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
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Make sure to subscribe to our daily market analysis for Futures Traders at futuresplaybook.com !
-Dr. Alex Djahankhah
-Dr. Alex Djahankhah
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.