When the market goes quiet, a big move is often next. Coil waits for that quiet, then rides whatever breaks out of it.
Breakout · NQ · 60m
Markets breathe. Long stretches of quiet get squeezed into a tight price range, and then something has to give. Coil watches for that squeeze on NQ, the Nasdaq 100 futures contract (a futures contract is an agreement to buy or sell the index at a set price on a set date), using 60 minute price bars. It looks for the moment volatility, meaning the size of the price swings, shrinks to a low. That is the setup. When the range finally breaks, a breakout, most of the real distance travels fast, and that expansion is what Coil is built to catch. In testing it won 69% of its trades with a profit factor of 1.82, which means $1.82 won for every $1.00 lost.
Most sessions, Coil does nothing, and that is by design. It sits out the choppy stretches and the slow drift, waiting for the market to truly coil up. When conditions line up, it acts, and only then, on the NQ 60 minute chart it was built for. The exact trigger, entry, and exit rules are not printed on this page. Those details ship with the strategy itself, inside the code you run.
Coil watches the NQ 60 minute chart session after session, tracking how narrow the price range has become. It is looking for the market to wind itself up, the quiet phase before a bigger move. It does not chase every small dip (a pullback) or minor stall.
Not every quiet stretch counts. Coil measures the squeeze against its own fixed threshold before treating it as a real setup. If the range has not tightened enough, it passes and waits for the next chance instead of forcing a trade.
Once the squeeze is confirmed and price breaks out, Coil rides the expansion, aiming to catch the bulk of the move rather than the very first tick or the very last. Entries, stops (the exit that caps a loss), and targets follow the rules built into the strategy itself.
Coil suits NQ traders who can check the 60 minute chart during the session and are comfortable waiting through quiet stretches for a breakout to develop.
| Win rate | 69% |
| Profit factor | 1.82 |
Dataset: NQ 60m, 2025–2026
Cost model: Commission $0.62/contract (futures) · 0.10%/trade (equities) · slippage 1 tick · pyramiding 0 · bar-close calc only · fixed size
Verification: Double-verified: the same rules were run independently on TradingView and in Python, and the certificate carries the record hash, a digital fingerprint that proves the record has not been altered.
A backtest means running the rules on past price data. Backtested results are historical and hypothetical, include the modeled costs above, and do not guarantee future performance.
The share of trades that made money.
Dollars won for every dollar lost. Above 1.0 means the system made money.
The worst drop from a peak before recovering.
The total result after the modeled costs.
You receive the actual strategy as code you keep for good. Every rule and every threshold lives in those files, so nothing stays hidden behind a subscription.
Coil catches the breakout out of a tight range, while Overdrive is built to catch the turn when that move runs out of steam. Together they cover both ends of the same Nasdaq futures move.