A system and method for monitoring bend radius and torque force exerted on a drill string. A sensor system is supported within a pipe section of the drill string and has a light source supported within the pipe section to emit a light beam within the pipe section. An optical sensing device is supported within the pipe section and spaced apart from the light source. The optical sensing device transmits a detection signal indicative of the position of the light beam on a surface of the optical sensing device to a processor that determines the bend radius and torque force exerted on the pipe section.