Edgeful Reports: Complete Guide to Every Report Type

If you’re evaluating Edgeful for your futures trading, the first thing you’ll encounter is the sheer number of statistical reports. With over 150 reports covering various market behaviors, it can be overwhelming to know which ones matter. This guide breaks down every major report type, what data it provides, and how to actually use it.

Gap Fill Reports

Gap fill reports track how often overnight gaps get filled during regular trading hours. Edgeful aggregates historical data to show fill rates by instrument, day of week, and gap size.

For example, a typical ES gap fill report might show that gaps under 10 points fill 73% of the time on Tuesdays. This is useful for traders who take gap fade trades, but the report only tells you what happened historically — it doesn’t tell you whether today’s gap is being actively bought or sold.

Key data points: Fill percentage, average time to fill, best/worst days, gap size categories.

Opening Range Breakout (ORB)

The ORB reports analyze price behavior after the first 5, 15, or 30 minutes of the regular session. They show how often price continues in the breakout direction versus reversing back into the range.

This is one of Edgeful’s strongest report categories. The data is granular — you can filter by instrument, time window, and day of week. Traders who use opening range strategies will find the statistical backing valuable for confidence in their setups.

Key data points: Breakout continuation rate, average extension from range, reversal frequency, time-of-day patterns.

Initial Balance (IB)

Initial balance reports focus on the first hour of trading and how price behaves relative to that range for the rest of the session. They track IB extensions (breakouts beyond the initial range), IB width correlations, and end-of-day positioning.

Market profile traders will recognize this as a core concept. Edgeful’s contribution is the statistical overlay — knowing that a narrow IB on ES leads to an extension 68% of the time gives you a probabilistic framework for the day.

Key data points: IB width distribution, extension probability, directional bias after IB break, correlation with overnight range.

Previous Day High/Low (PDH/PDL)

These reports track how price interacts with the previous day’s high and low levels. They cover touch rates, break-and-hold rates, and mean reversion from these levels.

PDH/PDL is one of the simplest and most widely used reference points in day trading. The statistical edge comes from knowing which instruments and conditions favor fading versus breaking these levels.

Key data points: Touch probability, break-and-hold rate, average rejection distance, best time for PDH/PDL interaction.

VWAP Reports

Volume-Weighted Average Price reports analyze how price interacts with VWAP throughout the session. They cover deviation bands, touch rates, and mean reversion tendencies.

VWAP is arguably the most important intraday reference level. Edgeful’s reports quantify what most traders already intuit — that price tends to revert to VWAP, especially during range-bound days.

Key data points: Deviation band touch rates, reversion probability by time of day, trend day vs. range day distinctions.

Weekly and Monthly Reports

Beyond daily patterns, Edgeful offers weekly and monthly reports that track seasonal tendencies, options expiration effects, and end-of-month flows. These are useful for swing traders and for setting weekly bias.

Key data points: Day-of-week performance, OPEX week patterns, month-end positioning, seasonal tendencies by instrument.

Limitations of Historical-Only Analysis

While Edgeful’s report library is genuinely comprehensive, there are important limitations to understand:

No real-time confirmation. Reports tell you what happened historically but can’t confirm whether today’s market is behaving consistently with historical patterns. A gap fill report says 70% of gaps fill, but you need real-time orderflow to assess whether this specific gap is likely to fill.

Static probabilities. Markets are dynamic. A report calculated from 5 years of data may not reflect the current volatility regime, interest rate environment, or options positioning. The statistical edge is real but needs to be filtered through current market context.

No execution layer. Knowing that an ORB setup has a 65% win rate is step one. Actually executing the trade — managing entries, stops, and targets — requires live market data that Edgeful doesn’t provide.

Complementing Reports with Live Data

The most effective use of statistical reports is as a pre-market preparation tool: check the reports, identify the highest-probability setups for today’s conditions, then use live data to confirm and execute.

This is where a platform like Profitabul comes in. Profitabul provides real-time orderflow visualization — you can see the actual buying and selling pressure as it happens. Combined with GEX heatmaps that show where options dealers are likely hedging, you get both the statistical edge (what should happen) and the confirmation (what is happening).

For traders who want the complete workflow — preparation with statistical reports, live execution with orderflow, and post-trade journaling — combining these tools creates a more complete trading process than either one alone.

Which Reports Should You Start With?

If you’re new to Edgeful, focus on these three report types first:

Gap Fill — Simple, actionable, and relevant every single day
Opening Range Breakout — High frequency of setups, strong statistical backing
Previous Day High/Low — Universal reference levels that every day trader watches

Master these three before diving into the full 150+ report library. The goal isn’t to use every report — it’s to find the 3-5 that align with your trading style and use them consistently.