November 19, 2024: No Entry. RTH gap was 0.62%. No entry as it is over the 0.50% threshold. image image

Fade the Gap: A Trader's Edge in ES Futures

It's my system. If you want access to the indicator I can add you to it. Just need to ask.

Fade the Gap: A Trader's Edge in ES Futures

It's a custom script. Uses past statistical probabilities of gap fills based on user inputs.

Fade the Gap: A Trader's Edge in ES Futures

November 18, 2024: +$525/14 ticks Today's gap was +0.06%, we shorted the NY open with 3 contracts. The probability of the gap closing was 91.34% based on past gaps of the same size, going back to Dec 1, 2021. image image

Fade the Gap: A Trader's Edge in ES Futures

You can eyeball the price action for a quick read on whether a pair is trending or ranging. If prices are making higher highs or lower lows consistently, that's your trend. If they're just bouncing around the same levels, like a yo-yo, you're ...

Best way to determine range/trend?

Looking at the 1 min chart you posted, it doesn't looks very profitable. What are the exit rules? So you exit with a color shift? Or a certain % profit target?

Quants Directional Momentum System

I get that. Curious what your exit plan is? Where will you cut losses?

Options Traders

Still holding these? They are under $20 now. What's your exit plan?

Options Traders

What's your price target? I see your line at 1.39220, do you plan to close some of the position and leave some runners?

USDCAD

OK. I coded some statistical probability stuff on TradingView which deals with gaps. Love when I see other people do it.

Horizontal line system

Do you have any data that the US30 and Nas100 lead CFDs? I would be interested in seeing it, I play YM futures (US30) only if it out of correlation by a substantial amount from ES and NQ. I find if ES and NQ are up and YM is flat or negative, taking ...

Scalping NAS100 CFDs w/ US30 Futures as Leading Indicator

This is great, trading with a statistical probability of repeating events over the long run should yield prfitable results. I do the same with midnight open and RTH gap. Have you coded anything else like this?

Horizontal line system