Trading the First Post-Lunch Sweep of NQ Session Highs and Lows

Summary

This entry-only setup tracks the high and low formed during the noon-to-1 p.m. New York lunch session, then watches for the first sweep during the 1–4 p.m. window on a 5-minute NQ chart. A move above the lunch high that closes back below it signals a short; a move below the lunch low that closes back above it signals a long. The intended entry is at the next bar’s open, and the script allows only one signal or cancellation event per day.

An optional strong-close rule cancels the day’s trade opportunity when the sweep bar closes at its own high for a high sweep or at its own low for a low sweep. The document describes the approach as based on liquidity-sweep concepts and positions it as a discretionary confluence tool. It includes no exit management, stop or target rules, or performance statistics, so it does not define a complete trading system. Its session times, instrument check, and timeframe restriction also limit the stated setup to NQ futures on 5-minute bars using New York time.

Key ideas

• The script records the high and low during the noon-to-1 p.m. New York lunch session.
• A wick beyond a lunch boundary followed by a close back inside creates a potential reversal signal.
• Only the first valid sweep or strong-close cancellation is acted on each day.
• A strong close at the sweep bar’s extreme can cancel that day’s setup.
• The logic targets 5-minute NQ charts and does not specify trade exits or report performance.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.