Prior Period Levels strategyvsSMC CHoCH + FVG entries strategy
Prior Period Levels strategy: PDH / PDL breakouts — long above the prior day high, short below the prior day low. · SMC CHoCH + FVG entries strategy: Market Structure says which way, the first Fair Value Gap in that direction says go now.
Prior Period Levels strategy
PDH / PDL breakouts — long above the prior day high, short below the prior day low.
SMC CHoCH + FVG entries strategy
Market Structure says which way, the first Fair Value Gap in that direction says go now.
Indicators
- Prior Period Levels (daily / weekly / monthly)
- SMA(1) close wrapper
- Market Structure (swing 20)
- Fair Value Gap (min gap 0.1%)
Timeframes
Bias
Long & short
Long & short
Market fit
Strong directional trends
Range-bound
Entry rules
- Long when close crosses above the prior day's high.
- Short when close crosses below the prior day's low.
- Long on a bullish FVG while market structure is in a +1 (bullish) regime.
- Short on a bearish FVG while market structure is in a -1 (bearish) regime.
Exit rules
- Opposite-side breakout closes the trade.
- 4% trailing stop, 2-bar cooldown.
- Regime flip through zero in either direction closes the trade.
- 5% trailing stop, 5-bar cooldown.
Expected behavior
Intraday classic — fires on the first decisive break of yesterday's range. Strong in trend days, choppy when price oscillates around the PDH/PDL.
Picky — both legs must agree. Long flat stretches followed by clusters of trades when a regime turns and FVGs print along the way. Stacks well in directional markets, sits out balanced ranges.
Complexity
Which one is right for you?
Derived from the bias, timeframe and indicator profile of each strategy — not a back-test forecast.
When to pick Prior Period Levels strategy
- You expect strong directional trends — the thesis is "PDH / PDL breakouts — long above the prior day high, short below the prior day low."
- You want a long & short bot on 15m–4h candles with a balanced rule-set.
- You're comfortable monitoring 2 indicators (Prior Period Levels (daily / weekly / monthly), SMA(1) close wrapper).
PDH / PDL breakouts — long above the prior day high, short below the prior day low.
When to pick SMC CHoCH + FVG entries strategy
- You expect range-bound — the thesis is "Market Structure says which way, the first Fair Value Gap in that direction says go now."
- You want a long & short bot on 15m–4h candles with a balanced rule-set.
- You're comfortable monitoring 2 indicators (Market Structure (swing 20), Fair Value Gap (min gap 0.1%)).
Market Structure says which way, the first Fair Value Gap in that direction says go now.
Prior Period Levels strategy
PDH / PDL breakouts — long above the prior day high, short below the prior day low.
SMC CHoCH + FVG entries strategy
Market Structure says which way, the first Fair Value Gap in that direction says go now.
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