STRATEGY
Automated Trading System for Nasdaq Futures
A professional automated trading strategy that combines Fair Value Gaps with multiple entry methods, designed for consistent performance and reliability during configurable trading sessions.
STRATEGY OVERVIEW
The NQ Ranger strategy implements a sophisticated trading system for index futures
markets. It uses a configurable opening range period as reference levels and combines
Fair Value Gap detection with multiple entry methods to capture high-probability trading
opportunities.
Jesse Rogers has published this video explaining every aspect of the "FCR" strategy, which was my primary inspiration for this
algo.
CRITICAL RULES
🎯 First FVG Outside Opening Range
The core rule of the strategy: Only trade the FIRST Fair Value Gap where the third candle closes outside the opening range.
- Bullish Setup: Third candle closes ABOVE opening range high
- Bearish Setup: Third candle closes BELOW opening range low
- Wait for retest after finding qualifying FVG
🔄 Mandatory FVG Retest
After finding a valid FVG, price MUST return to the FVG zone before any entry is possible.
- No entry until retest confirmation
- Strategy waits for price return to FVG zone
- Only then looks for entry signals
- FVG abandoned if invalidated before retest
ENTRY METHODS
📊 Engulfing Entry
Looks for bullish/bearish engulfing patterns after FVG retest. Current candle completely engulfs the previous candle with specific price relationships.
🔄 Retest Entry
During FVG retest, identifies opposing candles and waits for price to break through the stored candle levels to trigger entries with precise stop placement.
⚡ CISD Entry
Change in State of Delivery logic monitors directional sequences after retest, triggering entries when sequences are broken with configurable swing parameters.
RISK MANAGEMENT
Daily Limits
Maximum 1 trade per day
Stop Loss
Configurable max loss with breakeven management
Time Controls
Trading only within configured sessions
Range Filter
Skips trading on volatile opening ranges
⚠️ Risk Disclaimer
This strategy is for educational and research purposes only. Always test thoroughly in simulation before using with real money. Past performance does not guarantee future results. Trading futures involves substantial risk of loss and is not suitable for all investors. Trade at your own risk.