Daily Direction(NQ ONLY)

Built specifically for NASDAQ trading.
This indicator works only on the 1-minute timeframe and remains invisible on all others for maximum precision.

⸻

How It Works
1. 9:30 AM Box – At market open, the indicator marks the first 5-minute candle (09:30–09:35 ET) with a box:
• 🟩 Green Box → Bullish Day 🐂
• 🟥 Red Box → Bearish Day 🐻
The box stays visible until 11:30 AM and defines the overall daily direction or trend bias.
2. Entry Signals (1-Minute Breakouts) – After the box color confirms the day’s direction, watch for two 1-minute candles that both close in the same bright color (a reversal pair).
• When both candles close, that’s your entry trigger.
• Standard risk per trade: approximately 200 ticks.
3. High-Probability Entry Zones –
• On a Bullish Day (Green Box) → look for bright green breakout candles below or near the bottom of the box.
• On a Bearish Day (Red Box) → look for bright red breakout candles above or near the top of the box.
4. Best Entry Timing – Most valid and reliable entries occur after 9:45 AM ET, once early volatility stabilizes.
5. Doji + Reversal (One-Time Signal per Day) –
Detects the first Doji candle after 9:35 AM, followed by a strong directional candle that matches the day’s bias.
Both candles highlight in darker tones for an additional confirmation signal.

⸻

Summary
• 📈 NASDAQ only (ideal for NQ and NASDAQ-based stocks).
• 🕐 1-Minute timeframe only – hidden on all others.
• 📦 Defines daily direction with a 9:30 box.
• 💡 Entry trigger = two same-color candles closing together.
• 🎯 Average risk per trade: ~200 ticks.
• ⏰ Most entries occur after 9:45 AM ET.