Define the first N minutes of the session as the opening range, then trade a break above/below on confirmed close.
This strategy has not been validated against TradingView multi-year history yet — RM/day, trades/day, and monthly projection are only computed from authoritative TV stats. The 1-month sweep below is in-sample only and should not be used as a profit forecast.
“ORB is famous for a reason — on many US equity products it shines. On FCPO our default rules did NOT work. Needs a volatility and session filter before it becomes viable.”
The featured config below was not directly covered by the walk-forward grids (different dataset or timeframe, or the in-sample SQN was too low to promote to OOS evaluation). Treat the in-sample numbers with appropriate caution — no unseen-window validation yet.
This strategy: ORB variants had negative IS SQN on legacy_5m so never reached the Mode A top-10. Featured legacy_15m result is in-sample only; with negative SQN in-sample there is no edge to walk forward.
Did not show a stable edge in the sample — treat with caution.
{
"dataset": "legacy_15m",
"tf": "15m",
"params": {
"orMinutes": 30
},
"trades": 28,
"winRate": 21.43,
"netProfitMYR": -7290,
"profitFactor": 0.4,
"sqn": -2.42,
"maxDrawdownMYR": 7290
}