NY Open Market Condition Analyzer – TTR & RI

NY Open Market Condition Analyzer – TTR & RI (Dynamic Edition)

Built for MNQ/NQ scalpers using 1-minute charts, this upgraded analyzer continuously reevaluates structural quality during the NY Open, and now includes optional divergence detection between MNQ and MES.

📊 Core Strategy Filters

• TTR = Total Trading Range (2:00–6:30AM PST premarket movement)
  
• RI = Reactive Impulse (body of current 5-min candle)
  
• VWAP Clearance = Confirms directional momentum
  
• VWAP Slope Alignment = Confirms trend context (optional)
  
• MNQ/MES Divergence Filter = Detects structural disagreement (optional)
  

🎯 Primary Objective
This tool helps you:

• Avoid low-conviction sessions and false breakouts
  
• React to structure as it evolves between 6:30–8:30AM PST
  
• Confirm ideal trading windows based on clear, aligned structure
  

✅ Features

🔁 Dynamic Evaluation Logic

• Starts at 6:34AM PST (after first 5-min bar)
  
• Reevaluates every 5 minutes until 8:30AM PST
  
• Signal (GOOD or SKIP) updates dynamically based on latest structure
  
• Once structure improves, you'll know — in real-time
  

📊 Condition Checks

• Premarket Range ≥ threshold (default: 15 pts)
  
• 5-min Candle Body ≥ threshold (default: 10 pts)
  
• Distance from VWAP ≥ threshold (default: 5 pts)
  
• VWAP Slope alignment (optional)
  
• MNQ/MES Directional Divergence (optional)
  

📋 Visual Output

• 📦 Icon above bar for every 5-min window
  
• 🏷 Label displays “GOOD SETUP” or “SKIP”
  
• 📊 Dashboard panel shows:
  
• - Premarket Range
  
• - 5-min Candle Size
  
• - VWAP Distance
  
• - VWAP Slope Status
  
• - Divergence Check Result
  
• - Final Verdict
  

🛠️ Configurable Settings

• Minimum Range / Candle / VWAP thresholds
  
• Toggle VWAP Slope Filter
  
• Toggle MNQ/MES Divergence Filter
  
• Custom Colors for:
  
• - GOOD/Skip Session
  
• - Divergence Alert
  
• - Dashboard Panel
  

🔔 How to Add the Alert

1. Load on a 1-minute MNQ chart
   
2. Click the Alerts tab (🔔 icon)
   
3. Click + Create Alert
4. Condition: NY Open Market Condition Analyzer – TTR & RI → Good Setup Alert
5. Set to: “Only Once Per Bar Close”

🧪 Best For

• Scalpers trading 10–30 pt MNQ/NQ setups
  
• Traders filtering out low-structure sessions (especially Mondays & Fridays)
  
• Discretionary traders who want real-time structure confirmation
  

🧠 Pro Tip
Pair with:

• Opening Range Breakout strategies
  
• Session VWAP
  
• Pre-market S/R zones
  
• MAS Capital RI confirmation for trade entry
  

This tool adapts with the market — because setups aren’t static, and neither is your edge.