Candle Open is a precision-built trading strategy for MNQ (Micro Nasdaq Futures) or NQ (Nasdaq Futures) that executes a single trade per day based on the 9:30–9:35 AM ET opening candle. If the candle closes bullish, it goes long. If it closes bearish, it goes short — but shorting is optional and can be disabled with one input, ideal for bullish macro environments.
This isn’t a scalping bot. This is a clean, controlled hit — one trade per day, based on momentum at the most volatile time in the U.S. session. Built for traders who understand the real opportunity is in the opening range — where liquidity, volume, and direction converge.
What Makes It Work:
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Entry Logic: Trades only once, immediately after the first 5-minute candle.
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Directional Toggle: Short trades can be turned off completely. If NQ is in a bullish regime, stay long only.
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Stop Loss / Take Profit: ATR-based. No fixed numbers. The logic breathes with the market. If volatility expands, so does your room to move.
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No chasing. No signals. No noise.
Who It’s For:
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Traders who want one clean setup a day with no indicators cluttering the screen.
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Those who understand that NQ’s best trades happen off the open — and want a system to execute that without hesitation.
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Strategy developers or algo traders looking for a solid, time-based framework to build on.
Where and When:
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Designed for Nasdaq. Could work with MES or other instruments but was optimized and tuned specifically for NQ/MNQ behavior.
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Trades only at the U.S. equity open, where volume and volatility are highest.
Why It Delivers:
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Backtested over 3 years, showing strong results with and without short trades.
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No Shorts Mode boosts consistency and profit factor in trending markets.
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Simple ATR logic keeps it adaptable — not rigid.
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You’re not relying on lagging indicators, repainting signals, or random triggers.
Results (With Backtest Data):
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Net profit over 3 years: $18k–$22k range depending on settings.
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Profit factor: 1.50–1.58
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One trade per day, average trade value $50+
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Smoother equity curve when shorts are disabled
One License. No Bloat.
GET CANDLE OPEN
Candle Open Strategy for Ninja Trader 8
Strategy Type: First 5-Minute Candle Reversal Logic
ATR-Based Dynamic SL/TP – Trend-Aware "No Shorts" Toggle
Includes .cs and .txt files + optimized MNQ settings + install PDF
Delivery:
Instant download after purchase (ZIP format)
Platform Requirements
- Ninja Trader 8