About Indicator:
NAS100 Continuation + Reversion: Trading View Indicator + Strategy FULL PINECODE
Note: This is not an indicator made by JJ Simon, nor is it part of the mentorship. It’s code from someone who implemented the strategy and made an indicator based on it.
Trade the New York open on the Nasdaq with a clean, rules-based system. The preopen 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 preopen 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.
Reviews
There are no reviews yet.