"The sole objective of trading is not to prove you're right, but to hear the cash register ring"
Martin "Buzzy" Schwartz
ORB DAILY SCALPS ALGO
We created a trading algo subscription service for those investors who want to diversify their portfolio into the futures markets. The algo is designed to trade the opening range breakout (ORB) in the index futures on a daily basis for consistent returns. Our simple subscription model enables users to automate their trading process through the Quantower platform connected to their respective brokerage accounts. Results from the trading algo are backed by a live account track record.
OUR TRADING EDGE
Robust and consistent trading strategy with positive expectancy.
Directionally neutral strategy that enables for quick adaptation to different market conditions.
Quick scalping approach to minimize exposure to extreme price fluctuations.
Ideal for portfolio diversification due to low correlation with the broad markets.
Fully automated system that removes the negative impact of emotions on trading results.
CONSISTENT RESULTS THROUGH AUTOMATION
Trading the opening range volatility requires fast and accurate execution made easier through automated trading. Our simple "plug and play" algo comes with preset settings tailored to each subscriber. Subscribers maintain full autonomy of their trading accounts and be able to start and stop the algo at any time.*
*We recommend subscribers to run the algo on a virtual private server (VPS) for continuous connection to the Quantower platform.
HOW IT WORKS
"Plug and Play" the algo into the platform to begin automated trading.
STRATEGY BUILT ON RESEARCH
Assessing the Profitability of Timely Opening Range Breakout on Index Futures Markets
Assessing the profitability of intraday opening range breakout strategies
Can Day Trading Really Be Profitable? Evidence of Sustainable Long-term Profits from Opening Range Breakout (ORB) Day Trading Strategy vs. Benchmark in the US Stock Market
Evolutionary ORB-based model with protective closing strategies
LIVE ACCOUNT TRACK RECORD
ORB Daily Scalps trades statistics based on a $20k live account. Tracking inception 1/27/23 (updated weekly).
Growth of $10,000 based on the ORB Daily Scalps real account results (gross and net after commissions) against the SPX and NDX benchmarks. Tracking inception 2/20/23 (updated daily).
ORB DAILY SCALPS SUBSCRIPTION
Subscription fee is based on per contract basis. See the FAQ for more details.
What type of trading strategy do you employ in the algo?
The strategy utilizes the breakout trading method designed to scalp the opening range volatility.
Can this algo trade other markets?
This algo is designed primarily for the index futures markets. However, certain stocks/ETFs fit the profile to profit from this algo as well.
What is the expected return for this strategy?
Returns are in alignment with volatility (higher volatility=higher returns). Subscribers can expect a monthly return of 3-4% (40-50% annually).
Does this strategy use stop loss to manage risk?
This strategy uses both price and time based stops to manage risk.
Will my performance using the algo match the advertised track record?
The results for each subscriber will depend on several factors such as execution latency, slippage, and broker commissions. We recommend subscribers to use AMP Futures as their futures broker, and to run the algo on a Virtual Private Server (VPS) that's co-located in Chicago IL to minimize latency.
What is the minimum starting capital required to trade with the algo?
We recommend a minimum starting capital of $5,000 to trade the micro contracts, or $50,000 to trade the emini contracts.
How much does the algo subscription cost?
The monthly subscription fee is based on the starting contract quantity set at minimum of $50 per micro contract ($5000 minimum capital to trade 1 micro contract). The starting contract is preset based on the user's initial trading capital.
Example 1: Trading account of $10,000 with recommended starting position of 2 micro contracts will be charged $100 per month.
Example 2: Trading account of $50,000 with recommended starting position of 1 emini contract (10 micro contracts) will be charged $500 per month.
Why does the subscription fee scales with the starting contract size?
We scale the subscription fee in a way that is in tune with the "pay for performance" approach. Users can start with smaller starting position with lesser fee and can scale with more contracts as they gain more confidence in the algo's performance over time. With this scaling model, we ensure that we are in alignment with the interests of our subscribers to deliver consistent results.
Do you offer refunds?
Yes, refunds are pro-rated from the time the request is made.
Which broker should I use to run the algo?
How do I sign up to subscribe to the trading algo?
We require subscribers to agree to the risk disclosure before receiving simple instructions on setting up the algo on their trading platform.
Do you offer a free trial?
Yes, we offer a one month free trial.