The Fire Range indicator automatically identifies and marks the first 15 seconds of the opening range at the New York market open, a critical level for determining market direction. This range is widely regarded as the most significant price level for establishing bias during the NY session, making it an essential tool for profitability.
The indicator also displays the previous 1-7 Fire Ranges from past NY sessions, providing valuable context as price often revisits these levels. Designed to simplify the trading experience, Fire Range eliminates the need for manual range identification by highlighting key price levels in real time. Note that the indicator functions on timeframes of 30 minutes or lower—above 30 minutes, it will not display. On smaller timeframes, it becomes especially useful for tracking strategy performance, as the breakout of the Fire Range typically triggers directional market movement. Any pullback to this range often serves as a viable entry point for continuation trades.
For strategy development, users can leverage TradingView’s Bar Replay feature to backtest additional historical ranges by navigating to specific days and analyzing market behavior. When paired with the Sigmas, this indicator becomes even more powerful, offering traders a streamlined and effective way to enhance their NY session trading.
Disclaimer: The Fire Range Indicator requires a TradingView Pro plan or higher to access and view the indicator. Without a Pro plan or above, you will not be able to see or use this indicator.
