Trading Manual
A Rule-Based Price Action Framework for NQ Futures. Approximately 130 pages, delivered as a downloadable PDF.
Explore the manual · $99Research-driven trading education and analytical tools designed specifically for NQ futures traders using ORENKO bars.


Education and indicators designed to work together: understand the structure, evaluate the conditions, then make your own trading decision.
A Rule-Based Price Action Framework for NQ Futures. Approximately 130 pages, delivered as a downloadable PDF.
Explore the manual · $99Automated strong-sequence, EMA21, and pullback-bar qualification for PB-2 conditions on NQ ORENKO 40/24/70.
Explore BRStrongTrend · $299Identifies bullish and bearish failure conditions at user-defined support and resistance levels on NQ ORENKO charts.
Explore BRFailedBreakout · $249Black Raven Futures is a structure-driven price-action framework. It organizes observable market behavior into a consistent process for deciding whether PB-2, Failed Breakout, or No Trade is appropriate.
Decision hierarchy: Context → Location → Setup → Signal → Execution → Management. A later step cannot repair weak context, poor location, insufficient room, or unacceptable risk.
Strategy specification: Developed for NQ (E-mini Nasdaq-100) futures using ORENKO 40/24/70 bars on NinjaTrader 8.
First classify the environment as trending, ranging, or transitioning. Context determines which setup—if either—deserves consideration.
Evaluate prior extremes, swing points, range boundaries, breakout origins, support, resistance, and available room. Location gives a setup its meaning.
Only after context, location, and setup align does the completed signal define execution. Risk, invalidation, target, and management remain rule-based.
Black Raven Futures tests defined indicator signals and market-structure events on historical NQ ORENKO data. The results describe the tested sample only and do not guarantee future performance.
BRStrongTrend recorded 698 winners among 1,101 completed PB-2 observations. Separately, 2,545 of 3,137 completed structural corrections reached the frozen parent extreme before violating the frozen parent origin.
Review the dates, methodology, and limitationsBlack Raven Futures is an independent futures-trading education and analytical-tools brand focused on NQ futures using ORENKO bars.
The Black Raven framework has been developed through 13 years of discretionary market experience, structured price-action study, and ongoing historical testing. Its two defined setups—PB-2 trend continuation and Failed Breakout—are designed to make market evaluation more structured, consistent, and repeatable.
The tools support trader judgment rather than replace it. The trader remains responsible for market context, structural location, available room, risk, execution, and trade management.