Trade the New York open on the Nasdaq with a clean, rules based system. The pre open price sets a fair value line. Continuation trades the opening push away from it, reversion trades the move back. Two trades, one line.

Full editable Pine Script source for both tools: an indicator to trade by eye, and an automated strategy to backtest and run on a prop account. Nothing locked or invite only.

Backtested on NAS100, last 365 days, 100K account:

• Net profit: +$51,893 (+51.89%)
• Profit factor: 1.94
• Win rate: 56.69% (178 of 314)
• Max drawdown: $3,207 (2.38%), inside a typical prop limit

Features:

• Continuation and reversion off the pre open fair line
• Open candle bias filter
• Wick based or rolling break of structure
• Session and time window controls
• Adjustable stop, target and management
• One reversion per session and cooldown options

Works on every TradingView plan including free. 30 second install: copy, paste into the Pine Editor, add to chart. Instructions included in the download.

Optimised default settings built on recent price action. Adjust everything and backtest your own ideas.

One off, lifetime purchase. No subscription. Free updates.

For education only, not financial advice. Trading carries significant risk. Results shown are backtested and hypothetical. Past performance does not guarantee future results. Test on your own data before risking capital.