Session Range Sweeps with Reversal, Structure, and Gap Entries

Summary

This day-trading strategy builds ranges during configurable London and New York sessions, then watches for price to sweep a range boundary. It offers several post-sweep confirmations: a three-candle reversal, a close through a recent swing level (CHoCH), an inversion fair-value gap, or any of these. If one candle sweeps both sides, the user can ignore that ambiguous signal or use candle direction, acknowledging that OHLC bars cannot establish which boundary was hit first.

Risk and trade handling are configurable. Stops can use the sweep extreme, an ATR distance, or fixed points; targets can use the opposite range boundary, a risk multiple, or a fixed distance, with an optional minimum reward-to-risk filter. The strategy also controls trade frequency, position replacement, and a timed forced close. The supplied material describes rules and backtest plumbing but shows no performance results, so it does not establish profitability. Session timing, chart resolution, fill assumptions, and instrument behavior may affect outcomes.

Key ideas

• The strategy defines intraday ranges from configurable London and New York time windows.
• It requires a range-boundary sweep followed by a selected reversal or structure confirmation.
• Stop placement and profit targets can be chosen from several rule-based methods.
• Trade frequency and forced-close settings constrain how signals become positions.
• The document provides no performance evidence, and bar data cannot resolve the order of a same-bar double sweep.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.