Skip to content
Trading Terminal · Intelligent Scanners

Narrow-Range Breakout Scanner

Detects volatility compression — narrow-range bars and tightening ranges — and monitors for the breakout.

In Development — Targeting December 2026

NRBONarrow-Range Breakout ScannerRELIANCE · NSE · DConcept render · illustrative data
MARKETNSE · US · MCX · forex · crypto · ASX
RELIANCE — compression boxrange 22 bars · BROKE ↑
RELIANCEO 2,891.69H 2,947.13L 2,868.93C 2,931.80+40.11
Box high
2,702.75
Box low
2,680.51
Width
0.83%
ATR ratio
0.51
Candidates
TickerMktTypeRangeATR rDaysStatus
RELIANCENSEInside ×20.68%0.517BROKE ↑
AAPLUSNR7 · Inside0.60%0.399WATCHING
CRUDEOILMCXNR7 · Inside0.59%0.529WATCHING
EUR/USDFOREXNR70.71%0.585BROKE ↓
BTC/USDTCRYPTONR40.48%0.449WATCHING
BHPASXNR40.45%0.618BROKE ↑
ICICIBANKNSENR4 · Inside0.67%0.375BROKE ↑
NVDAUSInside ×20.65%0.605WATCHING
Daily range · RELIANCE · last 30 bars
Rule
NR7 or inside bar ×2+
Break trigger
Close beyond box ± 0.2 ATR
Volume confirm
> 1.5× 20-day avg
NRBO · 8 shown · click a candidate to load its chart · alerts are planned, not yet availableSIMULATED DATA · NOT LIVE · IN DEVELOPMENT
Interactive concept render of an ORVINUS Trading Terminal screen using demo data and a simulated feed. Not a screenshot of a released product and not live market data.

Demo data · simulated feed. Illustrative only — not live market data and not investment advice. Try it: click rows, tabs and controls.

ConceptDesigned and specified, but engineering has not started. Scope may change or the feature may be dropped.

Overview

Periods of unusually narrow price range often precede larger moves. Narrow-range patterns such as NR4 and NR7, inside bars and contracting ranges are a long-standing way traders find instruments coiling before expansion.

This scanner is specified to detect volatility compression across a universe, rank instruments by how compressed they are, and then monitor those candidates for a range break in either direction.

Capabilities

What It Is Designed to Do

Intended capabilities. The released feature may differ.

Compression detection

Identifies narrow-range bars, inside bars and contracting multi-day ranges.

Narrow-range rules

Standard NR4/NR7-style definitions plus configurable custom lookbacks.

Breakout monitoring

Tracks compressed candidates for a close beyond the range high or low.

Customizable conditions

Combine compression with volume, trend or liquidity filters.

Alert workflow

Planned alerts on breakout. Alert delivery will only be described as available once it is implemented.

In practice

Workflow & Limits

Intended workflow

  1. Run the compression scan on a universe and timeframe.
  2. Review candidates ranked by degree of compression.
  3. Add candidates to breakout monitoring.
  4. Review breaks as they occur.

What to keep in mind

  • Concept stage. Live alert delivery is not available.
  • Compression does not predict breakout direction, and many breakouts fail.
  • This page describes a feature in development. It is not available to use yet.
Related

Works Well With

ConceptScanners

Multi-Condition Market Scanner

Stack technical, volume, price-action, trend and volatility conditions across multiple timeframes in one scan.

ConceptScanners

Smart Trade Finder

Rule-based opportunity discovery that explains each setup and visualizes its risk and reward before you act.

ConceptScanners

Image-Based Pattern Scanner

Show the scanner a chart pattern and it looks for visually similar setups across history and current markets.

Coming Soon — Targeting Late 2026

Interested in Narrow-Range Breakout Scanner?

Register your interest in the ORVINUS Trading Terminal and tell us that Narrow-Range Breakout Scanner is what caught your attention.

Registration records your interest. It does not guarantee access to testing or the product.