OPEN-SOURCE SCRIPT

NQ 300+ Point Day Checklist (Bias + Alerts + Markers)

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This indicator helps identify high-range (≥300-point) days on Nasdaq-100 futures (NQ / MNQ) using a clear, rule-based checklist.

It evaluates volatility, compression, price displacement, prior-day structure, and overnight activity to generate a daily expansion score (0–6). Higher scores signal an increased likelihood of a strong trending or expansion day.

The script also provides:

Expansion probability levels (Normal / Watch / High-Prob)

Bullish, bearish, or neutral bias

On-chart markers and background highlights

Optional alerts for early awareness

Best used on the Daily timeframe to help traders focus on high-opportunity days and avoid overtrading during consolidation.

This is a context and probability tool — not a trade signal.

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