ORBit Indicator for NinjaTrader 8

You set the opening-range window and pick up to two conditions — say, the overnight gap and the opening trend. The indicator works out today’s value for each from your own chart, asks the ORBit service for every past day that matched, and draws where those days ran to and pulled back to. When price reaches an edge of the range, then a 5-minute and a 15-minute candle close beyond it, it asks again — each confirmation narrows the history and tightens the numbers.

• The opening-range box, its thirds and a standard-deviation grid (1 SD = one range width).
• Extension and retracement lines — Q1, median, average, Q3 — for the matching days.
• A confirmation marker for each of touch, 5-minute close and 15-minute close.
• Daily, weekly, monthly, quarterly and yearly highs and lows.
• A dashboard with the win rate, profit factor and day outcomes of the matching days, and how far each differs from an ordinary day.

Pro

The indicator is part of Pro, on every market — Nasdaq included. Your key is checked on every question it asks, so it stops the moment a plan ends.

NinjaTrader 8

Any licence, with a data connection for the market (live or delayed). The sixteen ORBit markets and their micros: NQ, ES, YM, RTY, GC, SI, CL, NG, BTC, FDAX, NKD, 6E, 6B, 6J, 6A, 6S.

An Internet Connection

The statistics come from the service, not from the file.

1. Open the NinjaTrader Tile In the tool: ORBit Observer in the rail → Take It to NinjaTrader.
2. Download It Set Up Once → Download the Indicator. Keep the .zip as it is.

   

3. Import It NinjaTrader Control Center → Tools → Import → NinjaScript Add-On, pick the .zip. It compiles and is listed as ORBit Indicator for NinjaTrader 8.
4. Copy Your Key Back on the tile, the copy button next to your key. It is your personal indicator key — keep it to yourself. The circular-arrow button in front of it makes a new key if the old one has leaked (click it twice to confirm — the old key then stops working on every chart).

1. The Market Any of the sixteen ORBit markets, the continuous front contract. A micro is fine — MNQ reads the NQ statistics, and the dashboard says so.
2. A 1 Minute or 5 Minute Chart The indicator needs to see the 5- and 15-minute closes to tighten its reading, so stay at or below 5 minutes. The chart period must divide your range length.
3. A Full 24 Hour Session Template Not RTH only — the overnight gap and the volatility read the full session.
4. Enough History Days to load at 10 or more. The volume and trend conditions fetch the longer history they need by themselves on startup.

You do not need to change NinjaTrader’s time zone. The indicator converts your display time zone to New York time itself, so the opening range sits at the right hours whatever NinjaTrader is set to.

1. Open Indicators Right-click the chart → Indicators… → add ORBit Indicator for NinjaTrader 8.
2. Paste the Key Group 01. Live statistics → Licence Key.

   

3. Set the Opening Range OR Start and OR End in New York time — 0930 and 0945 for the classic 15-minute range. Any window on a 5-minute mark works, from 5 minutes up to 16 hours (9:30, 09:30 and 930 are all fine).
4. Pick Your Conditions Condition 1 and Condition 2 — see Choose your conditions. Leave them on None to start.
5. Match Your Chart Theme Group 05 → Chart Background. It ships on Dark (white lines); pick Light on a white chart.
6. Click OK The dashboard appears top-right and the levels draw as soon as the range forms.

A condition is a dimension of the day — you choose which, never the value. Pick “Overnight gap” and the indicator measures today’s gap itself, then asks for every past day with a similar gap.

The dashboard lists all eleven with today’s value, so you can spot the unusual ones before you choose. The two you picked are marked ◆ and show their sample cost — how many past days each condition removed.

1. Range Forming The box grows and the conditions show live estimates marked ~. The Outcome block previews both sides: what history says for a long touch and for a short touch.
2. Touch Price reaches an edge of the range (touching the border is enough). The indicator asks for days that touched the same edge, draws their lines and drops the first marker.
3. 5 Minute Close A 5-minute candle closes beyond an edge, on the clock (09:35, 09:40 and so on, the candles your chart shows). It asks again with that narrower population — the lines tighten, a larger marker drops.
4. 15 Minute Close The same for a 15-minute close (09:45, 10:00 and so on). This is the final reading for the day.

The right-hand Upcoming column always shows what the next confirmation would read, before it happens. Read Statistics At pins one confirmation instead — the indicator then waits for exactly that one and never moves.

Symbol · OR · OR Size

The market it asked about (MNQ → NQ for a micro), the window, and the range size in points and money per contract.

Basis

Where the day stands: range forming, formed and waiting, HIGH touched, 5-min CLOSE above the HIGH and so on.

Sample

How many past days match, and over which dates. Amber under 30 days.

Outcome

For the matching days: win rate at your Target, profit factor, and how the day ended — continued, reversed, closed inside the range, or broke both sides. Left column = now, right column = the next confirmation.

( ) After a Number

The difference, in percentage points, from an ordinary day with no conditions applied. 57.4% (+3.1) means your conditions add 3.1 points. No condition picked = no brackets — the reading is the ordinary day.

Conditions

All eleven, with today’s value; ◆ marks yours, with their sample cost.

Legend

The value of each line: Q1, median, average and Q3 for extension and retracement.

DH / DL · WH / WL · MH / ML · 3MH / 3ML · 12MH / 12ML

This day’s, week’s, month’s, quarter’s and year’s high and low. A p in front (pDH) is the previous period.

Solid or Dashed

Solid = price has not traded back through the level since it printed. Dashed = it has.

~ in Front

The period is not fully covered by the loaded history, so the level may not be the true extreme.

The current period’s levels move with price as it makes new highs or lows. Hide Above Chart Minutes hides them on higher timeframes; Show HTF Key Levels switches them off.

“no licence key”

Paste the key into Licence Key. Copy it from Take It to NinjaTrader.

“licence key not recognised”

A typo, or the key was regenerated. Copy it again from the Take It to NinjaTrader tile and paste it fresh.

“your Pro plan does not cover this”

The key is fine but the Pro plan has ended. The indicator is Pro on every market, Nasdaq included.

“cannot reach orbitanalytics.trading” / “server said 502”

A connection problem. The chart’s own levels stay drawn and it retries every 20 seconds by itself.

“too many queries”

Many charts on one connection asking at once. It recovers on its own within a minute.

“… is not one of the sixteen markets ORBit carries”

Your broker names the contract differently. Type the ORBit name (NQ, 6E …) into Symbol Override.

“starts after the range — raise Days-to-load”

The chart’s history begins after today’s range. Load more days.

“cannot close the range — use a finer chart”

The chart period does not divide the range. Switch to 1 or 5 minutes.

“cannot see the 5-min/15-min close”

The chart is coarser than that close. Use a 5- or 1-minute chart.

A Condition Says “loading”

Its extra history is still arriving. It fills in by itself and the numbers re-ask.

Win Rate Reads “entry already past this target”

On this confirmation the entry is already beyond your Target, so no trade could still win at it. Choose a larger Target.

Preset String Draws Nothing

The pasted preset is a trade type the chart cannot draw as a breakout: Reversal, OR Close, Break and Retest, Reversal Rebreak, Reversal Break and Retest, the close-back-inside Failed Breakout or an unknown type. NinjaTrader’s Output window names which. Switch Statistics Source back to Live.

The Lines Are Invisible

Chart Background does not match your chart. Switch Dark ↔ Light.

1. See What Changed The Changelog button at the foot of the Take It to NinjaTrader tile. Switch on Email Me on New Versions there (or under Account → Notifications) to be told by email.
2. Download and Import Download the new .zip and import it as the first time. Confirm when NinjaTrader asks to replace the files.
3. Add It Again Remove the indicator from each chart and add it again, then check its settings — your key, window and conditions.