Brackets Indicator

Category: market_structure, volatility

Marks the high and low price levels within a user-defined recurring daily time window (e.g., opening ranges) and draws them as horizontal segments on the chart.

Formula

High = \max(High_{session\_window}), Low = \min(Low_{session\_window})

Inputs

• TimeWindow (default: 09:00-10:00)
• NumberOfBrackets (default: 3)
• BracketsColor (default: Blue)

See signal primitives and every published strategy that uses Brackets Indicator on WOBR StrategyVerse.