NAS100 3-Min Breakout + Reverse After SL — Strategy by SwapyBhoirGoldking
By SwapyBhoirGoldking
Performance Metrics
- Author: SwapyBhoirGoldking
- Symbol: CAPITALCOM:NAS100
- Timeframe: 3 minutes
Description
# NAS100 3-Minute Lowest Volume Breakout Strategy with Reverse Trade## OverviewThis strategy is designed for the NAS100 index on a 3-minute chart. It combines a lowest-volume candle range, a time-based breakout setup, confirmed swing-point stop-losses, and a risk-to-reward ratio of 1:2.The strategy identifies the candle with the lowest volume during the 04:00–07:00 New York time session and uses its high and low as key breakout levels. At 09:15 New York time, it evaluates the market for a potential breakout trade.## Strategy Rules**1. Lowest-Volume Candle**- Identifies the lowest-volume candle between 04:00 and 07:00 New York time.- Highlights the selected candle in yellow.- Draws the candle's high and low as the breakout range.**2. Breakout Entry**- Evaluates the breakout at 09:15 New York time.- A close above the range high may trigger a BUY.- A close below the range low may trigger a SELL.- Entries also require a valid confirmed swing point for stop-loss placement.**3. Stop-Loss and Take-Profit**- BUY trade: Stop-loss at the previous confirmed swing low.- SELL trade: Stop-loss at the previous confirmed swing high.- Target is set at a 1:2 risk-to-reward ratio.**4. Reverse Trade After Stop-Loss**- If the first trade hits its stop-loss, the strategy can attempt one trade in the opposite direction.- The reverse trade uses the appropriate confirmed swing point for its stop-loss.- The same 1:2 risk-to-reward ratio applies.**5. Daily Trade Limit**- Maximum of two trades per day: one initial trade and one potential reverse trade.- If the first trade reaches its target, no further trade is taken that day.- Trading stops for the day after the second trade closes.## Chart Settings- **Market:** NAS100- **Timeframe:** 3 minutes- **Timezone:** America/New_York- **Range session:** 04:00–07:00- **Breakout evaluation:** 09:15 New York time- **Risk-to-reward:** 1:2## Important NotesThis script is a technical trading strategy intended for research, chart analysis, and backtesting. Results may vary depending on the broker's NAS100 feed, available volume data, spreads, commissions, slippage, and execution settings.Historical backtest results do not guarantee future performance. Please test the strategy thoroughly on your selected data feed and use appropriate risk management before considering live trading.**Disclaimer:** This script is provided for educational and informational purposes only. It is not financial advice or a recommendation to buy or sell any financial instrument. Trading leveraged indices involves substantial risk, and losses can exceed expectations.