Last updated: September 30, 2026

Backtest Nasdaq Futures (NQ) for Free

NQ (Nasdaq 100 E-mini) is on the TestMax free plan with the latest two months of data. Replay real historical bars, practice simulated orders, and review your results with drawing tools, analytics, and a trade journal. Pro adds full available history.

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NQ Contract Specifications

TestMax uses accurate CME Nasdaq 100 E-mini contract specs for realistic backtesting and P&L calculation.

NQNasdaq 100 E-mini (CME)
NQ contract specifications
Tick Size0.25
Multiplier$20
Tick Value$5.00
NQ is on the Free plan, with the latest two months of data

NQ market facts

NQ moved an average of 519.46 points per session from Jul 1, 2026 – Sep 30, 2026, about 2,078 ticks or $10,389 per contract. The busiest hour was 08:00–09:00 Chicago time.

NQ session statistics, Jul 1, 2026 – Sep 30, 2026
Average daily range519.46 points
Per contract2,078 ticks · $10,389
Largest session1,212.5 points on Jul 30, 2026
Busiest hours (Chicago time)08:00–09:00, 09:00–10:00, 10:00–11:00
Sessions counted58
NQ average session range by weekday, Jul 1, 2026 – Sep 30, 2026
WeekdayAverage range (points)
Mon456.66
Tue577.7
Wed495.46
Thu634.69
Fri432.42

Source: TestMax replay data, Jul 1, 2026 – Sep 30, 2026 (58 full sessions, each starting at 17:00 Chicago time). Computed Oct 2, 2026. Past ranges do not predict future ranges.

Why Backtest Nasdaq Futures?

NQ is the most popular futures contract among day traders for good reason. Here's why backtesting it on TestMax accelerates your learning.

Highest Volatility of Any Major Index Future

NQ often moves several hundred points in a session, which creates large intraday opportunities. Backtesting lets you practice managing risk on these large swings with nothing at stake. Replay volatile sessions to build the confidence you need before it counts.

Tech-Driven Momentum

The Nasdaq 100 is dominated by mega-cap tech stocks like Apple, Microsoft, Nvidia, and Meta. Earnings releases, AI news, and sector rotations create predictable momentum patterns. Backtest NQ around earnings dates to develop repeatable setups.

Large Intraday Moves for Scalpers

NQ is the preferred instrument for day traders and scalpers because of its wide intraday range and consistent directional moves. Practice catching 20-50 point scalps on 1-minute charts with real historical data at adjustable replay speeds.

Built for Rule-Based Practice

NQ is a popular instrument for evaluation challenges. Practice challenge rules on real NQ data with Challenge Mode on Pro -- trailing drawdown, daily loss limits, and profit targets enforced automatically.

How to Backtest NQ Futures on TestMax

Start replaying NQ futures in your browser. No download and no credit card required.

1

Create a Free TestMax Account

Sign up with your email or Google account. NQ is on the free plan with the latest two months of data. No credit card required.

2

Select NQ as Your Instrument

Open the session configurator and choose NQ (Nasdaq 100 E-mini). TestMax automatically applies the correct tick size (0.25), multiplier ($20), and tick value ($5.00).

3

Choose a Date and Timeframe

Pick a date in your plan's window (the latest two months on Free, full available history on Pro) and your preferred chart timeframe — presets run from 1-minute to daily on every plan, and Pro adds seconds and custom charts such as 3m where the stored data permits. For NQ scalping, try 1m on high-volatility days like FOMC or CPI releases.

4

Trade Candle-by-Candle

Press play to begin the replay. Real historical OHLCV data builds the chart one candle at a time. Place market, limit, stop, or stop-limit orders as price unfolds. Speed up to 50x or slow down to 1x for precision.

5

Analyze Your NQ Performance

After your session, review win rate, profit factor, Sharpe ratio, max drawdown, equity curve, and calendar heatmap. Tag your best setups in the trade journal for future reference.

Nasdaq Futures Backtesting FAQ

How do I backtest NQ futures on TestMax?

Create a free account, select NQ in Session Setup, then pick an available date and supported timeframe. Replay the historical candles, place simulated orders, and review your trades and analytics. Free covers the latest two months of NQ data; Pro unlocks full available history.

Does TestMax support NQ backtesting?

Yes. NQ (Nasdaq 100 E-mini) is on the TestMax free plan with the latest two months of data. Replay real historical bars, practice simulated orders, and review your results with drawing tools, analytics, and a trade journal. Pro adds full available history.

Is NQ included in the TestMax free plan?

Yes. Free includes the latest two months of NQ data, with all order types, drawing tools, the trade journal, and analytics. MNQ requires Pro. Pro also unlocks full available NQ history.

What timeframes can I use for NQ backtesting?

NQ currently has 5-second stored data. Every plan gets minute-to-daily presets; Pro adds seconds intervals from 5 seconds upward and compatible custom and calendar timeframes. The picker shows which intervals fit the available data.

Can I practice NQ evaluation challenges on TestMax?

Yes. TestMax Pro ($14.99/mo) includes a Challenge Mode that simulates real evaluation rules on NQ data -- with trailing drawdown (EOD or real-time), static drawdown, daily loss limits, profit targets, consistency rules, and trading hour restrictions.

How fast can I replay NQ futures sessions?

TestMax supports replay speeds from 1x to 50x. At 50x speed, you can replay an entire 6.5-hour NQ trading session in under 8 minutes. This lets you practice dozens of sessions in a single evening and rapidly build pattern recognition.

What is NQ futures?

NQ (E-mini Nasdaq 100) is a futures contract that tracks the Nasdaq 100 index, which includes 100 of the largest non-financial companies listed on the Nasdaq stock exchange. It is one of the most actively traded futures contracts in the world, favored by day traders for its volatility and liquidity. One NQ contract has a point value of $20, with each tick (0.25 points) worth $5.00, and it trades nearly 23 hours a day (Sunday 5 PM to Friday 4 PM CT).

What is the tick value for NQ futures?

Each NQ tick is worth $5.00. The minimum tick size is 0.25 index points, and one full index point equals $20.00. For example, if NQ moves from 18,000.00 to 18,010.00, that 10-point move represents a $200 gain or loss per contract. Understanding tick value is essential for position sizing and risk management.

What is the best time to trade NQ futures?

The highest-volume period for NQ is the US cash session from 8:30 AM to 3:00 PM CT, with the opening 90 minutes (8:30-10:00 AM CT) offering the tightest spreads and strongest momentum. Many day traders also watch the 30 minutes before the open for pre-market setups. Overnight sessions have wider spreads and lower volume.

Nasdaq 100 CFD (USATECHIDXUSD)

TestMax also replays the Nasdaq 100 as a CFD, USATECHIDXUSD, often called NAS100 or US100. A CFD follows the index price but is not a futures contract, so the NQ contract values above do not apply to it.

USATECHIDXUSD is on the Free plan, with the latest two months of data

USATECHIDXUSD market facts

USATECHIDXUSD moved an average of 657.155 points per session from Jul 1, 2026 – Sep 30, 2026. The busiest hour was 09:00–10:00 New York time.

USATECHIDXUSD session statistics, Jul 1, 2026 – Sep 30, 2026
Average daily range657.155 points
Largest session1,129.345 points on Jul 30, 2026
Busiest hours (New York time)09:00–10:00, 10:00–11:00, 11:00–12:00
Sessions counted28
USATECHIDXUSD average session range by weekday, Jul 1, 2026 – Sep 30, 2026
WeekdayAverage range (points)
Mon597.673
Tue755.081
Wed622.055
Thu783.326
Fri534.047

Source: TestMax replay data, Jul 1, 2026 – Sep 30, 2026 (28 full sessions, each starting at 17:00 New York time). Computed Oct 2, 2026. Past ranges do not predict future ranges.

Start Backtesting NQ for Free

Create a free account and replay the latest two months of real Nasdaq 100 E-mini data. No credit card required.

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