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COMMODITIES & INDICES

Oil and the indices, through the wrapper.

ORIN cannot price a futures contract or a broker index CFD. It prices the ETF that tracks them — and names the multiplier, so you can carry the read back to the contract instead of assuming it transferred.

What you trade → what ORIN prices
NQ · Nasdaq futureQQQ
ES · S&P futureSPY
CL · Crude futureUSO
YM · Dow futureDIA

Type the contract and ORIN refuses, then names the wrapper. The read is the ETF's; the multiplier back to your contract is stated on every plan rather than assumed.

THE DESK

The windows that decide what a level is worth

The ETFs keep the cash session. The contracts they track do not — which is why a level marked overnight has not been tested by the instrument ORIN can actually price.

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Windows that move these instruments Static

Recurring times, not dates. ORIN has no economic calendar feed, so it will not tell you a print is coming and will not stand a countdown up as though it knew — the calendar check is yours, and no rule pack makes it either.

US data releases08:30 ET

CPI, PPI, payrolls. Monthly — check the date yourself.

FOMC statement14:00 ET

Eight scheduled meetings a year, plus the press conference after.

EIA crude inventories10:30 ET Wed

The weekly print WTI reprices on.

QQQ5m
Invesco QQQ — tracks the Nasdaq 100
74
LONG

Held the opening range low on declining sell volume.

killzone New York opencontract NQ is $20 per point
SPY15m
SPDR S&P 500 — tracks the S&P 500
58
SHORT

Structure unresolved; the read is genuinely mixed.

killzone New York opencontract ES is $50 per point
USO1H
United States Oil Fund — tracks WTI futures
66
SHORT

Lower highs into the inventory print.

killzone New York opencontract CL is $1,000 per 1.00
DIA15m
SPDR Dow — tracks the Dow 30
62
LONG

Reclaimed the prior day high and held the retest.

killzone New York opencontract YM is $5 per point

Sample A worked example, not a live read. The format is what is on offer here; the numbers belong to a chart from another day.

The contract each one tracks is named because the ETF read does not size the contract for you. Every plan on these instruments carries the point value it was sized against.

Read an index ETF

Sample reads. The session windows are real; the scores beside them are a worked example.

A session with ORIN

A day on the index and oil ETFs

One cash session, and the overnight hours the wrapper cannot see.

  1. 07:00 UTC

    The contract is trading. The ETF is not.

    NQ and CL run overnight; QQQ and USO do not open until New York. Structure forming now will be visible to ORIN only as a gap when the cash session starts, so a level marked here is a level the wrapper has not tested.
  2. 12:00 UTC

    Thirty minutes to CPI — your call, not the tool's

    ORIN cannot see the calendar and will keep grading the chart in front of it. Knowing the print is coming is the part you bring; a structural read taken into it is a read of a market that is about to stop caring about structure.
  3. 12:35 UTC

    The print clears and structure is re-read from scratch

    Levels that held all morning may no longer exist. The read after a release is a new read, not the old one adjusted — pretending otherwise is how traders defend a thesis the market already killed.
    How structure is re-read
  4. 13:30 UTC

    The cash session opens and the wrapper starts printing

    QQQ, SPY and DIA begin trading and the overnight move arrives as an opening gap. Highest slippage of the session, and the first bars ORIN has actually measured all day.
    Size against the multiplier

The contract trades around the clock and the ETF does not. A read on the wrapper is a read of the hours the wrapper was open — which is most of what matters, and never all of it.

Proof, for this context

Instrument-level calibration

Blending an oil ETF with an index ETF would hide exactly the differences a trader on these instruments needs to see.

QQQ
Resolution rate on graded setups. Needs sample.
SPY
Published separately — different volatility regime.
USO
Inventory-driven; expect it to read worse.
Suspension policy
None
No economic calendar feed — the engine cannot see a release coming.

A tool that grades into CPI produces more analyses and more usage, so refusing to would cost engagement — which is the argument for building the suspension. It is not built. ORIN has no economic calendar, does not know a print is coming, and grades a chart thirty minutes before CPI exactly as it would on a quiet Tuesday. Knowing that is on you until it is not.

How the calibration works
The honest part

What this cannot see

These instruments are where confident-sounding analysis does the most damage, so this is the list of moments when the answer is no answer.

It does not know a print is coming

There is no economic calendar wired into ORIN. Thirty minutes before CPI, NFP or a rate decision it will grade the chart exactly as it would on a quiet Tuesday, because the chart is all it can measure. Watching the calendar is still your job, and a tool that claimed otherwise would be selling you a feed it does not have.

Leverage turns a small error into a large one

A 20-point move on NQ is $400 a contract. The same percentage error that costs a stock trader lunch money costs an index trader a day's budget, which is why sizing here is not a secondary concern.

The wrapper is not the contract

USO holds futures and drifts against spot crude over time; the index ETFs gap over every close their contracts trade through. The structure usually rhymes and the arithmetic never does, so a plan carried across without re-sizing is a different trade than the one that was graded.

Contract specs are your responsibility

Broker CFD point values vary, futures multipliers differ by contract, and neither is visible on the chart. Plans state the multiplier assumed; confirming it against your terminal is on you.

Spot gold is the one instrument in this family ORIN prices directly rather than through a wrapper, so it gets its own page — XAU/USD chart analysis. And these are the prop-firm instruments, which means most people reading this are inside an evaluation — the drawdown maths is here.

FAQ

Questions traders actually ask

USO, QQQ, SPY, DIA and IWM — the ETFs. Broker aliases like NAS100, US30 and SPX500 match nothing, and futures tickers refuse with the ETF proxy named: NQ suggests QQQ, ES suggests SPY, CL suggests USO. A symbol that does not resolve says so rather than grading something adjacent.

No. ORIN has no economic calendar feed, so it does not know a print is coming and will not pretend to. The rule packs cannot check it either, so a release you know about is a reason to stand aside that only you can confirm — the window is yours to know, and the grade beside it is a read of the chart, not of the calendar.

The cash session, because that is what the ETF trades. QQQ prints 09:30 to 16:00 New York while the contract it tracks runs almost around the clock, so the overnight move reaches ORIN as an opening gap rather than as structure. Levels from a 23-hour chart do not transfer cleanly onto a 6.5-hour one.

By multiplier, and it is your step rather than ORIN's. A plan is sized in ETF shares against your stop distance; carrying it to the contract means re-deriving the risk from that contract's point value. Every plan states what it was sized against, so the conversion is arithmetic you can check rather than an assumption nobody wrote down.

No, and that is this page in one line. USO is not crude, QQQ is not the Nasdaq future. The structure usually rhymes; the session, the gaps and the multiplier do not. ORIN grades the wrapper it can price and names it, so you can carry the read across to the contract yourself rather than assuming it transferred.

For structure, rarely. For sizing, entirely: contract specifications differ and CFD point values vary by broker. The read is the same; the risk maths needs the right multiplier and will not guess it for you.

Oil and the indices, priced as they trade.

Cash-session clock, contract multiplier on every plan. Free first read on USO, QQQ or SPY.

ORIN is analysis software, not investment advice. Markets carry risk of loss. Read the risk disclosure.