ORB Analyzer – Consumer Information – Different – 11 January 2026

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

The indicator analyzes:

• breakout continuation (TP vs SL hit charges)

• development persistence over time

• imply reversion chance

• conduct throughout completely different vary sizes and instances of day

It doesn’t generate commerce alerts and doesn’t predict the market, nevertheless it helps to determine dominant market conduct. Its goal is to help data-driven decision-making.

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

The ORB Analyzer:

• is not restricted to market opens

• works with any customized time window

• evaluates worth conduct relative to that vary

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

Breakouts are evaluated utilizing candle closes solely.
Momentary intrabar strikes and M1 worth spikes that don’t shut outdoors the vary aren’t 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 greater breakout chance

• medium ranges are inclined to imply revert extra typically

• giant ranges are extra often trend-driven

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

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

• waits for the primary candle shut outdoors the vary

• defines commerce path primarily based 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 inside 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 state of affairs

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

A day is assessed as a profitable development day if:

• worth breaks out on just one aspect of the vary

• worth doesn’t break the alternative aspect

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

This separates non permanent enlargement from sustained directional motion.

determine 2: typical development state of affairs

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

1. Regime classification
   A day is assessed as mean-reverting if worth 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 worth 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 state of affairs

Distinction between Breakout and Pattern:

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

For every analyzed buying and selling day, the indicator:

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

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

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 circumstances, the indicator is designed to prioritize current information.
Whereas longer lookback intervals can present a broader historic overview, excessively lengthy samples could combine incompatible market regimes.
For sensible evaluation, a lookback of as much as roughly 30- 100 buying and selling days is really useful, with longer intervals 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 instances are primarily based on the dealer’s server time.

determine 4: enter variables

Basic

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 could embrace outdated market circumstances.

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 intervals with holidays or low liquidity.

Opening Vary

OR Begin Hour (Dealer Server Time)
Hour at which the Opening Vary calculation begins, primarily based 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 measurement.
Instance: 1.0 = Cease Loss equals the total Opening Vary.

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

Imply Reversion Mannequin

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

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

Analysis Occasions

Pattern 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 High, RT = Proper High, 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 primarily based on historic information and don’t account for slippage, spreads, commissions, or execution constraints.
Previous conduct doesn’t assure future outcomes.