Your idea: orb strategy 15 range NYSE open waith for a 5min to close above or bel… — backtested on Indian market data | FakeTrades
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Your idea: orb strategy 15 range NYSE open waith for a 5min to close above or bel…

💡 Described strategy
Analysed 01 Aug 2026, 02:48 PM IST
★★★★☆ 4.0 / 5
🌐
Heads up: this strategy was originally created for the US stock market. We applied the exact same logic to Indian stocks & indices and the backtest completed successfully — every result below is on Indian market data.

Why 4.0/5? (stars grade the EDGE — per-trade expectancy, consistency, drawdown — not the headline return)

  • Strong per-trade edge: +0.31R expectancy across 15,263 trades
  • Convex payoff 3.0 — winners far bigger than losers
  • Only 33% of trades win — the rare big winners must keep showing up
  • 5 of 9 tested years were negative (2018, 2019, 2022, 2025) — the edge is regime-dependent
  • Max drawdown -26% on the ₹2L portfolio — the compounded return came with deep pain along the way

Detected components (auto-read from transcript)

Intraday Opening range

Verdict

Auto-backtested. AI-decoded: Opening-range breakout on NYSE: wait 15 min, enter long above or short below the range, SL at opposite extreme, 1:2 risk-reward. Ran on 159 large/mid-caps, real costs. 15,263 trades, win 33%, payoff 3.03, expectancy +0.31R/trade (avg +1.59%/trade).

This is a real edge. The payoff is convex (winners run well past the average loser). Regime-dependent — positive in only 44% of years.

Mechanically decoded from the transcript and scored from the metrics. Flagged for human review; a hand-vetted verdict can override it.

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🔴 Live forward test (no hindsight — only trades the rules fired AFTER we published this verdict)

Tracking since 2026-07-17 — no qualifying signals have fired yet. The engine re-checks every night on fresh data; results appear here the day the rules trigger.

Is it profitable? (green above the line = made money, red below = lost it)

₹2,00,000 portfolio (max 5 positions, across the stock universe — real delivery costs)

Return+115.5%
CAGR+10.2%
Max drawdown-26.1%
Trades383 · 120 won
₹200,000 → ₹430,947  ·  2018-07-09 → 2026-06-08
201820192020202120222023202420252026
-6%+14%+57%+14%+5%+18%+2%-1%-9%

Simulated on the 159 large/mid-cap universe. Capital-constrained, daily mark-to-market.

Year by year (every trade the rules fired, across the tested stocks)

YearTradesWin %ExpectancyAvg return / trade
201876120% -0.50R -3.34%
2019154529% -0.04R -0.13%
2020202144% +0.85R +6.47%
2021199137% +0.46R +2.57%
2022194128% -0.07R -0.64%
2023236045% +1.26R +5.27%
2024205528% +0.07R +0.04%
2025175728% -0.09R -0.72%
202683223% -0.31R -1.48%

Where this strategy made & lost money (the full stock-by-stock breakdown — 158 stocks, incl. 2026)

#StockTradesWin%Avg/tradeBestTotal2026
1 ████████ 10550% +16.9% +124% +1780% +195%
2 ████████ 8647% +8.5% +104% +729% +187%
3 ████████ 9352% +26.1% +181% +2430% +184%
4 ████████ 8531% +2.9% +52% +249% +143%
5 ████████ 8740% +8.0% +125% +696% +85%
6 ████████ 8135% +3.2% +101% +260% +71%
7 ████████ 10749% +8.0% +59% +852% +69%
8 ABB free peek 10434% +2.2% +68% +229% +60%
9 ████████ 11537% +5.3% +61% +607% +59%
10 ████████ 11238% +4.3% +65% +486% +50%
11 ████████ 3027% -2.1% +22% -64% +37%
12 ████████ 10642% +3.7% +66% +394% +31%
13 ████████ 5540% +5.9% +70% +325% +29%
14 ████████ 12736% +0.7% +32% +88% +15%
15 ████████ 11534% +2.0% +50% +231% +10%
16 ████████ 11637% +1.7% +61% +198% +7%
17 ████████ 9646% +3.8% +52% +363% +5%
18 ████████ 11438% +1.1% +42% +121% +5%
19 ████████ 9338% +0.9% +31% +86% +4%
20 ████████ 10627% -1.8% +29% -190% +4%
21 ████████ 10830% +0.6% +37% +63% -53%
22 ████████ 7831% +1.8% +60% +139% -50%
23 ████████ 10630% +1.9% +106% +203% -45%
24 ████████ 11029% -0.3% +36% -37% -41%
25 ████████ 9630% -1.3% +34% -124% -36%
26 ████████ 8935% +0.8% +40% +67% -34%
27 ████████ 10630% +1.7% +86% +175% -34%
28 ████████ 12038% +3.5% +83% +424% -34%
29 ████████ 8520% -2.5% +26% -211% -33%
30 ████████ 11031% -0.3% +49% -37% -33%
You can see the numbers — see the names. Unlock every stock in this breakdown and download it as Excel. The worst stock in this table returned -211% under these exact rules — one wrong pick costs many times the unlock.

Educational backtest output only — not investment advice or a recommendation to buy/sell any security. AI-generated from stored historical data; not 100% accurate. Past performance is not indicative of future results.

On the index (same rules applied to NIFTY & BANKNIFTY)

IndexTradesWin%Expectancy (R/trade)Avg return/trade
NIFTY19835% +0.12R +0.07%
BANKNIFTY17336% +0.28R +0.83%
Full transcript (30 words)
orb strategy 15 range NYSE open waith for a 5min to close above or below enter a buy above or a sell below, SL on the opposite range RR 1:2

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