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Daily Direction(NQ ONLY)

Built specifically for NASDAQ trading.
This indicator works only on the 1-minute timeframe and remains invisible on all others for maximum precision.
⸻
How It Works
1. 9:30 AM Box – At market open, the indicator marks the first 5-minute candle (09:30–09:35 ET) with a box:
• 🟩 Green Box → Bullish Day 🐂
• 🟥 Red Box → Bearish Day 🐻
The box stays visible until 11:30 AM and defines the overall daily direction or trend bias.
2. Entry Signals (1-Minute Breakouts) – After the box color confirms the day’s direction, watch for two 1-minute candles that both close in the same bright color (a reversal pair).
• When both candles close, that’s your entry trigger.
• Standard risk per trade: approximately 200 ticks.
3. High-Probability Entry Zones –
• On a Bullish Day (Green Box) → look for bright green breakout candles below or near the bottom of the box.
• On a Bearish Day (Red Box) → look for bright red breakout candles above or near the top of the box.
4. Best Entry Timing – Most valid and reliable entries occur after 9:45 AM ET, once early volatility stabilizes.
5. Doji + Reversal (One-Time Signal per Day) –
Detects the first Doji candle after 9:35 AM, followed by a strong directional candle that matches the day’s bias.
Both candles highlight in darker tones for an additional confirmation signal.
⸻
Summary
• 📈 NASDAQ only (ideal for NQ and NASDAQ-based stocks).
• 🕐 1-Minute timeframe only – hidden on all others.
• 📦 Defines daily direction with a 9:30 box.
• 💡 Entry trigger = two same-color candles closing together.
• 🎯 Average risk per trade: ~200 ticks.
• ⏰ Most entries occur after 9:45 AM ET.
This indicator works only on the 1-minute timeframe and remains invisible on all others for maximum precision.
⸻
How It Works
1. 9:30 AM Box – At market open, the indicator marks the first 5-minute candle (09:30–09:35 ET) with a box:
• 🟩 Green Box → Bullish Day 🐂
• 🟥 Red Box → Bearish Day 🐻
The box stays visible until 11:30 AM and defines the overall daily direction or trend bias.
2. Entry Signals (1-Minute Breakouts) – After the box color confirms the day’s direction, watch for two 1-minute candles that both close in the same bright color (a reversal pair).
• When both candles close, that’s your entry trigger.
• Standard risk per trade: approximately 200 ticks.
3. High-Probability Entry Zones –
• On a Bullish Day (Green Box) → look for bright green breakout candles below or near the bottom of the box.
• On a Bearish Day (Red Box) → look for bright red breakout candles above or near the top of the box.
4. Best Entry Timing – Most valid and reliable entries occur after 9:45 AM ET, once early volatility stabilizes.
5. Doji + Reversal (One-Time Signal per Day) –
Detects the first Doji candle after 9:35 AM, followed by a strong directional candle that matches the day’s bias.
Both candles highlight in darker tones for an additional confirmation signal.
⸻
Summary
• 📈 NASDAQ only (ideal for NQ and NASDAQ-based stocks).
• 🕐 1-Minute timeframe only – hidden on all others.
• 📦 Defines daily direction with a 9:30 box.
• 💡 Entry trigger = two same-color candles closing together.
• 🎯 Average risk per trade: ~200 ticks.
• ⏰ Most entries occur after 9:45 AM ET.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.