User-Defined Extension Levels
From the Opening Range High, upward extensions are projected in user-defined step sizes and counts.
From the Opening Range Low, downward extensions are projected using the same configurable step settings.
These levels adapt to your market and trading style, serving as volatility-based expansion markers to track order flow clustering and potential turning points.
Historical Preservation
Each day’s range box and extension lines are stored, allowing you to review prior sessions for pattern recognition.
Independent toggles let you display or hide historical boxes and historical extensions, keeping the chart clean when needed while retaining analytical depth when desired.
Real-Time Updates
Unlike delayed higher-timeframe methods, this indicator anchors directly to intraday action as it unfolds, ensuring levels are available in real time rather than only after candle closure.
Practical Use
Spot early breakouts or failed retests of the Opening 30s range.
Use extension levels as reference points for intraday trend continuation or reversal setups.
Compare current session levels vs. prior sessions to identify recurring order flow behavior.
Design Notes
Step size, extension count, color transparency, and historical storage are fully configurable.
Clean, minimalist presentation keeps focus on price interaction with levels rather than clutter.
Built for traders who value precision and structure in intraday analysis.
오픈 소스 스크립트
진정한 트레이딩뷰 정신에 따라 이 스크립트 작성자는 트레이더가 기능을 검토하고 검증할 수 있도록 오픈소스로 공개했습니다. 작성자에게 찬사를 보냅니다! 무료로 사용할 수 있지만 코드를 다시 게시할 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
오픈 소스 스크립트
진정한 트레이딩뷰 정신에 따라 이 스크립트 작성자는 트레이더가 기능을 검토하고 검증할 수 있도록 오픈소스로 공개했습니다. 작성자에게 찬사를 보냅니다! 무료로 사용할 수 있지만 코드를 다시 게시할 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.