OPEN-SOURCE SCRIPT
FDAX Marrell
FDAX ONR + Range/Trend Confirm + 15m FVG (CET) — Indicator Description
This indicator is designed for FDAX traders who trade 15m Fair Value Gaps (FVG) using 1m confirmation (CISD/SMC execution) and want to avoid getting chopped in range days.
What it does
Overnight Range (ONR) module (00:00–08:55 CET)
Draws the Overnight box.
Calculates and displays key ON metrics:
ONR – overnight range size
Score – overnight directional efficiency (how “one-way” the move was)
Loc – where price closed inside the overnight range (close location)
Flags a Pre-Range bias when overnight behavior suggests a higher probability of a choppy/session-range environment.
Range vs Trend confirmation (European open logic)
Builds the Opening Range (OR30) box (09:00–09:30 CET).
Tracks TR60 (09:00–10:00 CET) for early volatility expansion.
Confirms the session state:
WAIT – no confirmation yet
CONFIRMED RANGE – conditions point to a balanced/choppy day
CONFIRMED TREND – volatility expansion and acceptance outside OR indicates a trending day
15m FVG overlays
Plots 15m FVG zones (bullish/bearish) as clean extending boxes.
Optional filters:
Show FVGs only when CONFIRMED TREND (to avoid taking FVGs in chop).
Hide FVGs inside the EQ zone (mid-range) to reduce low-quality setups.
Why it’s useful
Range days are where most stop streaks happen when trading FVG + 1m confirmation. This indicator helps you:
Identify when the market is likely to be balanced/choppy
Wait for trend confirmation before taking aggressive FVG plays
Focus only on high-probability FVG locations aligned with session conditions
Best use
Use the indicator on FDAX (EUREX) with 15m / 5m context and execute on 1m.
Prioritize FVGs during CONFIRMED TREND and be selective (or reduce size) during WAIT / CONFIRMED RANGE.
If you want, I can also write a shorter “TradingView public script style” description (2–3 lines + bullet features), or a more marketing/premium description for your community.
This indicator is designed for FDAX traders who trade 15m Fair Value Gaps (FVG) using 1m confirmation (CISD/SMC execution) and want to avoid getting chopped in range days.
What it does
Overnight Range (ONR) module (00:00–08:55 CET)
Draws the Overnight box.
Calculates and displays key ON metrics:
ONR – overnight range size
Score – overnight directional efficiency (how “one-way” the move was)
Loc – where price closed inside the overnight range (close location)
Flags a Pre-Range bias when overnight behavior suggests a higher probability of a choppy/session-range environment.
Range vs Trend confirmation (European open logic)
Builds the Opening Range (OR30) box (09:00–09:30 CET).
Tracks TR60 (09:00–10:00 CET) for early volatility expansion.
Confirms the session state:
WAIT – no confirmation yet
CONFIRMED RANGE – conditions point to a balanced/choppy day
CONFIRMED TREND – volatility expansion and acceptance outside OR indicates a trending day
15m FVG overlays
Plots 15m FVG zones (bullish/bearish) as clean extending boxes.
Optional filters:
Show FVGs only when CONFIRMED TREND (to avoid taking FVGs in chop).
Hide FVGs inside the EQ zone (mid-range) to reduce low-quality setups.
Why it’s useful
Range days are where most stop streaks happen when trading FVG + 1m confirmation. This indicator helps you:
Identify when the market is likely to be balanced/choppy
Wait for trend confirmation before taking aggressive FVG plays
Focus only on high-probability FVG locations aligned with session conditions
Best use
Use the indicator on FDAX (EUREX) with 15m / 5m context and execute on 1m.
Prioritize FVGs during CONFIRMED TREND and be selective (or reduce size) during WAIT / CONFIRMED RANGE.
If you want, I can also write a shorter “TradingView public script style” description (2–3 lines + bullet features), or a more marketing/premium description for your community.
Скрипт с открытым кодом
В истинном духе TradingView, создатель этого скрипта сделал его открытым исходным кодом, чтобы трейдеры могли проверить и убедиться в его функциональности. Браво автору! Вы можете использовать его бесплатно, но помните, что перепубликация кода подчиняется нашим Правилам поведения.
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
Скрипт с открытым кодом
В истинном духе TradingView, создатель этого скрипта сделал его открытым исходным кодом, чтобы трейдеры могли проверить и убедиться в его функциональности. Браво автору! Вы можете использовать его бесплатно, но помните, что перепубликация кода подчиняется нашим Правилам поведения.
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.