MNQ Reversal Signals (HP/MP) + Traffic Light Regime Filter

10小时前

What we’re building

A 1-minute MNQ overlay indicator that does two things:

Generates trade signals (Long/Short) using a structured “reversal + confirmation” logic, plus optional filters.

Decides if we’re allowed to trade at all using a simple Traffic Light regime gate (GREEN / ORANGE / RED).

The goal is to only participate when conditions are favorable, avoid forcing trades, and keep decision-making consistent.

What we want to achieve

A rules-based system that:

Waits for high-quality setups (reversal-style signals, not random chop).

Uses a market regime filter to avoid trading during impulse / chaos.

Produces clear, repeatable entries: HP / MP Long or Short.

Enforces strict discipline: no “coerced” trades, no “I think it’ll work” entries.

Signal logic (V36-style structure)
1) Standard trend signal (EMA crossover)

Fast EMA (9) vs Slow EMA (21):

Long signal = fast crosses above slow

Short signal = fast crosses below slow

Optional RSI filter:

Longs require RSI above threshold

Shorts require RSI below threshold

2) Reversal signals (the ones we actually care about)

These are pattern + location + confirmation signals:

Mid-Probability (MP) Reversal

Long MP: deep pullback below slow EMA + hammer-type candle + EMAs bearish (fast < slow)

Short MP: deep extension above slow EMA + shooting-star-type candle + EMAs bullish (fast > slow)

High-Probability (HP) Reversal

HP is MP plus confirmation:

Long HP: after an MP long, the next 3 candles hold the low

Short HP: after an MP short, the next 3 candles hold the high

So HP = “reversal happened” + “market proved it didn’t immediately fail.”

Traffic Light gate (the trade permission system)

This block measures volatility regime + impulse behavior using:

ATR vs ATR baseline (volatility regime)

True Range vs TR baseline (impulse / expansion)

Count of recent TR expansion events over a rolling window (default 50 bars)

Colors mean:

GREEN (LFG): conditions stable enough to trade

ORANGE (OKISH): tradeable, but not perfect

RED (BAD): impulse / unstable → we do nothing

Our trading rule with the traffic light:

✅ We only take trades when Traffic Light is GREEN or ORANGE.
❌ We do not trade on RED.
❌ We don’t trade the “L” ever. (No “always-on”/baseline entries—only the defined MP/HP signals)

The execution rule-set (how we behave)

We do not chase.

We do not force entries (“coerced trades” are banned).

We wait for the system to print a valid setup:

MP Long / HP Long OR MP Short / HP Short

AND Traffic Light = GREEN or ORANGE

If it’s RED: no trade, even if a signal appears.

That’s it: signal + permission. No improvisation.

Educational Use Only — Not Financial Advice

This script/indicator is provided for educational and informational purposes only. It is not financial, investment, trading, tax, or legal advice, and nothing here should be interpreted as a recommendation to buy, sell, or hold any security, futures contract (including MNQ), options, crypto, or any other instrument.

Risk Warning: Trading involves substantial risk and you may lose some or all of your capital. Past performance is not indicative of future results. Any examples or “signals” are hypothetical and may not reflect real-world execution, slippage, commissions, liquidity, outages, or data-feed differences.

No Guarantees: This script may produce false, delayed, missing, or inaccurate signals due to market conditions, chart settings, timeframe differences, data quality, broker feeds, platform limitations, or coding constraints. It is provided “AS IS” without warranties of any kind.

Your Responsibility: You are solely responsible for all trading decisions, risk management, order placement, and compliance with applicable laws/rules.

Limitation of Liability: To the maximum extent permitted by law, the author/creator disclaims any liability for any losses or damages (including trading losses, lost profits, indirect or consequential damages) arising from the use of or reliance on this script.

By using this script, you acknowledge and accept this disclaimer.

9小时前

版本注释

What we’re building

A 1-minute MNQ overlay indicator that does two things:

Generates trade signals (Long/Short) using a structured “reversal + confirmation” logic, plus optional filters.

Decides if we’re allowed to trade at all using a simple Traffic Light regime gate (GREEN / ORANGE / RED).

The goal is to only participate when conditions are favorable, avoid forcing trades, and keep decision-making consistent.

What we want to achieve

A rules-based system that:

Waits for high-quality setups (reversal-style signals, not random chop).

Uses a market regime filter to avoid trading during impulse / chaos.

Produces clear, repeatable entries: HP / MP Long or Short.

Enforces strict discipline: no “coerced” trades, no “I think it’ll work” entries.

Signal logic (V36-style structure)
1) Standard trend signal (EMA crossover)

Fast EMA (9) vs Slow EMA (21):

Long signal = fast crosses above slow

Short signal = fast crosses below slow

Optional RSI filter:

Longs require RSI above threshold

Shorts require RSI below threshold

2) Reversal signals (the ones we actually care about)

These are pattern + location + confirmation signals:

Mid-Probability (MP) Reversal

Long MP: deep pullback below slow EMA + hammer-type candle + EMAs bearish (fast < slow)

Short MP: deep extension above slow EMA + shooting-star-type candle + EMAs bullish (fast > slow)

High-Probability (HP) Reversal

HP is MP plus confirmation:

Long HP: after an MP long, the next 3 candles hold the low

Short HP: after an MP short, the next 3 candles hold the high

So HP = “reversal happened” + “market proved it didn’t immediately fail.”

Traffic Light gate (the trade permission system)

This block measures volatility regime + impulse behavior using:

ATR vs ATR baseline (volatility regime)

True Range vs TR baseline (impulse / expansion)

Count of recent TR expansion events over a rolling window (default 50 bars)

Colors mean:

GREEN (LFG): conditions stable enough to trade

ORANGE (OKISH): tradeable, but not perfect

RED (BAD): impulse / unstable → we do nothing

Our trading rule with the traffic light:

✅ We only take trades when Traffic Light is GREEN or ORANGE.
❌ We do not trade on RED.
❌ We don’t trade the “L” ever. (No “always-on”/baseline entries—only the defined MP/HP signals)

The execution rule-set (how we behave)

We do not chase.

We do not force entries (“coerced trades” are banned).

We wait for the system to print a valid setup:

MP Long / HP Long OR MP Short / HP Short

AND Traffic Light = GREEN or ORANGE

If it’s RED: no trade, even if a signal appears.

That’s it: signal + permission. No improvisation.

Update V1: introduced 1100 pm to 259 am potential reversal trades with triggers especially for London open pullback

Educational Use Only — Not Financial Advice

This script/indicator is provided for educational and informational purposes only. It is not financial, investment, trading, tax, or legal advice, and nothing here should be interpreted as a recommendation to buy, sell, or hold any security, futures contract (including MNQ), options, crypto, or any other instrument.

Risk Warning: Trading involves substantial risk and you may lose some or all of your capital. Past performance is not indicative of future results. Any examples or “signals” are hypothetical and may not reflect real-world execution, slippage, commissions, liquidity, outages, or data-feed differences.

No Guarantees: This script may produce false, delayed, missing, or inaccurate signals due to market conditions, chart settings, timeframe differences, data quality, broker feeds, platform limitations, or coding constraints. It is provided “AS IS” without warranties of any kind.

Your Responsibility: You are solely responsible for all trading decisions, risk management, order placement, and compliance with applicable laws/rules.

Limitation of Liability: To the maximum extent permitted by law, the author/creator disclaims any liability for any losses or damages (including trading losses, lost profits, indirect or consequential damages) arising from the use of or reliance on this script.

By using this script, you acknowledge and accept this disclaimer.