The Weekly Gap With a Wider Reach and Slower Rhythm
The weekly version of NDOG — wider reach, slower rhythm.
Before you start: Same idea as NDOG, one timeframe higher — easiest read alongside it.
Part of the My Edge Official framework — refined through thousands of hours of chart study.
The same concept as the NDOG, just on a wider, slower rhythm — the NWOG (New Week Opening Gap) is the price gap between last week's close and the current week's open. Because it's a weekly, not a daily, reference, it stays relevant longer and influences the structure of the entire week's trading story.
- Theory
- Context
- Confirmation
- Execution
- Questions for weekly review
This is the exact same concept as NDOG (a gap between a close and an open), except it happens once a week instead of once a day — the gap between last week's close (on Friday) and the new week's open.
Because it's a weekly reference rather than a daily one, it stays relevant for longer — the whole week, not just one day — and often shapes how the week plays out.
Advanced explanation⌄
Theory
An NWOG forms when the current trading week opens at a different price than the previous week closed — a visible price gap forms between the weeks.
Premium NWOG — the current week's open is above the previous week's close. Discount NWOG — the current week's open is below the previous week's close.
Context
Before using the NWOG, assess: higher-timeframe context, draw on liquidity, market structure, session, timeframe, and nearby PD Arrays.
Confirmation
⚠️ The NWOG is a higher-timeframe reference, not a trading signal. Its importance depends on overall market context, the current draw on liquidity, and confluence with other PD Arrays. Never trade it in isolation — wait for liquidity alignment, MSS, lower-timeframe price action, and PD Array confirmation.
Execution
When executing, don't confuse the NWOG with its daily counterpart, the NDOG:
| NDOG | NWOG | |
|---|---|---|
| What it measures | Gap between yesterday's close and today's open | Gap between last week's close and this week's open |
| Typical formation timing | Every trading day, 4:59 PM–6:00 PM NY time | Once per week, at the new week's open |
| Typical use | Daily reference, tracked in clusters across recent days | Weekly reference, marked each Monday and tracked across the whole week |
Questions for weekly review
After each week, check: did price respect or reject the NWOG? Was the NWOG used as a liquidity target? Did price react on the first interaction? Did the NWOG align with higher-timeframe context? Did a Premium or Discount NWOG influence weekly price delivery?
How to Use It
In practice:
- Mark the NWOG every Monday morning as part of your weekly context preparation (see Weekly Context) — don't wait for it to become relevant only once price reaches it.
- Since it's a weekly reference, don't expect it to be delivered in a single day — track it across the entire week and reassess it at every significant liquidity delivery.
- Use the classification (Premium/Discount) as additional context for weekly bias, not as a standalone signal — always pair it with NDOG analysis and draw on liquidity.
Don't stop here — see how this fits with the rest of the framework.
Continue to Relative Equal Highs & Lows →Frequently Asked Questions
What is NWOG (New Week Opening Gap)?⌄
NWOG is the price gap between last week's close and the current week's open — the same concept as NDOG, but on a wider, slower weekly rhythm that influences the structure of the entire week.
How do I use the NWOG in weekly preparation?⌄
Mark it every Monday morning as part of weekly context, then track it across the entire week rather than expecting delivery in a single day, reassessing it at every significant liquidity event.
NWOG vs NDOG — what's the difference?⌄
NDOG resets daily and reflects the overnight session gap; NWOG resets weekly and reflects the gap between Friday's close and Sunday's open, so it stays relevant for days rather than hours.
Is a Premium or Discount NWOG a trading signal by itself?⌄
No — the classification (Premium above last week's close, Discount below) is additional weekly-bias context, never a standalone signal, and must be paired with NDOG analysis and draw on liquidity.