The Orby Multi-Market strategy monitors several Volatility Indices at the same time instead of being tied to a single market chosen by hand.
In practice, it works as a scanner: it calculates technical indicators on every monitored market, compares signal strength, and trades the market showing the strongest reading at that moment — one trade at a time.
The key concept is that watching more markets does not remove risk. It gives the strategy more places where a condition can appear, within a defined set of rules.
What does Multi-Market mean?
It means the strategy considers more than one market within the same execution framework.
Instead of depending entirely on one index, the strategy watches multiple compatible assets and decides, according to its rules, where an entry makes the most sense.
That is different from switching markets manually from time to time.
It is also different from “splitting your money” across several indices: on Multi-Market, each trade’s exposure is still the stake you configured, applied to the market selected by the scanner.
Which markets does Orby use?
By default, the strategy monitors the 10 Volatility Indices available on Orby:
- Volatility 10, 25, 50, 75, and 100;
- Volatility 10 (1s), 25 (1s), 50 (1s), 75 (1s), and 100 (1s).
You can also select only some of these markets. If none is selected, all of them are used.
This list reflects the product as of September 2026. Deriv may change its Synthetic Indices, and Orby may adjust supported markets over time.
Why use more than one market?
A strategy tied to one index can only act when that index shows the condition it is looking for.
By watching several markets, the strategy no longer depends on one asset to find signals.
It does not guarantee safety.
A strong signal on one market is still just an indicator reading, and losses remain possible on any of them.
How does the strategy choose a market?
On each monitored market, the strategy calculates indicators on candles and assigns a strength to the signal it finds.
Among the markets with a valid signal, it picks the strongest one and opens the trade there.
A few details help explain its behaviour:
- entries trigger from closed candles only — live cards can move while the current candle is still forming;
- there is a minimum strength: weaker signals are ignored;
- the strategy opens one trade at a time.
It does not mean the system knows which market will perform best.
It means the strategy has an objective rule for deciding where to act.
Which settings can you control?
Besides stake, stop loss, stop gain, trade limit, and management mode, Multi-Market has its own options:
- monitored markets — all of them or a selection;
- scanner reading — Conservative (RSI + Bollinger + confirmation), Reversal (Bollinger + RSI), Trend (MACD + moving averages), or Balanced (all indicators);
- minimum strength required for an entry;
- cooldown after a loss — blocks the market where a loss happened for a few candles;
- active indicators, candle timeframe, and contract duration.
Before changing any of them, ask what you expect that change to do.
Does watching several markets reduce risk?
It can reduce dependence on one asset, but it cannot remove trading risk.
Consider two scenarios:
One market
The strategy only trades when that index shows the condition it is looking for.
Several markets
The strategy can find conditions on any of the monitored indices.
In the second case you do not depend on one asset, but you are still exposed on every open trade — and signals on different markets can fail one after another.
Does Multi-Market mean more trades?
It can, because there are more places where a signal may appear.
But frequency depends on the rules: minimum strength, scanner reading, closed candles, and cooldown after a loss.
Trade count should not be treated as a quality metric.
Why understand Volatility Indices?
If the strategy operates several Volatility Indices, learn what the levels represent.
Read our Deriv Volatility Indices guide.
Is Multi-Market better than one market?
There is no universal answer.
Single-market strategies may be simpler to follow. Multi-Market reduces dependence on one asset but adds complexity: you need to track which market each trade happened on and why.
Read how to choose an Orby strategy.
Can total risk increase?
Yes.
If you raise your stake simply because more markets are available, you may take on more risk without noticing.
More available signals can also mean more trades in the same session.
Review stake per trade, trade limit, session limits, stop loss, and management mode.
See Orby risk settings.
What should I observe in Demo?
Look at:
- which markets generate trades;
- how often each asset is selected;
- how minimum strength changes the number of entries;
- how each scanner reading behaves;
- the effect of the cooldown after a loss;
- aggregate session risk.
Demo is for learning, not proof of future profitability.
For a fuller review checklist, read what to analyse before you start using a strategy.
Does Multi-Market remove the need to choose markets?
It automates the choice of where to enter, but you should still understand which markets are included and why.
Automation should not turn market selection into a black box.
What is correlation?
Correlation measures statistical relationships between sets of movements.
Do not assume that two Synthetic Indices are perfectly independent simply because their names differ.
Multi-Market vs Mean Multi-Market
Orby also offers Mean Multi-Market, which applies the Mean Reversion Pro mean-reversion reading to the same markets.
They are not interchangeable:
- Multi-Market uses technical indicators and opens one trade at a time;
- Mean Multi-Market uses mean-reversion logic and can keep more than one contract open on different markets, up to the simultaneous-contract limit you set.
There is also Higher/Lower Multi-Market, which runs the Higher/Lower logic across every market, one position at a time.
Frequently asked questions
What is Multi-Market on Orby?
A strategy that monitors several Volatility Indices at once, calculates indicators on each, and trades the market with the strongest signal.
Which indices does it use?
By default, Orby’s 10 Volatility Indices (10, 25, 50, 75, and 100, in standard and 1s versions). You can limit it to a selection.
Does it open trades on several markets at the same time?
No. Multi-Market opens one trade at a time. Mean Multi-Market is the variant that can hold simultaneous contracts.
Does watching several markets remove risk?
No. It reduces dependence on one asset, but losses remain possible.
Does a stronger signal guarantee a better result?
No. Strength measures the indicator reading; it cannot predict future results.
Diversify what you watch, not what you understand
Monitoring several markets may reduce dependence on one instrument, but it makes session exposure more important to understand.
The strategy automates where to enter. You still need to understand the markets, settings, and limits.