The ChopFlow ATR Scalp Strategy combines a low choppiness regime filter, on-balance volume with EMA confirmation, and ATR-based exits to capture quick micro-trends on the NASDAQ-100 E-mini (MNQ).
Strategy Logic
1. Choppiness Filter:
-Calculate the Choppiness Index over 14 bars.
- Trade only when chop < 60 (trending or mildly trending market).
2. Order-Flow Confirmation:
- Compute OBV and its 10-period EMA.
- Long when OBV > OBV EMA and chop < threshold.
- Short when OBV < OBV EMA and chop < threshold.
3. ATR-Based Exit:
- Exit at a fixed multiple of ATR (stop and profit target both = 1.5 × ATR).
How to Trade It
1. Confirm time chart with MNQ , preferably1-min chart.
2. Enable only the 17:00–16:00 CME session.
3. Look for low choppiness (< 60), then wait for OBV cross.
4. Enter with one-contract size, tight 1.5× ATR stops/profits.
5. Monitor DOM for liquidity shifts around entry levels.
Strategy Logic
1. Choppiness Filter:
-Calculate the Choppiness Index over 14 bars.
- Trade only when chop < 60 (trending or mildly trending market).
2. Order-Flow Confirmation:
- Compute OBV and its 10-period EMA.
- Long when OBV > OBV EMA and chop < threshold.
- Short when OBV < OBV EMA and chop < threshold.
3. ATR-Based Exit:
- Exit at a fixed multiple of ATR (stop and profit target both = 1.5 × ATR).
How to Trade It
1. Confirm time chart with MNQ , preferably1-min chart.
2. Enable only the 17:00–16:00 CME session.
3. Look for low choppiness (< 60), then wait for OBV cross.
4. Enter with one-contract size, tight 1.5× ATR stops/profits.
5. Monitor DOM for liquidity shifts around entry levels.
Make sure to subscribe to our daily market analysis for Futures Traders at futuresplaybook.com !
-Dr. Alex Djahankhah
-Dr. Alex Djahankhah
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Make sure to subscribe to our daily market analysis for Futures Traders at futuresplaybook.com !
-Dr. Alex Djahankhah
-Dr. Alex Djahankhah
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.