summary: ORB breakout and breakdown levels in edgeful are measured in percentages relative to the opening range size — here's how it works and how to use the data.

in the ORB strategy, breakout and breakdown levels are measured as percentages of the opening range size — not points.

so when you see extensions like 0.5x, 1x, or 1.5x — those represent how far price moved as a percentage of the ORB. a 1x extension means price moved 100% of the opening range beyond the breakout level.

why percentages instead of points? because it keeps things comparable across different days. a 10-point ORB on a low-volatility day and a 40-point ORB on a high-volatility day will both show the same extension percentages — so you can actually compare the data.

this is where it gets useful. the "ORB by size" report breaks down the data by the percentage size of the opening range — so you can see how different-sized ORBs tend to play out.

do smaller ORBs lead to bigger extensions? do larger ORBs tend to fail more often? the by-size report answers those questions with actual data.

→ breakout and breakdown levels are measured in percentages of the opening range, not points
→ extensions (0.5x, 1x, 1.5x) represent percentage-based increments of the ORB size
→ the "ORB by size" report shows how different-sized ORBs have historically played out

→ which ORB report should I use?
→ using and troubleshooting the ORB strategy
→ subreports