CHTrades SCALPING MODEL

Inrto

The origins of this model were derived from me stumbling Across a few scalping models
from Ap trades and OutOfOptions (all credit goes to them for opening my eyes to small time
frame scalping) . I found with my adjustments and settings it gave the model more structure
and there fore helped the win rate be more consistent as you are only allowed to trade when
certain things line up. This model has been forward tested live around 70-85% win rate when
traded with correct discipline.

***THIS MODEL IS NOT MECHANICAL** although there are rule sets these are merely
guidelines to help get the right idea on how the strategy works. Sometimes I take trades
when all the rules are not 100% hit as I have good conviction in the setup.

All in one CHTrades indicator - ( add to favourites)

https://www.tradingview.com/script/Pq5Asz4p-CHTrades-scalping/

Individual indicators

3sma

Single SMA x 2 one at 50 and one at 7

1st
2nd

Multi time frame trend

Once you have the Multi time frame trend table, it should appear
on your chart like the below, to move it change the position in
the settings tab on the indicator

Ideally only take trades when the rst 3 are in line with the trend.
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Trade rules/guidelines
• Only enter trades when all 5 sma indicators are in line with each other in a strong
trend. ( see example below)

See how each Moving average is lined up in a row indicating there is a very
strong trend – perfect trade conditions

• Never enter when there is a cross of SMA’s

• Only trade between 6.30am GMT – 8PM GMT UK time
• Avoid entering 20 min before or after ref folder news and New York open time as
market is too volatile for 30s/1m time frames.
• Only enter trade when the rst 3 time frames on your multi time frame table are
pointing in the same direction as the trend.
• Try and avoid trading when high time frame Liquidity is hit, it causes chop and this
model is not good in choppy conditions.

The Model
• Wait for a strong trend making higher highs and higher lows with the SMA’s all lined
up and multi time frame trend table to be showing the same direction.
• Then we need to see a MSS in the same direction as the trend in a leg.
• Once we have MSS we need a FVG to form showing momentum in that direction.
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 • Draw your GANN box or b tool (settings below) and wait for price to touch the blue
lines
• Set a limit order on the blue lines and wait to be triggered into the trade.
• Aim for a xed 1:1 6 point stop and 6 point take pro t.

Settings for GANN box for your limit orders;

Fibonacci use .382 and .618

• If you are buying, set the limit order to the top light blue line to hit. If you are
selling set the sell limit to the bottom blue line mark.
• Try to only take trades that hit the ll within 2-3 candles of the fvg forming.
The more candles the less probably the outcome

SETUP EXAMPLES BELOW - ALL THESE MUST BE HIT TO ENTER

Buy example ;

SMA’S stacking in the same direction.

Clean MSS formed

Left behind FVG

GANN box drawn on fvg and limit set

Tagged in xed 6 TP 6SL target

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 SELL example

SMA’S stacking in the same direction.

Clean MSS formed

Left behind FVG

GANN box drawn on fvg and limit set

Tagged in xed 6 TP 6SL target

Other Nuances/Re nements.

The best trading conditions for this model are when the trend is very heavy.
Even though you will sometimes see the a new trend happening and SMA’s
line and multi time frame table correct, this is still a B grade setup in my
opinion because the trend is still very new. Although valid and will work the
majority of the time, I prefer to take the setups in a good strong trend so I
have the best chances of winning.

Also if I have enough conviction, if there is a heavy trend upwards with 2 fvgs
after another I don’t mind taking the highest fvg ( only in heavy trending
markets) otherwise if the trend is not so strong, I will try and wait for the rst
fvg to form to be hit as it is safer.

Another thing to keep in mind is I tend to stay away from trading when there
is very high volumes. For example around 9.30NY time, or end of day or
around news events, purely because the candles are too big for the 6 point
stop loss and you risk getting wicked out by massive candles that form.

Summary

Take some time, practice seeing these on your chart. Eventually you’ll see
them form. Strong trend, fvg created, wait for pull back to gann line and then
set your limit and you're in. After a while you will only use my call outs for
con rmation of your own trades. This is the best way you will learn.

If you have any further questions please message me on twitter

https://twitter.com/CHTrades_
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