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Indicators

Two TradingView indicators for MNQ futures. Each draws one written rule on your chart and runs a backtest on your own chart.

Illustration of two TradingView chart windows: Talon Anchor on a 15-minute MNQ chart and Talon Crest 45s on a 45-second MNQ chart.
Illustration with synthetic candles, not market data or a result.
  1. 01The problemWith many indicators on one chart, it is hard to tell which rule you are following.
  2. 02Why it mattersIf you cannot read the rule, you cannot check what a backtest tested, or what it left out.
  3. 03What these two doTalon Anchor and Talon Crest 45s each draw one written rule from the first 15-minute range. You can read it and check it on your own chart.

The two indicators

Illustration of Talon Anchor: a 15-minute opening range, a candle closing below it, and a target zone smaller than the stop zone.
Illustration.

MNQ · 15-minute chart

Talon Anchor

Chart
15-minute
Trades a day
At most 1
Stop
Never moved
Feature
Measures the first 15 minutes after midnight Chicago. When a later 15-minute candle closes outside that range, it draws an entry, stop and target for its backtest.
Advantage
One written rule. At most one trade a day, and the stop is never moved.
Benefit
You can read the rule, then run its backtest on your own chart and see the losses next to the wins.
Rules and settings: Talon Anchor
Illustration of Talon Crest 45s: a 15-minute opening range made of many 45-second candles, a candle closing below it, and a target zone equal to the stop zone.
Illustration.

MNQ · 45-second chart

Talon Crest 45s

Chart
45-second
Trades a day
At most 2
Stop
Can trail in profit
Feature
Measures the same first 15 minutes on a 45-second chart. When a later candle closes outside the range, it draws an entry, stop and target for its backtest. The stop can trail once a trade is in profit by half the stop distance.
Advantage
A closer view of the same range. At most two trades a day, with the stop rules on the chart.
Benefit
You can see how the range formed from smaller candles, and check the rule against your own chart. Check that your TradingView plan supports 45-second charts.
Rules and settings: Talon Crest 45s

Talon Daybreak and Talon Encore are coming later. They are not part of the membership today.

The rule

One rule, drawn on your chart

Both indicators read the first 15 minutes after midnight Chicago. Here is the rule in four frames, shown on Talon Anchor's 15-minute chart.

  1. Illustration: the first 15-minute candle after midnight Chicago is marked as the range.

    01The range

    The first 15 minutes after midnight Chicago set the range.

  2. Illustration: a later candle closes outside the range.

    02A close outside

    A later candle closes outside that range.

  3. Illustration: an entry, a target zone and a stop zone are drawn on the chart.

    03The marks

    The indicator draws an entry, stop and target for its backtest.

  4. Illustration: the trade has closed and no more entries are drawn for the day.

    04The limit

    At most one trade a day on Talon Anchor, and at most two on Talon Crest 45s.

Illustration. The range lines explain the rule; the scripts do not draw them.

Side by side

The rules and defaults at a glance

Both use the first 15 minutes after midnight Chicago. They differ in the chart they run on and in how the stop and target work.

RuleTalon AnchorTalon Crest 45s
Chart15-minute, regular Candles, extended hours45-second, regular Candles
EntriesAt most 1 trade a dayAt most 2 trades a day
DaysMonday long only; Tuesday to Friday either directionMonday to Friday, either direction
StopOpposite edge of the range, never movedOpposite edge of the range, then a trailing stop
Target0.4 times the stop distance1.0 times the stop distance
Planned risk600 USD600 USD
Max contracts22
You needYour own TradingView account and an MNQ chartCheck that your TradingView plan supports 45-second charts

Planned risk is a sizing setting, not a loss limit. The member setup guides list every input.

On your chart

See the entry, stop and target

Annotated MNQ chart showing an entry, target, stop, exit and the info panel.
Illustration.
  1. EntryA marker shows where the backtest entered.
  2. Target and stopZones show the target and stop used by the backtest.
  3. Results panelThe panel marks its figures as BACKTEST. They are not broker results.

Your chart, your decision

Talon Anchor and Talon Crest 45s place no orders, connect to no broker and give no trade calls.

Understand the limits

Chart marks and simulated fills can differ from a real trade. Results depend on your chart history and settings. A 45-second chart loads less history than a 15-minute chart, so check that your TradingView plan supports 45-second charts.

See plans and terms

Trading involves risk. Read the risk disclosure

TradingView is a trademark of TradingView, Inc. We are not affiliated with, endorsed by or sponsored by TradingView, Inc., CME Group, Whop, Discord, Telegram, any broker or any prop firm.

We sell only to residents of the United States aged 18 or older.