5-min Strat Strategy V2 (With Stop Loss)
✅ Description
This is a rules-based intraday trading strategy developed for use on futures contracts like MNQ (Micro Nasdaq) or MES (Micro S&P). It focuses on momentum-based breakout entries above pre-market highs, during regular trading hours, and uses EMAs to define trend alignment.
⚙️ Strategy Components
✅ Trade Type
Long-Only strategy
Entry and exit based on EMAs, price position, and time windows
✅ Time Frame
Built for 5-minute charts
✅ Symbols
Optimized for MNQ (Micro Nasdaq Futures)
Works on MES or other U.S. index futures with similar structure
📅 Time Windows
Pre-Market Hours (PMH/PML): 04:00 – 09:30 AM EST
Regular Trading Hours (RTH): 09:30 AM – 4:00 PM EST
Auto Exit Time: 4:59 PM EST (to comply with prop firm rules)
📌 Entry Conditions (Long)
48 EMA > 200 EMA (Bullish alignment)
Price > Locked Pre-Market High
Green Candle (close > open)
During RTH (9:30–16:00 EST)
Cooldown: Must wait 4 candles after last entry
Max Trades per Day: 3
💥 Exit Conditions
Primary Exit: Close below the 48 EMA
Max Loss Exit: Stop loss set to $7,500 per trade
EOD Exit: All positions are closed at 4:59 PM EST
💰 Risk Management
Contracts: 6 Micro contracts per trade
Stop Loss: Dynamic point-based SL calculated based on:
MNQ point value = $20/point per contract
30 contracts = $120/point
Max SL points = $7,500 / $120 = 62.5 points
📊 Key Variables for Logging
Parameter Value
Max Stop Loss $7,500
Position Size 30 Micro Contracts - ***Varies depending on account size***
Cooldown Bars 4 (20 min)
Max Daily Trades 3
Strategy Version V2 – $7.5K SL
Skrip hanya-undangan
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact CriticalCapitalTrading directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Instruksi penulis
Pernyataan Penyangkalan
Skrip hanya-undangan
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact CriticalCapitalTrading directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.