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Sniper Trade Pro (ES 15-Min) - Topstep Optimized
🔹 Overview
Sniper Trade Pro is an advanced algorithmic trading strategy designed specifically for E-mini S&P 500 (ES) Futures on the 15-minute timeframe. This strategy is optimized for Topstep 50K evaluations, incorporating strict risk management to comply with their max $1,000 daily loss limit while maintaining a high probability of success.
It uses a multi-confirmation approach, integrating:
✅ Money Flow Divergence (MFD) → To track liquidity imbalances and institutional accumulation/distribution.
✅ Trend Confirmation (EMA + VWAP) → To identify strong trend direction and avoid choppy markets.
✅ ADX Strength Filter → To ensure entries only occur in trending conditions, avoiding weak setups.
✅ Break-Even & Dynamic Stop-Losses → To reduce drawdowns and protect profits dynamically.
This script automatically generates Buy and Sell signals and provides built-in risk management for automated trading execution through TradingView Webhooks.
🔹 How Does This Strategy Work?
📌 1. Trend Confirmation (EMA + VWAP)
The strategy uses:
✔ 9-EMA & 21-EMA: Fast-moving averages to detect short-term momentum.
✔ VWAP (Volume-Weighted Average Price): Ensures trades align with institutional volume flow.
How it works:
Bullish Condition: 9-EMA above 21-EMA AND price above VWAP → Confirms buy trend.
Bearish Condition: 9-EMA below 21-EMA AND price below VWAP → Confirms sell trend.
📌 2. Liquidity & Money Flow Divergence (MFD)
This indicator measures liquidity shifts by tracking momentum changes in price and volume.
✔ MFD Calculation:
Uses Exponential Moving Average (EMA) of Momentum (MOM) to detect changes in buying/selling pressure.
If MFD is above its moving average, it signals liquidity inflows → bullish strength.
If MFD is below its moving average, it signals liquidity outflows → bearish weakness.
Why is this important?
Detects when Smart Money is accumulating or distributing before major moves.
Filters out false breakouts by confirming momentum strength before entry.
📌 3. Trade Entry Triggers (Candlestick Patterns & ADX Filter)
To avoid random entries, the strategy waits for specific candlestick confirmations with ADX trend strength:
✔ Bullish Entry (Buy Signal) → Requires:
Bullish Engulfing Candle (Reversal confirmation)
ADX > 20 (Ensures strong trending conditions)
MFD above its moving average (Liquidity inflows)
9-EMA > 21-EMA & price above VWAP (Trend confirmation)
✔ Bearish Entry (Sell Signal) → Requires:
Bearish Engulfing Candle (Reversal confirmation)
ADX > 20 (Ensures strong trending conditions)
MFD below its moving average (Liquidity outflows)
9-EMA < 21-EMA & price below VWAP (Trend confirmation)
📌 4. Risk Management & Profit Protection
This strategy is built with strict risk management to maintain low drawdowns and maximize profits:
✔ Dynamic Position Sizing → Automatically adjusts trade size to risk a fixed $400 per trade.
✔ Adaptive Stop-Losses → Uses ATR-based stop-loss (0.8x ATR) to adapt to market volatility.
✔ Take-Profit Targets → Fixed at 2x ATR for a Risk:Reward ratio of 2:1.
✔ Break-Even Protection → Moves stop-loss to entry once price moves 1x ATR in profit, locking in gains.
✔ Max Daily Loss Limit (-$1,000) → Stops trading if total losses exceed $1,000, complying with Topstep rules.
Sniper Trade Pro is an advanced algorithmic trading strategy designed specifically for E-mini S&P 500 (ES) Futures on the 15-minute timeframe. This strategy is optimized for Topstep 50K evaluations, incorporating strict risk management to comply with their max $1,000 daily loss limit while maintaining a high probability of success.
It uses a multi-confirmation approach, integrating:
✅ Money Flow Divergence (MFD) → To track liquidity imbalances and institutional accumulation/distribution.
✅ Trend Confirmation (EMA + VWAP) → To identify strong trend direction and avoid choppy markets.
✅ ADX Strength Filter → To ensure entries only occur in trending conditions, avoiding weak setups.
✅ Break-Even & Dynamic Stop-Losses → To reduce drawdowns and protect profits dynamically.
This script automatically generates Buy and Sell signals and provides built-in risk management for automated trading execution through TradingView Webhooks.
🔹 How Does This Strategy Work?
📌 1. Trend Confirmation (EMA + VWAP)
The strategy uses:
✔ 9-EMA & 21-EMA: Fast-moving averages to detect short-term momentum.
✔ VWAP (Volume-Weighted Average Price): Ensures trades align with institutional volume flow.
How it works:
Bullish Condition: 9-EMA above 21-EMA AND price above VWAP → Confirms buy trend.
Bearish Condition: 9-EMA below 21-EMA AND price below VWAP → Confirms sell trend.
📌 2. Liquidity & Money Flow Divergence (MFD)
This indicator measures liquidity shifts by tracking momentum changes in price and volume.
✔ MFD Calculation:
Uses Exponential Moving Average (EMA) of Momentum (MOM) to detect changes in buying/selling pressure.
If MFD is above its moving average, it signals liquidity inflows → bullish strength.
If MFD is below its moving average, it signals liquidity outflows → bearish weakness.
Why is this important?
Detects when Smart Money is accumulating or distributing before major moves.
Filters out false breakouts by confirming momentum strength before entry.
📌 3. Trade Entry Triggers (Candlestick Patterns & ADX Filter)
To avoid random entries, the strategy waits for specific candlestick confirmations with ADX trend strength:
✔ Bullish Entry (Buy Signal) → Requires:
Bullish Engulfing Candle (Reversal confirmation)
ADX > 20 (Ensures strong trending conditions)
MFD above its moving average (Liquidity inflows)
9-EMA > 21-EMA & price above VWAP (Trend confirmation)
✔ Bearish Entry (Sell Signal) → Requires:
Bearish Engulfing Candle (Reversal confirmation)
ADX > 20 (Ensures strong trending conditions)
MFD below its moving average (Liquidity outflows)
9-EMA < 21-EMA & price below VWAP (Trend confirmation)
📌 4. Risk Management & Profit Protection
This strategy is built with strict risk management to maintain low drawdowns and maximize profits:
✔ Dynamic Position Sizing → Automatically adjusts trade size to risk a fixed $400 per trade.
✔ Adaptive Stop-Losses → Uses ATR-based stop-loss (0.8x ATR) to adapt to market volatility.
✔ Take-Profit Targets → Fixed at 2x ATR for a Risk:Reward ratio of 2:1.
✔ Break-Even Protection → Moves stop-loss to entry once price moves 1x ATR in profit, locking in gains.
✔ Max Daily Loss Limit (-$1,000) → Stops trading if total losses exceed $1,000, complying with Topstep rules.
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