Micro Bitcoin · 5-minute · prior New York low sweep & reclaim
MBT · MBTV6 · Oct '26
S131 5M looks for a sweep of the prior New York session low and a reclaim close back above it. If that setup is already used for the day, it can take a related opening-range low reclaim. It is sized at one Micro Bitcoin contract. Lab history on a recent window showed about +13% with a ~63% win rate.
Paper. Not a live-funded product. One Micro Bitcoin, 5-minute. A fill lands here only when the alert is tagged S131. BTCUSD correlation 5M is a separate sleeve and is not included.
How it works
Track yesterday’s New York session low (9:30 a.m.–4:00 p.m. ET).
If price trades below that low, then a 5-minute bar closes back above it within 20 bars of the first sweep, buy 1 contract.
If that prior setup has not already fired today, a backup uses the opening range: the first 3 five-minute bars after 9:30 ET. Sweep the opening-range low, then close back above it inside a short window, and buy 1.
Risk is capped with a structural stop under the swept level, an ATR stop, a hard point cap, a $50 open-loss kill, and a 12-bar time stop (about an hour).
Profit targets scale with risk: 1.75× on prior-low entries, 2.5× on opening-range entries.
ParametersShowHide
OR bars after 9:30 ET
3
OR reclaim window
24 bars
Prior reclaim freshness
20 bars after first sweep
ATR length / mult
14 / 1.5
Stop cap
250 points below fill
Structure pad
10 points under level
TP (Prior / OR)
1.75R / 2.5R
Max hold
12 bars
Max open loss
$50
Qty
1 contract
Lab code
S131
Historical lab
Lab result on TradingView Essential history. The same window was used while refining parameters. Treat it as illustrative, not a guarantee. Forward paper results are the real check.
Window
Aug 21, 2026 – Sep 29, 2026
Net profit
+$652.64 (+13.05%)
Win rate
62.79% (27 / 43)
Profit factor
2.474
Max drawdown
~$120 (~2.1%)
Buy & hold (same window)
~+$440 (+8.81%)
Trades
43
Paper forward results
Pending first fill
First paper day
2026-09-30 (planned)
Venue
IBKR paper (TWS) via TradingView alert
Closed trades
0
Net P&L $
—
Net P&L %
—
Win rate
—
Profit factor
—
Max DD (paper)
—
vs lab (+13.05%)
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Last updated
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The Oct 7 9:25 AM and Oct 8 8:15 AM sells were tagged S131 but closed the whole Micro Bitcoin position, including a BTCUSD contract, before per-strategy flats on Oct 8 at 8:58 AM PT. One contract of each stays here. The other is on the BTCUSD card.