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NQ Reversal Framework
NQ Reversal Framework
The NQ Reversal Framework is a technical indicator designed to identify potential intraday reversals on the NASDAQ futures (NQ).
It is inspired by the methodology associated with Austin Clark and combines MACD momentum signals with the structural reference of the Midnight Open level.
This is a visual framework, not an automated trading system.
Core Components
1) MACD-Based Reversal Signals
The indicator uses classic MACD cross logic:
This structure focuses on momentum shifts occurring after an extended move, rather than mid-range noise.
2) Midnight Open Reference
Each day at midnight, a horizontal line is drawn at the session open price.
This level acts as an intraday reference point:
The Midnight Open provides structural context for price positioning during the trading day.
3) Custom Trading Session Filter
Users can define a specific intraday session window (for example 08:00–11:00 in a chosen timezone).
This helps restrict signal generation to preferred trading hours.
4) Timezone Control
A configurable timezone input (default: America/New_York) ensures proper alignment with exchange hours and session logic.
What This Indicator Does
What This Indicator Does Not Do
The NQ Reversal Framework is intended as a structured intraday analysis tool for traders seeking to identify momentum shifts around key time-based reference levels.
The NQ Reversal Framework is a technical indicator designed to identify potential intraday reversals on the NASDAQ futures (NQ).
It is inspired by the methodology associated with Austin Clark and combines MACD momentum signals with the structural reference of the Midnight Open level.
This is a visual framework, not an automated trading system.
Core Components
1) MACD-Based Reversal Signals
The indicator uses classic MACD cross logic:
- Buy signal when MACD crosses above the signal line below the zero line
- Sell signal when MACD crosses below the signal line above the zero line
This structure focuses on momentum shifts occurring after an extended move, rather than mid-range noise.
2) Midnight Open Reference
Each day at midnight, a horizontal line is drawn at the session open price.
This level acts as an intraday reference point:
- The line extends throughout the current session
- It resets when a new midnight session begins
The Midnight Open provides structural context for price positioning during the trading day.
3) Custom Trading Session Filter
Users can define a specific intraday session window (for example 08:00–11:00 in a chosen timezone).
- The chart background is highlighted during the selected session
- MACD signals are displayed only within this defined window
This helps restrict signal generation to preferred trading hours.
4) Timezone Control
A configurable timezone input (default: America/New_York) ensures proper alignment with exchange hours and session logic.
What This Indicator Does
- Highlights structured MACD reversal signals
- Provides a daily Midnight Open reference
- Filters signals by user-defined session
- Improves intraday context visualization
What This Indicator Does Not Do
- It does not place trades
- It does not manage risk
- It does not guarantee performance
The NQ Reversal Framework is intended as a structured intraday analysis tool for traders seeking to identify momentum shifts around key time-based reference levels.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.