Market Open Break 2.0 — Strategy by Bnf6082
By Bnf6082
Performance Metrics
- Author: Bnf6082
- Symbol: CME_MINI:MNQ1!
- Timeframe: 1 minute
- Win Rate: 80.8%
- Profit Factor: 1.767
Description
Captures the directional breakout of the 9:30 ET opening candle on MNQ (Micro E-mini Nasdaq). The strategy uses the high and low of the 9:30 bar as anchor levels — a bar close above triggers a long, below triggers a short. Entries are only taken on the first bar that crosses the level (no chasing consecutive bars). Position size is risk-based: contracts = floor(risk per trade / (stop distance × point value)), so exposure stays consistent regardless of how wide the anchor range is. A max SL % filter skips trades where the stop would be too large relative to price. Circuit breakers (both configurable): - Intra-day: stops taking new trades after N losses in the same session - Cross-day: skips the entire following day after N consecutive losing days Trading window: 9:31–11:30 ET. Any open position is closed at 11:31 ET.