MNQ 100RIntraday Strategy
A disciplined 2-trade-per-day strategy with only 3 possible outcomes. No guessing. No overtrading. Just rules.
What You Need
MNQ
Micro Nasdaq Futures
100R
Range Bar Chart
HAMA Indicator
See options below
1 Contract
Position Size
Choose Your Indicator
This strategy works with HAMA-style candle indicators. Start free or upgrade for more features.
NSDT HAMA Candles
A free, open-source TradingView indicator that provides the core HAMA candle functionality needed for this strategy.
- ✓Heiken-Ashi Moving Average candles
- ✓Multiple MA types (EMA, SMA, WMA)
- ✓Customizable colors and settings
- ✓Gradient color scheme option
Range Bar Rider
My enhanced version with additional signals and settings designed specifically for range bar trading.
- ✓Everything in NSDT HAMA Candles
- ✓Additional buy/sell signals
- ✓Trend strength indicators
- ✓Advanced customization options
- ✓Optimized for range bar charts
The Strategy
Identify the Trend
Bullish trend — Look for long entries only
Bearish trend — Look for short entries only
No trend yet — Stay out and wait
Wait for the Pullback
Once a trend is established, wait for a range bar that:
- 1Pulls back above/below the Moving Average
- 2Stays the same trend color (does NOT change)
- 3Closes in the direction of the current trend
Execute the Trade
On the close
Enter as soon as the signal bar closes in the trend direction
100 ticks
Just above/below the signal bar
200 ticks
1:2 Risk-Reward ratio
Why range bars? They make defining your risk simple — a 100 tick stop and 200 tick target is all you need.
See It In Action
Real examples of the strategy on MNQ 100R charts. The yellow circles highlight valid entry signals.
Long Entries
Green bars indicate bullish trend. Enter long when price pulls back to MA but closes bullish.
Short Entries
Red bars indicate bearish trend. Enter short when price pulls back to MA but closes bearish.
Only 3 Possible Outcomes
With 1 MNQ contract and strict daily limits, your day ends one of three ways. No exceptions.
- • Maximum 2 trades per day — no exceptions
- • Once you hit your result (win or lose), walk away
- • No revenge trading, no "one more try"
Ideal for $25K Prop Accounts
Most $25K prop firm accounts have a maximum drawdown of $1,000. This strategy is designed to protect that account.
You would need 10 consecutive losing days (20 losing trades in a row) to hit the max drawdown. With even a modest win rate, that's extremely unlikely.
Want More Signals?
While this strategy works with the free NSDT HAMA Candles, the Range Bar Rider adds additional signals and settings to help you find even more opportunities.