What Is Sire-SchoolFishing?
Sire-SchoolFishing is a multi-strategy indicator built around three proven trading methodologies from Tom Hougaard's price-action playbook. Each module operates independently but they're designed to complement each other.
The indicator is designed for index futures traders who trade the NY cash session (09:30 – 16:00 ET). It works best on 5-minute or 15-minute charts.
The Three Modules
Each module serves a specific purpose. You can enable or disable any of them independently in the settings.
A 9 EMA (fast, orange) and 20 EMA (slow, blue) define the directional bias.
Fast above Slow = Bullish
Fast below Slow = Bearish
Brackets the highest high and lowest low of the first 30 minutes at RTH open (09:30 – 10:00 ET).
Breakout = Trend day
Breakdown = Reversal
Inside = Range day
Mean reversion signals that catch liquidity grabs — when price dips below a swing low then snaps back.
▲ Triangle = Buy
▼ Triangle = Sell
How Each Module Works
How to Use Sire-SchoolFishing
Step 1 — Check the EMA bias. Note whether the 9 EMA is above or below the 20 EMA.
Step 2 — Wait for the School Run. At 09:30 ET, the indicator begins tracking the opening range. After 30 minutes (10:00 ET), the bracket lines are set.
Step 3 — Read the day type. Breakout above = trend day. Breakdown below = trend day short. Bouncing off edges = range day.
Step 4 — Watch for Fishing signals. In range days, Fishing signals are high-conviction. Best when EMA bias aligns.
Step 5 — Use the dashboard. Glance at EMA bias, School Run levels, and Fishing status before every trade.
When It Works Best
5-minute or 15-minute chart
Index futures — MNQ, MES, ES, NQ
Range days — Fishing signals most reliable
Trend days — School Run confirms direction early
Low volume days — holidays, half-days
1-minute chart — too noisy
Fighting the EMA — don't take buys when EMAs are falling
Default Parameters
| Parameter | Default | Description |
|---|---|---|
| Fast EMA Length | 9 | Short-term trend momentum |
| Slow EMA Length | 20 | Intermediate trend direction |
| Fast EMA Color | Orange | 9 EMA line color |
| Slow EMA Color | Blue | 20 EMA line color |
| RTH Session Time | 0930-1600 | New York cash session |
| Exchange Timezone | America/New_York | Timezone for session detection |
| Bracket Color | Gold | School Run bracket line color |
| Bracket Width | 2 | School Run bracket line thickness |
| Swing Lookback | 20 | Bars back for Fishing stop-run detection |
| Buy Signal Color | Green | Fishing buy triangle color |
| Sell Signal Color | Red | Fishing sell triangle color |
| Dashboard Position | Bottom Right | Where the status table appears |