The ORBit Analytics indicator
The free ORBit Analytics TradingView indicator draws the Orbit System's opening-range-breakout statistics — run, retracement and timing — live on your chart. Filter a setup in the tool, copy its preset, paste it in, and a dashboard flags whenever today's chart falls outside the conditions you studied. New here? Start with how to use the Orbit System.
Get the indicator
The ORBit Analytics Indicator is a free TradingView indicator. Open its script page, click Add to favourites, then add it to the chart of the market you want to watch. A free TradingView account is enough.
It is the live companion to the Orbit System statistics tool: the tool does the historical study, the indicator draws those exact numbers on your chart so you can watch the setup unfold in real time.
- Free, and runs on the free TradingView plan.
- Add it to whichever market matches the symbol you studied (NQ, ES, gold, crude, bitcoin…).
- It draws the opening range, a ±SD reference grid and the run / retracement / timing statistics for your setup.
Do I need a paid TradingView plan?
Not to add or use the indicator — that's free. For trading the open on futures you'll want a paid plan with real-time data, because the free plan delays futures ~10–15 minutes, which is fatal when the edge is in the first minutes after the open. If you trade the matching CFD or cash index, real-time data is usually included.
Where do the numbers come from?
They're computed by the free Orbit System tool from years of real futures data. The indicator itself doesn't crunch history — it draws the set of statistics you copy across from the tool (next steps).
Copy your setup from the Orbit System
Open the Orbit System tool and filter to the setup you want to study — instrument, opening-range window, breakout trigger, day of week, volatility, trend, overnight gap, seasonality, COT positioning… Then hit Expand to full width and click Send to TradingView.
A box opens with a compact preset string. Click Copy preset. (A TradingView indicator can't read the website, so this copy-paste string is the bridge between the two.)
- Filter to your exact setup first — the statistics follow your filters.
- "Send to TradingView" sits in the expanded view's tab row.
- The string encodes the OR window, the trigger, the direction, the run/retracement/timing stats for all four combos, and your active filters.
Do I have to log in or pay?
No — the button and the preset are free for everyone, including the free Nasdaq (NQ) dataset.
What if I change a filter later?
Just copy the preset again and re-paste it. The box recomputes live as you change filters, so the string is never stale.
Paste it into the indicator
On TradingView, open the indicator's settings (the gear), find the Preset field at the top, and paste the string in. The chart instantly redraws your exact setup — the opening range, the SD grid and the statistical lines.
Any time you tweak the setup in the tool, copy the new preset and paste it again. That's the whole loop: filter → copy → paste.
- Settings → Preset → paste → done.
- The string carries everything; there are no other inputs to line up by hand.
- Re-paste after any filter change in the tool.
The lines look like they're on the wrong candles.
Check that your chart is on the matching market and use a 1-minute chart for exact alignment (the breakout trigger is detected on small candles — see the dashboard step). All preset times are US/Eastern; the indicator handles the conversion to your chart.
Can I save presets?
Yes — save the indicator with your favourite preset as a TradingView indicator template, or just keep the strings in a note and paste whichever you need.
Read the statistical lines
The chart shows the opening-range box + OR high/low, a ±1/2/3 SD reference grid (1 SD = one opening-range width), and the statistical lines for the chosen setup — each with Median / Average / Q1 / Q3 markers.
Extension lines show how far the move typically runs beyond the broken edge. Retracement lines (winners) show how deep it typically pulls back into the range — i.e. where a stop would have survived the typical winner.
- OR box + ORH/ORL + the ±SD grid are always on.
- Extension = how far it runs; retracement = how deep winners pull back.
- Each marker's exact value is listed in the dashboard's bottom legend, not on the line.
What is "1 SD"?
One opening-range width — the same unit the statistics tool uses, so the live read and the historical study speak the same language. A 2 SD extension means the move ran two opening-range widths beyond the edge.
Why Median, Average, Q1 and Q3?
They describe the spread, not just one number: the median is the typical case, Q1/Q3 bound the middle half of trades, and the average is pulled by the big outliers. Together they show how reliable a level is.
Switch what it shows
The Which Statistics group has two switches — Breakout vs Reversal and Winners vs Losers — so you can flip between all four combinations without re-pasting. The Display dropdown picks Place (horizontal price levels), Time (vertical lines at the typical minutes after entry the move peaks / pulls back), or both.
Each of the four markers can be toggled and recoloured, and there's an optional Breakout Timing overlay that marks when the entry typically fires after the opening range closes.
- Breakout / Reversal × Winners / Losers — four combos, no re-paste.
- Display: Place (price levels) / Time (minutes after entry) / both.
- Per-marker toggles + colours; optional breakout-timing lines.
Why are there no retracement lines for losers?
Retracement is a winners-only statistic — a losing trade's pullback doesn't tell you where a stop would have survived. So losers show extension (how far they ran before turning) only.
Place or Time — which should I use?
Place answers "how far / how deep" (price levels). Time answers "how long after my entry" the extreme typically forms (in minutes). Use both together to see where and when.
Check the dashboard
The dashboard re-computes today's actual conditions live from price and flags any that fall outside the filters you studied. Day of week, Volatility (% of ADR), opening-range Trend, overnight Gap, Bars-to-entry, your Trade-time window and your Seasonal window each turn red when the live chart is outside your filter. Your COT-positioning filter is shown from the tool's snapshot.
It also reports the live facts — breakout direction, breakout time, and the trigger close. Use a 1-minute chart for exact breakout-trigger alignment; the dashboard warns if your chart timeframe is coarser than the trigger.
- A red row = today is outside a filter you studied (Day / Vol / Trend / Gap / Bars / Trade time / Season).
- COT shows your snapshot; news + holidays you judge yourself (an indicator can't fetch those live).
- Use a 1-minute chart so the breakout trigger lines up exactly.
Why isn't news flagged automatically?
TradingView indicators can't fetch an economic calendar, so news and holidays are left for you to check — the same reason the stats tool keeps them as a manual filter. Everything else (day, volatility, trend, gap, bars, time, season) is verified live.
The "Trigger" row is red.
Your chart timeframe is coarser than the breakout trigger the preset uses, so the break can't be detected exactly. Switch to a 1-minute chart (or any timeframe at or below the trigger).
Put it all together
Use the indicator as a live confirmation of the historical edge: study the setup in the Orbit System, then watch for it on the chart. When today's conditions line up (no red flags on the dashboard) and price is working the opening range, you're seeing the conditions the statistics describe — with the typical run, pullback and timing drawn exactly where they should be.
It pairs naturally with the reference guide, which explains what every filter and number on the tool means.
- Study in the tool → confirm live with the indicator.
- Best when there are no red flags and price is at the opening range.
- Educational / market-behaviour only — not a signal service.
How do I combine it with the statistics?
Read today's conditions off the dashboard, set those same filters in the Orbit System, and copy a fresh preset — so the chart always reflects the study you're looking at.
Can I automate this instead?
Automated execution is on the way as the Premium add-on (the Orbit Analytics EA for MetaTrader 5). For now, the indicator is the fastest way to watch the setup live without studying the open by hand.
This guide is educational and describes general market behaviour for the opening-range breakout. It is not trading advice, a signal service or a guarantee of future results. The ORBit Analytics Indicator is built on Czernio's open-source ORB Dashboard (CC BY-NC-SA 4.0), used with permission. Trading financial instruments carries substantial risk — never risk money you cannot afford to lose.