Entry model · v1.0

SNAKE — Sweep & Return to Open

Power of Three inside a single candle: when the current candle raids the previous candle’s high or low early — inside the first third of its duration — price tends to snap back to the current candle’s OPEN. The open is the statistical target; anything beyond it must be funded by higher-timeframe order flow.

  • ASIA
  • LONDON
  • MIN R:R 2:1
  • RISK 0.5%

Required

Every box checks or there is no trade

  • HTF bias set — order flow supports the snap-back to the open
  • Previous candle’s high and low marked before the new candle opens
  • Current candle’s OPEN marked — that level is the magnet
  • Sweep lands in the FIRST THIRD of the candle’s duration — late raids degrade the odds
  • Sweep taps a meaningful PD Array (OB, FVG, breaker, inversion, old open)
  • LTF confirmation before entry (CSD, MSS, FVG, compression) — a sweep alone is not a trade
  • Stop beyond the swept extreme plus a margin — never exactly at the high/low
  • First target = the current candle’s open; take partials there

Optional confluence

Not mandatory — each one adds weight

  • Extended targets (prev 50%, opposite side, weak highs/lows) only with HTF order flow behind them
  • Previous candle closed against the raid (bearish candle, high swept) — more travel to the open

Warnings

If one of these fires, stand down

  • Price expands one way from the open through HTF levels, no displacement back — there is no setup
  • High-impact news due around the sweep window — stand down
  • Double sweep of the same extreme — expect it, margin the stop, one re-entry max

This checklist ships inside the workstation: the Decision Cockpit scores every rule against the live chart and holds the plan at “needs confirmation” until the required boxes check. Where the model is automated, the backtester replays the same rules over years of history — no lookahead, stop-first fills.

Run this model on live data

SNAKE — Sweep & Return to Open is loaded in the playbook. Free in open beta — no account.

Open the chart →

Discipline

The model is half the trade.

No revenge trading

After a stop-out, the next trade must qualify on its own merits. If you feel the urge to "get it back", the session is over — close the platform.

Journal every trade

Screenshot, model, checklist state, emotion, result in R. The journal is where your edge is actually built — the charts just express it.

Trade the windows, not the noise

Most displacement happens in the kill zones. Trading dead hours means giving spread and chop your edge back.

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Risk disclosure: trading foreign exchange, futures, stocks and crypto involves substantial risk of loss and is not suitable for every investor. SniperCharts is analysis software — it does not execute trades, hold funds, or give financial advice. Past detections and backtest results do not guarantee future performance.

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