Steely ELITE Suite · Opening Range Momentum

ORMomentumEdge

Elite 1-Minute Opening Range Momentum System
ORMomentumEdge is built around the 1-minute timeframe to capture the structure of the New York open bar-by-bar. It combines a session-anchored VWAP with statistical deviation bands, a multi-factor session bias engine, and a tiered signal scoring system that updates live on each price change — delivering a comprehensive opening range momentum read in a single indicator.
Core Modules
  • Session-Anchored VWAP with Statistical Bands — resets each session open; deviation bands provide dynamic reference levels
  • Session Bias Engine — multi-factor classification of the session's directional tendency across a range of states
  • Tiered Signal Scoring — conditions scored and updated live on each price change, not bar close
  • Cumulative Session Delta — directional pressure tracker from session open
  • Pre-Open Range Tracking — pre-market consolidation levels carry into RTH
  • Exhaustion Pattern Detection — early warning for momentum deterioration
  • Structural Pattern Recognition — annotates significant intraday structural conditions
IndicatorBridge Integration
  • Shares session bias state with AlphaFlowNQ for cross-indicator scoring
  • Active signal context made available to suite strategies
  • Reads AlphaFlowNQ Prime Setup state from the bridge
Specifications
PlatformNinjaTrader 8
InstrumentsNQ, MNQ, ES, MES (auto-detected)
Primary Timeframe1-min
Calculate ModeOnPriceChange (intrabar)
SuiteSteely ELITE
How Traders Use It The session bias classification is the most impactful output — it changes how every other signal on the chart should be weighted. A strong directional bias early in the session raises the probability of continuation setups and reduces the case for counter-trend fades. Monitor bias state throughout the morning and use it to filter signals from the rest of the suite.
For training and educational purposes only. ORMomentumEdge does not constitute investment advice or a recommendation to buy or sell any instrument.