Artemis ORB Breakout Indicator
- Indicators
- Version: 1.4
- Updated: 18 May 2026
- Activations: 20
Artemis ORB Breakout
Artemis ORB Breakout is a MetaTrader 4 indicator built for traders who use Opening Range Breakout analysis around key market sessions.
The indicator automatically marks the opening range high, low, midpoint, and range box. After the range is complete, it monitors price action and displays the current ORB state, range quality, session status, and trading conditions in a clean Artemis-style dashboard.
The indicator supports Custom, London, New York, Asia, and London + New York profiles. The combined London + New York profile is useful for traders who want to follow both major sessions during the trading day without changing settings manually.
Artemis ORB Breakout can identify bullish and bearish breakouts, failed breakout behaviour, trap or reversal conditions, late breakout warnings, and no-trade zone conditions. It also classifies the opening range as Too Narrow, Tight, Normal, Wide, or Too Wide, helping traders understand whether the current range is suitable for breakout analysis.
The dashboard includes the active session, ORB state, quality score, market insight, buy setup status, sell setup status, and spread or filter warnings. A compact dashboard mode is also available for traders who prefer a smaller chart display.
The indicator includes an optional recommended stop loss reference level. For bullish breakouts, the reference level is placed below the ORB low. For bearish breakouts, it is placed above the ORB high. This is a visual planning guide only and does not place, manage, or close trades.
Artemis ORB Breakout is designed mainly for intraday charts. The most practical timeframes are usually M5 and M15, as they provide a good balance between detail and readability. M1 can be used for very active traders, but it may produce more noise. M30 can be useful for a slower and cleaner view. H1 and higher timeframes are generally less suitable for classic ORB analysis because the method is based on session openings and intraday price behaviour.
A good starting setup is M5 or M15, a 30-minute opening range, a 240-minute active session window, and breakout confirmation by candle close outside the range.
Artemis ORB Breakout includes popup, push, and email alerts for selected breakout and failed breakout events. The indicator is fully visual and does not execute trades.
Main Functions
Opening range high, low, midpoint, and range box calculation.
Session profiles for Custom, London, New York, Asia, and London + New York.
Breakout, failed breakout, trap or reversal, and late breakout detection.
ORB range classification and quality scoring.
No-trade zone warnings for poor range conditions, high spread, wick-heavy ranges, or late breakouts.
Optional recommended stop loss reference line.
Full and compact Artemis dashboard modes.
Popup, push, and email alerts.
Important Notes
Artemis ORB Breakout is an indicator, not an Expert Advisor. It does not open, manage, or close trades.
The quality score, no-trade warnings, and recommended stop loss reference are analytical tools only. They are designed to help traders read ORB conditions more clearly, but they do not guarantee trading results.
Breakout trading can produce false signals, especially during low liquidity, high spread, or choppy market conditions. Always test settings carefully and use appropriate risk management before live trading.
