15-Min ORB Strategy for NQ by Dryeye2006
By Dryeye2006
Performance Metrics
- Author: Dryeye2006
- Symbol: CME_MINI:MNQ1!
- Timeframe: 5 minutes
- Net P&L: +10,374.00 USD (+1.04%)
- Win Rate: 52.1%
- Profit Factor: 1.498
- Max Drawdown: 6,062.00 USD (0.60%)
- Total Trades: 190
Description
Here I created a very simple 15M ORB strategy for NQ / MNQ. This strategy marks the high and low of the 15-Min opening candle for the New York session ( 0930 - 0945 ) and enters Long / Short based on where the 5 Minute candle closes if it closes above / below the 15 Minute range. It has a customisable RR for TP1 and TP2 and the amount of contracts you can use. Please bear in mind that this is a very basic strategy as it is my first time making a script for TradingView. I an open to any constructive criticism to help me improve my script. Thank you for taking the time to read this and I hope you guys enjoy my script!Release NotesNew features added : TP3 - Allow runners to run.Trailing stop loss added.Visual line for the Trailing Stop.