ORBSuitePRO

Open Range Breakout Indicator

• 4 Entry Modes — FirstClose (standard breakout), FirstCloseDual (trade both directions), DoubleBreak (1-2-3 pullback pattern), and CounterBreak (fade the first break)
• Arm Trigger Options — Choose between Close (wait for bar close) or Break (intrabar touch) to arm your entries for faster or more conservative signals
• VWAP-Based Stops — Place stops relative to session VWAP with configurable buffer, using HLC3 or OHLC4 calculation
• Dual Calculation Modes — Set targets and stops as percentage of range OR fixed points from entry
• Per-Day Settings — Full control over direction filters, targets, stops, and range size limits for each day of the week
• Dual Targets (TP1/TP2) — Split your position across two profit targets for better trade management
• Session Cutoff Time — Define exactly when to stop taking new entries
• Backtest Accuracy Mode — Uses 1-second data series to correctly determine stop/target hit order on fast-moving bars
• ORBCompanion Ready — Seamlessly integrates with ORBCompanion for fully automated trade execution
• CSV Export — Log trade signals for external analysis
• Visual Display Options — Customisable range lines, entry zones, and alert markers

Latest Version : V2.10.4.00

Updated 21st January 2026

ORBSuite

Open Range Breakout Indicator

• Adjustable Opening Range — Set your own start and end times for the opening range calculation.
• Session Cutoff Time — Define exactly when to stop taking new entries (set by time of day)
• Target & Stop Settings — Configurable percentages for take profit and stop loss levels.
• Backtest Accuracy Mode — Significantly improves historical results by correctly determining stop/target hit order on fast-moving bars
• CSV Export — Log trade signals for external analysis
• Visual Display Options — Customisable range lines, entry zones, and alert markers

Latest Version : V2.10.3.00 : Updated 17th January 2026

ORBCompanion

ORBSuite Automation Strategy

• Automated Trade Execution — Places trades automatically when ORBSuite signals a valid breakout
• Single Configuration — Reads all settings directly from ORBSuite, no duplicate setup required
• Day-Specific Rules — Respects your per-day settings for direction, targets, stops, and range filters
• Dual Profit Targets — Supports single or split targets with automatic contract allocation
• Daily Loss Limit — Stops trading when your defined risk cap is reached
• Bidirectional Mode — Option to allow one long and one short trade per session
• Risk Capping — Automatically limits stop distance based on max risk per contract setting

Requires ORBSuite – V210300 or greater

Latest Version : V1.26.1.05 : Updated 17th January 2026