First Candle Value, Volume Profile Strategy

Trade false and confirmed breakouts using the First Candle Value, Volume Profile strategy. It defines an opening range and value area for 15-min and 5-min chart

Published · Updated · Methodology: Technical Indicators

  • Methodology: Technical Indicators
  • Content type: strategy
  • Timeframes: 15-minute candle (for opening range), 5-minute (for volume profile calculation)
  • Markets: Not specified (implied for any market with volume data)

Indicators used

  • Volume Profile

Source video

Decoded from: One strategy that took my trading account from four to six figures and exactly how to trade it. by Jesse Rogers | Casper Trading — watch the original

Key timestamps:

  • 0:00 - Introduction and strategy name
  • 0:08 - Marking the first 15-minute candle
  • 0:12 - Drawing volume profile over first 5 minutes
  • 0:17 - Defining value area high/low
  • 0:20 - Reversal trade entry condition
  • 0:27 - Reversal trade stop loss and target
  • 0:30 - Continuation trade entry condition
  • 0:36 - Continuation trade stop loss and management

Topics

first candle value strategy · volume profile strategy · trading strategy · pine script · tradingview strategy · price action · scalping strategy · day trading · opening range breakout · breakout strategy · reversal strategy · 15 minute strategy · 5 minute strategy

About this strategy page

This trading strategy was decoded by Strategy Decoder's AI from a public YouTube trading video and turned into a structured, reviewable specification. In the interactive app this page shows the full entry and exit logic, risk management settings, the indicators involved with their parameters, AlgoWizard-compatible logic and a Pine Script export ready for TradingView backtesting — plus an automated backtest verdict when one has been computed for this strategy.

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