u/OutsideCap6700 ·
Reddit — r/algotrading
· July 02, 2026 at 22:35
· ⬆ 17 pts
· 💬 34 comments
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AI Summary
Summary
Post describes an Opening Range Breakout (ORB) strategy for NQ futures, using the first 15-minute range with EMA confirmation and a higher-timeframe trend filter.
The author seeks feedback on a backtest (2020–2026) that includes commissions and slippage, with strict risk rules (fixed % risk, daily limits, no overnight hold).
Quality assessment: This is a strategy description/backtest review request, not a specific trade thesis or market call. It is moderately well-structured but lacks forward-looking analysis or current market context.
Score17
Comments34
Upvote %79%
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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