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Spec sheet № 10 of 13New YorkMomentum scalpBeta

Nasdaq Blitz: MNQ/NQ pullback scalping bot

Fast Nasdaq scalps: after a strong 5-minute candle, it buys or sells the 50% pullback for a fixed 35-point target.

In NinjaTrader as NY MNQ Scalp A

Fig. 10Nasdaq Blitz · the rules, drawn outIllustration
Nasdaq Blitz rules, drawn as a diagramA strong, high-volume 5-minute bar sets up the trade; the bot places a limit order on a pullback into that bar with a defined stop and target. Shorts are the mirror. Not a real trade.1Limit · 50% of the candle · 15 min2Target · fixed 35 pointsStop · fixed 50 points (wider than the target)Fill and outcome not drawnVolumeSignal bar · 1.5 × normal range and volumeILLUSTRATION · DRAWN AS 5-MINUTE BARS · NO PRICES · NOT A REAL TRADE

Illustration of the entry rules, not a real or simulated trade and not a result. Hypothetical or simulated performance results have certain limitations (CFTC Rule 4.41). Read the full notice.

Who it's for

Active Nasdaq traders who want quick in-and-out trades on strong candles.

§ 01 How it trades

The rules, in order

  1. Looks for a 5-minute momentum candle: 1.5 times normal range and volume, a strong close beyond the last 10 bars.
  2. Places a limit order at the middle of that candle, good for 15 minutes.
  3. Fixed 35-point target and 50-point stop from the fill.
  4. No new entries after 3:00 PM ET. Any trade is closed at 3:55 PM ET.

§ 02 Market context

Fixed points, not chart levels

Nasdaq Blitz uses a 5-minute momentum candle as its signal, then places a limit order at the middle of that candle for 15 minutes. Unlike the Reload bots, its exits don't depend on the candle: a fixed 35-point target and a fixed 50-point stop from the fill.

It defaults to 2 contracts. On NQ a 50-point stop is a large dollar amount, so check the size before you enable it.

When this setup struggles

  • Strong reversals through the midpoint, which reach the 50-point stop.
  • Repeated signals on a choppy day, since several trades a day are possible.
  • Forgetting the 2-contract default on minis.

§ 03 Risk and settings

Risk rules

  • One position or working order at a time.
  • Daily loss limit, $500 by default, adjustable. Hitting it also cancels any working order.
  • The stop is wider than the target, so a few losses can outweigh many small gains. Size accordingly.

Before you turn it on

  • Load it on a 1-minute MNQ or NQ chart. It adds the 5-minute series itself.
  • Defaults to 2 contracts. Change it to match your account.
  • The daily loss limit defaults to $500 and is adjustable. Hitting it also cancels any working order.

Contract size and the other inputs are adjustable in the bot's settings. The defaults are the settings we tested with.

§ 04 Questions

Nasdaq Blitz: common questions

What are the stop and target?

A fixed 50-point stop and a fixed 35-point target, measured from the fill.

How many contracts does it trade by default?

2. Adjust it before you enable the bot.

When does it stop for the day?

No new entries after 3:00 PM ET, any trade is closed at 3:55 PM ET, and the daily loss limit stops it earlier if hit.

§ 05 Related

Similar bots in the lineup

New York · MNQ · NQ

Nasdaq Reload

After a strong, high-volume 5-minute push in the Nasdaq, it waits for a pullback and joins the move.

See the rules →New York · MES · ES

Gap Runner

When the S&P opens with a 20-point-plus gap that's still holding at 10:00 AM ET, it trades in the gap's direction.

See the rules →New York · MYM · YM

Dow Rubber Band

When the Dow stretches too far from VWAP and snaps back inside its band, it trades the move back toward the middle.

See the rules →

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