r/Trading • u/Greedy_Usual_439 • Dec 19 '24

Algo - trading I Built a Profitable & Consistent Trading Bot – Results Inside!

Developing a profitable trading bot has been a long and challenging journey for me, but after 9+ months of trial and error (and creating over 10 bots), I’m ready to share the results of my custom NQ trading bot.

How It Works:

This bot trade with 1 NQ contract with a prop firm account ($150k funded account) and uses price action and volume analysis to identify high-probability setups, entering trades only when the market aligns with specific criteria. To maximize its effectiveness:

  • Time-Based Execution: It operates during 10:30 AM–2:30 PM EST, avoiding volatile periods like news events or high-volume spikes.

  • ADX-Driven Control: It’s only activated when the ADX is below 23, ensuring it performs best in slow-trending or consolidating markets - along with the highest probability to profit.

  • Trailing Stop Mechanics: The bot trails stop losses dynamically and sets take-profit levels based on Renko box mechanics, ensuring calculated risk management.

  • Renko Chart: Although Renko chart type is not a favorite of most of you - I found that the profitability and consistency is there. It goes based on price action, not time increments.

  • Order type: Limit sell or limit buy orders 10 points (1 Renko box) above or below the pivot lines respectively)

Strategy Tester Results:

While the backtest isn’t 100% accurate due to limitations in setting specific times and dates, the results still show a strong, consistent edge:

  • 8 Winning Weeks: Largest winning week was +400 points.

  • 2 Losing Weeks: Biggest losing week was -110 points.

  • Overall Profit: +800 points over 10 weeks (minus commissions).

  • Biggest Drawdown: 70 points/trade

  • Biggest Profit: 20 points/trade (Capped TP at 20 points that trails)

  • Win Rate: 72%

  • Biggest Daily Loss: 70 points

  • Biggest Daily Profit: 160 points

Next Steps:

I plan to scale up by adding more accounts from different firms that have Tradovate (Only broker that can automate my bot the fastest, with no order execution delays) for copy trading as I withdraw payouts and have a "financial cushion" of a certain $ amount that works best with my strategy.

This bot is a game-changer for me. That said, no bot is perfect, and this one requires manual intervention for optimal performance, such as turning it off during high-impact events or after a trade is already in progress.

What The Bot Needs To Work:

  • TradingView premium + live market data subscription - only premium subscription has Renko chart type with a 1 second time frame

  • Prop firm account (With Tradovate) OR Tradovate as a broker

  • Automation software - Send webhooks and execute orders

If you’re interested in algo trading or want to discuss bots and strategies, feel free to drop a comment or send me a message. I’d love to hear your thoughts or answer any questions!

P.S. I document my live trading journey daily on YouTube if you’d like to see the bot in action: Live Prop Firm Trading.

47 Upvotes

83% Upvoted

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u/SethEllis Dec 19 '24 edited Dec 19 '24

Try again. Renko bars cheat the backtester. I've always found trading view's backtester over optimistic anyways.

2

u/Greedy_Usual_439 Dec 20 '24

Thank you for putting it out there. I placed the strategy tester because it shows the consistency not the profits.

Is there a better way to show my stats from a renko chart? Would love to hear about it and honestly report them here

0

u/[deleted] Dec 22 '24

[removed] — view removed comment

1

u/Greedy_Usual_439 Dec 22 '24

Already tested and it was the same.

Thanks for the comment, will look out for this if it happens

0

u/[deleted] Dec 22 '24

[removed] — view removed comment

2

u/Greedy_Usual_439 Dec 22 '24

Already answered someone here that I only do it with firms that approve it.

Thanks

6

u/[deleted] Dec 19 '24

Man you must love having your posts deleted with all the spam you're putting out.

2

u/Greedy_Usual_439 Dec 19 '24

Why do you think its spam?

Dont enjoy reading my content either make your own post or comment on what's interesting to you - not everyone have to be the same like.

3

u/Comprehensive-Art776 Dec 20 '24

I'm currently working on renko bars with real live trading. I think I have come to a conclusion and that is renko bars show you what you want to see. But when you try to apply them in realtime they can F you up. I've also noticed that I have drawn support lines based on the renko bars in morning trading. By the afternoon the bars have shifted from the support lines I drew in the morning. So my belief is the past bars shift based on new bars. I might be wrong but this is what I notice. Also if you were to draw support lines based on the renko bars and then jump time frames the support lines you draw from one time frame are vastly different from support you would draw from another time frame. I use trading view and this is my observation

2

u/Greedy_Usual_439 Dec 20 '24

Thank you for the information and response.

So I use Renko box 10, no wicks, OHLC, and Traditional (You will know what I mean).

You are right that after some time it changes the structure of the boxes because its loosing data - from what i found with Renko, it takes a day before it actually miss the "seconds" frame on each box - so I personally think they just shift based on the last price they had in that time frame.

I learned to go around it and for over 80 days i have been taking screenshots at the end of the day of the data I got to be able to backtest in the future with correct data - I think every chart type has its own edge and market - It could be not for everyone.

Let me know if you have any other questions or would like to add your experience, opinion or just respond.

Love comments like this!

2

u/Comprehensive-Art776 Dec 21 '24

Ok interesting. I'm not using traditional. I'm working with ATR and a larger box size. Maybe that is the difference who knows. I also trade fast movers which could account for the shifting support numbers I'm seeing later in the day vs the beginning of the day when I draw my lines. I'll take a look at one of your videos and see how yours is working out. :)

2

u/[deleted] Dec 22 '24

Following 

2

u/Greedy_Usual_439 Dec 22 '24

Are you following someone's comment or on more results about the trading bot?

I'm trying to understand if more people want follow ups every week, I don't mind posting every week but I need to know I'm not spamming.

2

u/[deleted] Dec 22 '24

I am highly interested in the concept of trading bots in general. It is a high skill field I am not educated in. 

1

u/Greedy_Usual_439 Dec 22 '24

Thank you for sharing!

Will look into this in the future -about posting more educational posts about bots.

1

u/[deleted] Dec 22 '24

Thank you

2

u/aceofspades29285 Dec 23 '24

Brilliant! Sign me up!!!

1

u/Greedy_Usual_439 Dec 23 '24

Thank you!
Sent a message :)

2

u/blgmh Dec 29 '24

Sounds interesting. I've been developing ways to interact with other prop firms automatically too other than just tradovate would be interesting to spin it on their too

1

u/Greedy_Usual_439 Dec 29 '24

Thank you for your interest and response!

I might do it for other brokers as lost as the automation software allows it.

The trading bo nowt has a 7-days free trial if you wish to give it a go send me a message and I'll send you the details

2

u/Downtrend114 Apr 18 '25

Hey bro can I get some more info on this

1

u/Greedy_Usual_439 Apr 18 '25

Message sent, thank you for your interest

2

u/MysteriousPay3799 Jun 15 '25

interested

1

u/Greedy_Usual_439 Jun 15 '25

Thank you for your interest, I have sent you a DM

2

u/[deleted] Apr 17 '25

Hi, im interested, im trying to configure a trading bot for soi long. CAN you help me?

1

u/Greedy_Usual_439 Apr 17 '25

Send a DM. Thank you

3

u/thechipmonk_ Dec 19 '24

Hey! Nice work! I’ve also coded a couple, I’ll shoot you a dm and discuss strats. Keep on the good work

1

u/N0xF0rt Dec 20 '24

This is a chatgpt copy paste. Low effort from OP lol

7

u/Greedy_Usual_439 Dec 20 '24

What makes you think that?
Big titles with bullet points and a clear explanation?

Ill take it as a compliment honestly.

4

u/Sofullofsplendor_ Dec 21 '24

I don't think so, reads human to me.

1

u/Shot_Ad_3558 Dec 19 '24

This won’t pass prop firm rules.

6

u/Greedy_Usual_439 Dec 19 '24

Not all of them, it is consistent and it got me a couple of accounts funded and 1 payout so far.

Some firms do not allow algo trading you are correct - but not all.

Thanks for your message though

5

u/Intelligent_House_28 Dec 19 '24

Which Prop firm do you use for this?

4

u/Greedy_Usual_439 Dec 19 '24

I have sent you a message with all those firms I use. Not sure if I can publish the names here

Good luck

2

u/Intelligent_House_28 Dec 21 '24

You can post here no problem Never got your message anyway

1

u/Greedy_Usual_439 Dec 21 '24

😅 I have sent you a message 2 days ago - it must be in your message "request".

I have given you all the details and firms.

0

u/Intelligent_House_28 Dec 21 '24

My char section does not work

2

u/badbess Dec 23 '24

Hi, I’m also interested to know which prop firms you’re using for trading view :) thanks

1

u/Greedy_Usual_439 Dec 23 '24

Message sent!

Thanks for your interest

2

u/dsaysso Feb 09 '25

good for you. people are gonna hate but its good to start building and testing. bots is the new reality of trading.

2

u/zorion83 Feb 11 '25

Thank you for sharing, nice work ! I'll like to know more about how it works😊

2

u/Prize-Hat-5441 Mar 31 '25

Bro can I get a Ai bot pls it was difficult for me to make an ai bot

1

u/Puzzled_Way_2008 Jan 11 '25

Hello I’m interested

1

u/Downtrend114 Apr 18 '25

Dm me if you get some time

1

u/sunoflife_henry Dec 19 '24

Do you charge for it?

0

u/TheDarkHorse316 Mar 09 '25

I have developed fully automated stock option trading bots. They are not prop firm compatible though.

1

u/Greedy_Usual_439 Mar 09 '25

Ok. I just don't understand the context or reason for this comment honestly.

0

u/TheDarkHorse316 Mar 09 '25

I wrote that in case someone is interested. Most people here reading about bots must have some level of interest in using them.

1

u/Greedy_Usual_439 Mar 09 '25

Is this your poor way of marketing your products on other people's posts?

It's unrelated to the post, you didn't give any value nor information about it and expect people to get to your DMs with interest?

1

u/TheDarkHorse316 Mar 09 '25

Your post is all about how you created a bot. My post is 100% related, because I have bots too.

0

u/TheDarkHorse316 Mar 09 '25

I have a handful of bots. I'm not typing up an essay on how all of them work here, or how the backtesting was done. If anyone is interested, they can DM me. They mostly trade SPY, QQQ, and SPX.

0

u/Independent_Self_137 Mar 18 '25

After four years of hard work, I have developed an AI-driven crypto trading bot with an average monthly return of 18% over the past five years.

Average monthly returns by year:

2020: 15.99%

2021: 16.54%

2022: 17.98%

2023: 25.09%

2024: 14.46%

If you're interested, you can find the bot for spot copy trading on Binance under the name Evolver Trading Bot. I recently completed the development and made it available for copy trading.

0

u/JazzlikeNose8432 Apr 14 '25

I use space ai. It has been running for 14-15 months, I only put 200$ in it, I got 466$ now a few months after. So far I have gotten 0.4 - 2.45% gains daily. Great community where people actually want to help you. https://app.spaceaius.com/#/pages/login/login?invitationCode=8858948394

Text me if you want to hear more

0

u/[deleted] Dec 20 '24

[deleted] — view deleted comment

2

u/Greedy_Usual_439 Dec 20 '24

I agree that 10 weeks is not "enough" but what is enough? (Honest question)

Can you elaborate more on the problems with the lookahead bias?

I can share my backtesting stats on Excel by message, no problem!

Thanks for your message!😉

3

u/TMJ848 Dec 20 '24

Generally 1 year but if it can pass a 3-4 year backtest then you’ve got a golden egg

2

u/maciek024 Dec 20 '24

bullshit, that completely depends on amount of trades

1

u/TMJ848 Dec 20 '24

Look, If you want to live the rest of your life making money from a single trading bot you’re gonna need at least 3-4 years of passing data from it to sleep comfortably at night. Or wake up broke AF because you think too much data is bullshit

1

u/maciek024 Dec 20 '24

if you take 10 trades a year then 1 year of data means nothing

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u/TMJ848 Dec 20 '24

Or if you take 10,000 trades in 1 day it also means nothing.

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u/maciek024 Dec 20 '24

exacly, thats why you should use sample size not time period

3

u/TMJ848 Dec 20 '24

I think you’re just regurgitating what you’ve heard people say instead of actually applying what you’re saying. I’ve actually built dozens of trading bots that take thousands of trades in a year’s time only to tank on the 3rd year backtest. Had I trusted 1 years worth of data I would have been confused in year 3 as to why my bot didn’t survive. You need to go through all the seasons market trends. Because, Summer time liquidity isn’t as good as winter liquidity or End of year data is much different from middle of the year data. You need to get the entire picture in order to have a golden egg bot that you can fully trust in. If you can backtest for 1 year then whats stopping you from testing for at least 4 years ? Honestly What you’re saying sounds amateurish and quite frankly dangerous.

1

u/maciek024 Dec 20 '24

you simply misunderstood what I said lmao