Opening Range Indicator
Key Features
- Automatic calculation of 15-minute opening range levels
- Clear visual signals for both bullish and bearish breakouts
- Customizable alert system for range breakouts
- Color-coded support and resistance levels
- Built-in target projections at multiple extension levels
- Compatible with all major trading platforms
The Savvy Trader Pro Opening Range Indicator is a sophisticated charting tool that precisely identifies the crucial price levels established during the first 15 minutes of market trading. This powerful indicator displays clear visual references and automatically calculates important support and resistance zones.
Developed by professional traders with decades of experience, this indicator works with all major markets and timeframes. The indicator delivers crystal-clear visual references that help you quickly identify important price levels without the need for manual calculations.
How the Indicator Works
The Opening Range Indicator tracks price action during the first 15 minutes of trading to establish a high and low range. These levels are clearly marked on your chart throughout the trading day.
When price breaks above the opening range high, a bullish signal is triggered with visual alerts on your chart. The indicator highlights potential targets based on range extension principles.
Conversely, when price breaks below the opening range low, a bearish signal is generated with corresponding visual markers. Support levels are automatically calculated to help identify potential exit points.
What You'll Receive
- Complete Opening Range Indicator installation guide
- Indicator settings and customization documentation
- Visual alert configuration instructions
- Technical support for implementation
- Free updates and improvements