u/allcompanymobiles ·
Reddit — r/algotrading
· May 14, 2026 at 09:40
· ⬆ 15 pts
· 💬 12 comments
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AI Summary
Summary
Post describes a beginner's first backtest of a classic Opening Range Breakout (ORB) strategy on TSLA 5-min candles over 3 months.
Author reports modest returns (+2.12%), low drawdown, 48% win rate, and a Sharpe of 0.76, and asks whether these results are typical for a basic ORB.
Quality assessment: This is a low‑depth, anecdotal backtest report from a novice; it is more noise than well‑researched DD. No rigorous validation or forward testing is presented.
Score15
Comments12
Upvote %82%
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Pretty new to quant trading. Been messing around with api and claude to help write strategies, started with the classic ORB on TSLA 5-min candles.
The whole setup was honestly way more accessible than I expected.
I always assumed quant was one of those things you needed a serious CS background for. Now I'm genuinely starting to think I can actually dig into this stuff.
3-month backtest came back with +2.12% return, max drawdown -2.44%, win rate 48%, Sharpe 0.76. Margins are thin.
Curious what others think: is this kind of result normal for a basic ORB? And for anyone who's gone deeper into quant, what's the biggest trap you fell into early on?