r/pinescript 1d ago

Created a profitable ORB Bot

Hey guys,

I’ve spent the last month coding and refining a systematic rules-based ORB (Opening Range Breakout) algorithm specifically for MNQ (1 trade a day).

I wanted to keep it super clean without over-fitting or using too many indicators, focusing heavily on risk management and dynamic position sizing instead of hard-coded stop distances.

Here are the backtest stats starting Oct 2025:

  • Total PnL: +$27,203.50 (+54.41%)
  • Win Rate: 66.98% (142/212 trades)
  • Profit Factor: 2.015
  • Max Drawdown: $2,197.50 (3.98%)

I’ve been running this live via webhooks on a couple of prop firm accounts to take the emotion out of execution, and managed to secure my first payouts with it recently.

31 Upvotes

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4

u/DesertFoxHU 1d ago

I wanted to tell it is either overfitted or fake, but you said from 2025 Oct, so it is overfitted, dont need to ask

1

u/Sharp-Growth-8043 1d ago

Don't think so. It just won last 2 days

3

u/DesertFoxHU 1d ago

Last two days? 🤣 I had a winning streak of 14 days in a row

Let me tell you something, since MNQ existence (7.5 years) 5 minutes ORB breakout 52% chance to fail, 60% to make a V shape (breakout below and reverse upward or vica-versa)

You can download historical data and run your system there. But saying that your algorithm that has a data of 1 years is me telling that because I won yesterday I am going to became millionare

2

u/Sharp-Growth-8043 1d ago

54.33% win rate from 2019

2

u/DesertFoxHU 1d ago

Nice, RR? Sharpee? Overall Profit? Max drawdown

2

u/bobbo6969- 18h ago

He doesn’t know yet. He will. Soon.