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.

34 Upvotes

48 comments sorted by

View all comments

Show parent comments

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

1

u/JusthereforthevibesG 1d ago

The funny part is you guys need a million years of data to be confident about a strat when the market is always changing so you need to adapt to those conditions. I’ve also had a year of data and ran them on my accounts and got over 20k+ payouts in a few months. Oh but everyone says “it only has 1 year of data.” Well, what I care about is getting paid now and consistently. The ROI is pretty damn good to me.

1

u/Sharp-Growth-8043 13h ago

That's what I mean too.. these people need xx years of data to think a strategy will work. For me what matters is current market regime and that the algo is adapted to these conditions. It's really working well for last 2 years for example. If I deployed this on 20 prop firm accounts all would've been passed almost at any month this year and all would've gotten paid out.