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Friday CRT Model

The Friday Model is an algorithmic trading strategy designed for Fridays that focuses on market retracements within the current weekly range. It emphasizes the importance of higher time frame analysis and specific tools like the 9 AM CRT formation to enhance trading accuracy. The model involves identifying key levels, plotting Fibonacci retracement levels, and executing trades based on specific market conditions.

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jawadmalek1999
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192 views17 pages

Friday CRT Model

The Friday Model is an algorithmic trading strategy designed for Fridays that focuses on market retracements within the current weekly range. It emphasizes the importance of higher time frame analysis and specific tools like the 9 AM CRT formation to enhance trading accuracy. The model involves identifying key levels, plotting Fibonacci retracement levels, and executing trades based on specific market conditions.

Uploaded by

jawadmalek1999
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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T

THE
FRIDAY CRT
MODEL
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F

The Friday Model is a day-based algorithmic


trading approach that works across all assets.

As the name implies, it is specifically designed


for use on Fridays.
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• The Friday Model emphasizes retracements into the current

weekly range, making it essential to align it with higher time

frame analysis for greater accuracy. Tools like top-down analysis,

the power three in CRT, and the 9:00 AM CRT formation play a

crucial role in enhancing its effectiveness.

• A defining feature of the Friday Model is its focus on market

pullbacks within the ongoing weekly range. This approach seeks

opportunities where price retraces into the established range,

gaining additional strength when supported by higher time frame

analysis, which adds context and confirmation.


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The Friday Model takes place on Fridays and can be


applied to any market.

It involves a retracement within the current weekly


range, which is determined by the candle’s OHLC or
OLHC.

Essentially, this range is defined by the high and low


of the week. And By understanding the power of
three and integrating it into your analysis, you can
further refine the accuracy of the Friday Model
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To apply the Friday Model, follow these steps:


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1. Begin with higher time frame analysis, such

as monthly or weekly charts, to understand

the broader market direction.

2. Identify the weekly range and key levels,

including the Range High and Range Low.


Key level

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Key level

Wait for the Thursday high or low to be purged,


then look for retracements into the weekly
range.

When price Hit the HTF draw on liquidity are


reached to the HTF key level and form high and
low of the week then…
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W

Plot Fibonacci from week low to week high and


mark 0.20% and 0.30% levels .
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W

Drop down to the 4h time frame and Watch for


the 9 AM CRT formation, a key CRT model that
offers valuable market insights into the market
dynamics.

You can also use 5 AM and 1 AM CRT, but if


you want to avoid losses on Fridays, stick only
with the 9 AM CRT.
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once the 9 AM CRT is formed, execute the trade


and target H4 CRT high/low or 50% .

but make sure to follow all the protocols of the 9


AM CRT .

If you're unsure how to trade the 9 AM CRT,


I’ve created a detailed thread and a PDF on it.
Read them thoroughly before applying it.
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EXAMPLES
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Example - 1

• The market expanded from Monday to Friday,

• moving from the range low to the range high.

• On Friday, the market reached the range high and tapped into
the order block, so we can expect a little retracement.
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• on the H4 timeframe, we need to wait for the 9 AM CRT.

• Here, the market created the 9 AM CRT inside the daily order
block.

• Now, we need to go to the 15-minute chart and enter using


Model #1 or TS.
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• Now, you need to enter on the 15-minute chart using TS when


the CRT high is purged or if Model #1 Formed .

• The target is either 50% of the H4 CRT or the opposing end


of the H4 CRT.
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Example - 2

• In this example, the market expanded sell side for the entire week and
targeted the old low.

• When the market purged the old low, I was expecting it to take some
rejection from this level.

• Now we want to look for 0.30% of weekly range .


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• On the H4 timeframe, we wanna looking for the 9 AM CRT.

• The market formed the 1 AM CRT at a key level, but as I said before, we
want to wait for the 9 AM CRT.

• Here, the market has formed the 9 AM CRT.


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• Now, on the 15-minute chart, you need only Model #1 to


enter the trade.

• The target is either 50% of the H4 CRT or the opposing


end of the H4 CRT.

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