TECHNICAL OVERVIEW

The ORANGE-6 algorithm is a long-only, medium-term trading system designed for the Nasdaq 100 index (NDX), running on the ProRealTime platform. It operates on a 2-hour timeframe and is optimized to capture large directional moves with wide profit targets and firm protective thresholds.

This system stands out for its macro-structural bias, focusing on sustained trend continuation rather than short-term oscillations. ORANGE-6 is particularly well-suited to swing traders and position traders who seek lower trade frequency but higher individual trade expectancy.

Developed in 2024, ORANGE-6 is inspired by several proven frameworks but has been coded as an individual and original version, optimized for reduced whipsaw exposure and high confidence setups during trending phases. The algorithm supports both fixed-size and dynamic pip scaling configurations.

TECHNICAL SPECIFICATIONS

• Algorithm Name: ORANGE-6

• Target Market: Nasdaq 100 (US Tech 100 Cash)

• Position Type: Long-only (no short trades)

• Timeframe: 2-hour candles

• Platform: ProRealTime

• Programming Language: ProBuilder

• Trading Hours: UTC +1

• Trade Frequency: Low (1–3 trades per week)

STRATEGY PARAMETERS

• Stop Loss: ~8.00%

• Take Profit: ~10.00%

• Break-even Activation: At approximately +1.00%

• Trailing Stop: Enabled, layered logic

• Entry Conditions: Trend continuation, breakout momentum, macro-trend filters

• Money Management:

  • Without MM: Fixed size (1 €/pip for €2,000 capital)

  • With MM: Dynamic progression from 0.5 €/pip based on equity growth

PERFORMANCE COMPARISON

Starting capital: €2,000

MONTECARLO SIMULATION RESULTS

Methodology: 100,000 random permutations of historical trade data

Probability of Profit

Additional Metrics

EXTENDED TECHNICAL CONCLUSION

ORANGE-6 delivers a strategic contrast to more frequent systems by focusing on strength-based entries with wide breathing room for price development. It leverages the 2-hour timeframe to filter out noise and wait for higher-confidence, multi-bar breakout moves that indicate sustained directional flow.

This algorithm is ideal for traders with a preference for fewer trades, higher reward per position, and stronger emphasis on macro-trend alignment. The large stop-loss and take-profit windows make it more robust in handling deep pullbacks, while the trailing and break-even mechanisms protect gains once in profit territory.

Its performance without money management already reflects strong expectancy and risk control, making it suitable for regulated environments or prop trading evaluations. Under money management, ORANGE-6 gains notable scaling power—projecting six-figure returns from a modest capital base over five years.

Monte Carlo simulations confirm its ability to withstand adverse randomization while maintaining consistent profit probabilities, with excellent long-term profit distributions and acceptable volatility bands.

ORANGE-6 is best suited for traders who prioritize:

• Wide profit targets with macro-level positioning

• Minimal trade frequency with selective entry logic

• Capital growth with scalable money management

• High trade durability and trend-following posture

• Defensive structures with profit protection layers

With its hybrid swing structure, solid statistical foundation, and ease of monitoring due to lower frequency, ORANGE-6 is an effective algorithm for serious traders looking to blend strategic patience with long-term equity growth.

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