Short answer: Yes, people still do HDR for M42. If you only shorten exposures enough to save the Trapezium, you’ll starve the faint outer dust. Best results multi-exposure HDR.
Why
Orion’s dynamic range is brutal: the Trapezium core saturates fast, while the outer dust needs long subs. Your 533MM helps (big well at Gain 0, clean short subs), but you’ll still clip the core at 300 s unless you layer in shorter data.
Exposure plan (Bortle 7, f/6, 533MM)
If time is tight: shoot L at 10 s + 60 s + 300 s and RGB at 10 s + 120 s. That already covers the range well.
How to combine (PixInsight, but same idea elsewhere)
Calibrate & integrate each exposure length/channel separately (don’t mix lengths in one stack).
HDR on L: HDRComposition with your 1–2 s → 10 s → 60 s → 300 s L stacks (shortest first). Check Auto Exposures; leave Reject black pixels off unless you truly clipped blacks.
HDR on RGB: Two options:
Do HDRComposition per channel (R, G, B), then ChannelCombination.
Or build a normal RGB from the long subs, then run HDRComposition again feeding in the short-RGB masters.
Either way preserves color in the core.
Process L (DBE/ABE → mild decon if needed → noise reduction → gentle contrast).
LRGB combine (LRGBCombination), then finish color tweaks.
If you see halos/joins around the core, blend with a RangeMask to soften the HDR transition and keep stars natural.
If you skip HDR
You can choose a single exposure that barely avoids clipping the core (e.g., 30–60 s at Gain 0), shoot a ton of subs, and stretch carefully. You’ll keep the core but you won’t reach the faint outer dust like with 300 s. That’s the trade-off.
Practical checks
On a linear sub, the brightest pixels in the core should not hit the camera max. In PI, inspect Statistics: you want no white-point clipping on your longest subs; let them clip only the very inner Trapezium if you’re doing HDR.
The 533MM has no amp glow; short subs calibrate cleanly perfect for Orion HDR.
Bottom line: For Orion, multi-exposure HDR wins. Shoot short subs to save the Trapezium, long subs to dig out the dust, then merge. Your 533MM at Gain 0 is ideal for this approach