▲ 23 r/algotrading
Feedback on my NQ strategy.
Backtested with commissions and slippage included; sample size is small(2020 - Today). want honest feedback. (new to algo trading).
Title: ORB NQ
The basic idea:
- Mark the opening range (first 15 min of the session)
- Trade breakouts of that range, but only with confirmation- (Ema)
- A higher-timeframe trend filter
Risk rules:
- Fixed % risk per trade, sized off the stop
- Daily trade limit and daily loss limit
- Certain days get skipped entirely based on overnight action
- Flat by early afternoon, nothing held overnight
u/OutsideCap6700 — 3 days ago