OPEN-SOURCE SCRIPT
Timebender - ORG
Timebender – ORG (Opening Range Gap) identifies and visualizes the price gap between the prior session close and the new session open using a fixed New York session anchor (16:14 → 09:30).
The script automatically draws a gap box and allows traders to break the range into configurable internal levels for structured analysis.
Features
Anchored to New York time for consistent gap detection
Uses the true 1-minute close at 16:14 when available
Optional internal divisions:
Midpoint only
4 quadrants
8 quadrants
Customizable line style and thickness
Adjustable box extension and historical lookback
Session delineation markers
Displays on higher timeframes (up to the selected limit)
How It Works
When a new session begins, the indicator captures the prior session’s closing price and compares it with the new open to define the opening range gap. The gap is then projected forward so traders can monitor interaction with the range throughout the session.
Internal divisions help frame premium/discount areas inside the gap and provide consistent reference levels.
Notes
Designed for instruments that respect the New York session structure.
Visual tool only — it does not generate trade signals.
Always test any tool within your own methodology before using it in live markets.
The script automatically draws a gap box and allows traders to break the range into configurable internal levels for structured analysis.
Features
Anchored to New York time for consistent gap detection
Uses the true 1-minute close at 16:14 when available
Optional internal divisions:
Midpoint only
4 quadrants
8 quadrants
Customizable line style and thickness
Adjustable box extension and historical lookback
Session delineation markers
Displays on higher timeframes (up to the selected limit)
How It Works
When a new session begins, the indicator captures the prior session’s closing price and compares it with the new open to define the opening range gap. The gap is then projected forward so traders can monitor interaction with the range throughout the session.
Internal divisions help frame premium/discount areas inside the gap and provide consistent reference levels.
Notes
Designed for instruments that respect the New York session structure.
Visual tool only — it does not generate trade signals.
Always test any tool within your own methodology before using it in live markets.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
once you see what is possible, how can you do otherwise?
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
once you see what is possible, how can you do otherwise?
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.