Opening Sweep Strategy – ENG FINAL Public version

📘 Opening Sweep Strategy

Overview
The Opening Sweep Strategy is a momentum-based trading approach designed to exploit liquidity sweeps during the key opening ranges of the New York and Asian sessions. It identifies price manipulation patterns—commonly referred to as “sweeps”—that are typically followed by strong directional moves.

This strategy is suitable for forex, indices, and crypto markets and works on lower to mid timeframes (e.g., 5m, 15m, 30m).

🎯 Core Concept
This strategy is based on the idea that institutional players often sweep liquidity (i.e., induce stop hunts or fakeouts) near key session opens, such as:

New York Opening (08:30–09:30 EST)

Asia Session (00:00–08:00 UTC)

After sweeping the highs or lows from the opening range, the market often reverses sharply in the opposite direction, which this strategy aims to capture.

⚙️ Key Components
Opening Range Calculation: Dynamic high/low calculation for the defined session.

Liquidity Sweep Detection: Identifies breakouts of the opening range followed by price rejection.

Risk Management: Custom risk per day with stop loss, take profit, and risk/reward ratio per weekday.

Williams %R Filter: Optional oversold/overbought filter by weekday.

EMA Trend Filter: Optional trend confirmation using 200 EMA.

Sweep Frequency Limits: Prevents overtrading by setting maximum signals per day and required time gap between sweeps.

✅ When a Trade is Triggered
A trade will be placed if the following criteria are met:

Price breaks the high/low of the opening range and

A reversal candle forms (bullish for long, bearish for short) and

Trend/volume/Williams %R filters (if enabled) confirm the direction and

The signal respects your risk and time-of-day configurations

📈 How to Use
Apply the strategy on a lower timeframe.

Select the desired session mode:

"NY Open" – trades post-US open

"Asia Sweep" – trades London open after Asia session

Configure your timezone for correct session timing.

Adjust your risk parameters for each weekday.

Enable/disable optional filters (Williams %R, EMA trend, volume) as desired.

Monitor strategy performance and adjust CRV (risk-reward ratio), max signals, and SL buffers.

🔒 Notes
Strategy supports directional control (Long only / Short only / Both).

Optimized for manual review or automation.

Ideal for liquidity-based or smart money traders.

Contact me for the ideal settings.