NQ AM Model

Overview 📈
The NQ AM Model is a fully automated backtesting strategy designed specifically for Nasdaq futures (NQ & MNQ). It focuses on a systematic price action pattern that frequently occurs during the volatile New York morning session.

This tool is built for traders who want to rigorously test a specific, disciplined trading model. It incorporates dynamic position sizing, advanced stop loss options, and integrated alerts to create a complete trading system.

The Trading Model 🧠
The strategy's logic is based on a "one-shot" daily model. It's designed to be highly selective and takes a maximum of one trade per day.

Premarket Analysis: The strategy first defines key price levels based on the NY premarket session activity.

Liquidity Engagement: During the active AM session, it waits for the market to engage with one of these key premarket levels.

Confirmation Signal: After a key level is met, the strategy looks for a specific, time-sensitive confirmation pattern to signal a potential reversal.

Execution: If the confirmation occurs and meets a minimum Risk/Reward requirement, the strategy will enter a trade. The take profit is automatically set at the opposing premarket level.

Once the single trade opportunity for the day is either taken or missed, the strategy remains inactive until the next day.

Key Features ✨
Dynamic Position Sizing: Automatically calculates the number of contracts to trade based on a fixed dollar risk you define. It risks the same amount on every trade, regardless of the stop loss distance.

Advanced Stop Loss Options: Choose between two SL methods:

ATR Stop: A classic stop loss based on a multiple of the Average True Range.

Swing Point Stop: A dynamic stop placed above/below the key swing high/low that formed before the entry, plus a customizable buffer.

Pre-Defined Targets: The take profit is intelligently set at the opposing premarket high or low, providing a logical target for every trade.

Risk/Reward Filter: The strategy will only enter a trade if the potential reward versus the risk meets your specified minimum R/R ratio.

Comprehensive Visuals:

Draws a clean Risk/Reward box on the chart for every trade.

Includes an on-screen Status Table that displays key information about any active trade.

Full Session Control: Use the settings to enable or disable trading on specific days of the week to fine-tune the strategy's performance.

Telegram Alerts: Integrate a Telegram bot to receive instant notifications for trade entries, take profits, and stop losses.

How to Configure ⚙️
Set Your Risk: In the settings, begin by entering your desired Risk Amount per Trade ($) and ensure the Point Value matches the instrument you are trading ($2 for MNQ, $20 for NQ).

Choose Your SL: Decide whether to use the ATR Stop Loss Multiplier or enable the Use Swing High/Low for Stop Loss option.

Define Your Minimum RR: Set the Minumum RR amount to enter trades to filter out lower-quality setups.

Backtest: Use TradingView's Strategy Tester to see how the model performs on historical data with your settings. Adjust the day-of-week filters to optimize for different market conditions.