Futures markets pause trading for an hour every day. The gap between the 5:00 PM close and the 6:00 PM reopen is a real, untraded price zone — the new day opening gap.
Prior session
Price trades normally into the close.
SESSION5:00 PM6:00 PMDISPLACERETEST
Alternates bullish / bearish automatically
It doesn't always look like this
NDOG vs. NWOG — NDOG is the daily 5–6 PM break, Monday through Thursday. The Friday-close-to-Sunday-open version is a separate concept: the New Week Opening Gap (NWOG).
Marked on the daily or 4H chart — not something you see forming candle by candle intraday; it's read off the close and open prices directly.
Doesn't need a 3-candle pattern — unlike an FVG, NDOG is just two prices: yesterday's 5 PM close and today's 6 PM open. No wick rules involved.
Can go unfilled for days — especially in a strong trend, price doesn't have to return to it soon, or at all.