NQ → NAS100

The NQ → NAS100 Converter is a practical utility designed for traders who trade both the Nasdaq futures (NQ) and Nasdaq CFD (NAS100) markets.
It calculates and displays the converted stop-loss distance and price level on the NAS100 chart, based on a chosen number of NQ points.

This helps traders align their risk and position management between futures and CFD markets with precision.

🧮 Core Features:

Real-time conversion between NQ (CME) and NAS100 (OANDA) prices.

Automatic stop calculation for both Long and Short trade setups.

Optional display of NQ price, NAS price, and converted stop price.

Flexible visualization modes:

Candle-attached label that moves with price.

Chart-fixed panel for a clean dashboard-style view.

Full customization of colors, text size, alignment, and display position.

⚙️ How It Works:

Enter your NQ stop distance (in points).

The script converts that distance into the equivalent NAS100 distance, using the current NQ/NAS ratio.

The final converted NAS100 stop price is automatically displayed.

⚠️ Important Note:

This script does not place or execute trades.
It is designed solely for analysis and educational use to assist with risk management and cross-market price mapping.
Always confirm levels independently before trading.

📊 Recommended For:

Traders managing correlated exposure between NQ Futures and NAS100 CFDs.

Prop firm traders using NAS100 as a futures-correlated proxy.

Anyone seeking a clear, visual way to match stop distances across the two markets.