ORB Analyzer – Consumer Information – Different – 11 January 2026

ORB Analyzer is a statistical evaluation instrument for Opening Vary habits.
It evaluates what traditionally occurred after a spread breakout.

The indicator analyzes:

• breakout continuation (TP vs SL hit charges)

• pattern persistence over time

• imply reversion chance

• habits throughout completely different vary sizes and occasions of day

It doesn’t generate commerce indicators and doesn’t predict the market, but it surely helps to determine dominant market habits. Its objective is to help data-driven decision-making.

An Opening Vary is the excessive–low value vary fashioned throughout a user-defined time window.

The ORB Analyzer:

• is not restricted to market opens

• works with any customized time window

• evaluates value habits relative to that vary

All outcomes are normalized utilizing vary multiples, making them comparable throughout volatility situations. All calculations use M1 information, unbiased of chart timeframe.

Breakouts are evaluated utilizing candle closes solely.
Non permanent intrabar strikes and M1 value spikes that don’t shut outdoors the vary usually are not counted as breakouts.

Historic vary sizes are divided into three relative classes:

• Small (magenta)

• Medium (orange)

• Giant (blue)

These classes present statistical context:

• small ranges typically present increased breakout likelihood

• medium ranges are inclined to imply revert extra typically

• massive ranges are extra regularly trend-driven

The indicator classifies every day into one in every of three regimes:

For the Breakout mannequin (see determine 1), the indicator:

• waits for the primary candle shut outdoors the vary

• defines commerce path based mostly on that breakout

• applies Cease Loss and Take Revenue ranges as vary multiples

A breakout is counted as profitable if the Take Revenue is reached earlier than the Cease Loss.
If each ranges are touched throughout the identical candle, the result is handled conservatively as a failure.

Analysis continues till the top of the buying and selling day.

determine 1: typical breakout situation

The Development regime (see determine 2) measures directional persistence, not revenue targets.

A day is assessed as a profitable pattern day if:

• value breaks out on just one facet of the vary

• value doesn’t break the other facet

• at or after the outlined TrendEndHour , the final noticed shut stays outdoors the vary within the breakout path

This separates momentary enlargement from sustained directional motion.

determine 2: typical pattern situation

Imply reversion (see determine 3) is evaluated in two steps:

1. Regime classification
   A day is assessed as mean-reverting if value closes past each sides of the vary after the vary window ends.

2. Imply Reversion commerce simulation

   • the primary breakout path is recognized

   • entry happens as soon as value returns again into the vary

   • Cease Loss and Take Revenue are utilized as vary multiples

   • success is recorded if TP is reached earlier than SL

As with the breakout mannequin, simultaneous TP and SL hits are handled conservatively.

determine 3: typical imply reversion situation

Distinction between Breakout and Development:

Breakout measures whether or not the transfer reached a predefined goal earlier than a predefined cease.
Development measures whether or not the market stayed directional till a selected time.

For every analyzed buying and selling day, the indicator:

1. Identifies the outlined vary utilizing the required begin time and length

2. Shops the vary excessive, vary low, and whole vary dimension

3. Repeats this course of till the requested variety of previous buying and selling days is collected

A most calendar lookback restrict is utilized to account for holidays and non-trading days.

To mirror altering market situations, the indicator is designed to prioritize current information.
Whereas longer lookback durations can present a broader historic overview, excessively lengthy samples might combine incompatible market regimes.
For sensible evaluation, a lookback of as much as roughly 30- 100 buying and selling days is really helpful, with longer durations used primarily for normal context.

This part explains all enter parameters of the indicator and the way they have an effect on the evaluation.
All occasions are based mostly on the dealer’s server time.

determine 4: enter variables

Normal

Chart Image
If left empty, the indicator makes use of the image of the present chart.

Variety of Previous Buying and selling Days
Defines what number of historic buying and selling days are analyzed for the statistics and hit price calculations.
Greater values enhance statistical stability however might embrace outdated market situations.

Most Calendar Days Again (Buffer)
Units the utmost variety of calendar days the indicator is allowed to look again to gather the requested variety of buying and selling days.
Helpful for durations with holidays or low liquidity.

Opening Vary

OR Begin Hour (Dealer Server Time)
Hour at which the Opening Vary calculation begins, based mostly on the dealer’s server time.

OR Begin Minute
Minute at which the Opening Vary calculation begins.

OR Period (Minutes)
Size of the Opening Vary in minutes.
The excessive and low throughout this era outline the Opening Vary.

Breakout Mannequin

Cease Loss (OR Multiplier)
Cease Loss distance expressed as a a number of of the Opening Vary dimension.
Instance: 1.0 = Cease Loss equals the complete Opening Vary.

Take Revenue (OR Multiplier)
Take Revenue distance expressed as a a number of of the Opening Vary dimension.

Imply Reversion Mannequin

Cease Loss (OR Multiplier)
Cease Loss distance expressed as a a number of of the Opening Vary dimension for imply reversion trades.

Take Revenue (OR Multiplier)
Take Revenue distance expressed as a a number of of the Opening Vary dimension.

Analysis Instances

Development Analysis Time (Hour)
Hour at which breakout (trend-following) efficiency is evaluated.

Imply Reversion Analysis Time (Hour)
Hour at which imply reversion efficiency is evaluated.

Panel

Panel Place (0=LT, 1=RT, 2=LB, 3=RB)
Defines the nook of the chart the place the panel is displayed
(LT = Left Prime, RT = Proper Prime, LB = Left Backside, RB = Proper Backside).

Horizontal Offset (Pixels)
Strikes the panel horizontally from the chosen nook.

Vertical Offset (Pixels)
Strikes the panel vertically from the chosen nook.

Panel Replace Interval (Seconds)
Defines how typically the panel information is refreshed.

All outcomes are based mostly on historic information and don’t account for slippage, spreads, commissions, or execution constraints.
Previous habits doesn’t assure future outcomes.