Liquidity Sweep, CHoCH, FVG Pure Price Action Strategy

Learn a pure price action trading strategy using Smart Money Concepts. Identify liquidity sweeps, CHoCH, and FVG for precise entries on 1-min & 15-min charts.

Published · Updated · Methodology: SMC

Part of: Fair Value Gap (FVG)

  • Methodology: SMC
  • Content type: strategy
  • Timeframes: 15-minute, 1-minute
  • Markets: Not specified, Implied for any market with price action

Source video

Decoded from: The Only Pure Price Action Strategy You Need by Stock Menthol — watch the original

Key timestamps:

  • 0:00 - Introduction
  • 0:33 - Step 1: Mark Key Levels on 15-Min Chart
  • 0:33 - Finding key levels where smart money enters
  • 1:55 - Swing Highs, Swing Lows & Equal Highs/Lows explained
  • 3:02 - Liquidity Sweep Confirmation
  • 4:28 - Move to 1-Min Chart & CHoCH
  • 5:42 - Fair Value Gap (FVG) Entry
  • 6:45 - Stop Loss & Target Placement
  • 7:28 - Bullish Setup Example
  • 9:18 - Complete Strategy Recap
  • 9:48 - Final Tips & Conclusion

Strategy overview

A fair value gap (FVG) is the imbalance left on the chart when price moves too fast for both sides to transact, leaving a zone the market often revisits. This entry decodes Stock Menthol's video "The Only Pure Price Action Strategy You Need," where the FVG is not a standalone signal but the final link in a strict, indicator-free confirmation chain: a liquidity sweep, then a change of character (CHoCH), then the gap itself as the refined entry.

What sets this version apart is that ordering and the clean split across two timeframes. The 15-minute chart is used only to map the structural context — swing highs, swing lows, and the equal highs/lows where resting orders pile up — and to wait for a liquidity sweep to run those levels. The change of character then acts as the pivot signaling that control has shifted, and only after that does execution drop to the 1-minute chart, where the FVG frames the entry. No moving averages, no oscillators, no Fibonacci tools — the method reads price alone.

The sequence is the whole point: the sweep engineers the liquidity, the CHoCH confirms the shift, and the FVG times the entry, each step gating the next. This entry maps how the source video introduces these price-action building blocks and the order in which it links them, from marking levels on the 15-minute chart down to the 1-minute execution.

Topics

pure price action · liquidity sweep strategy · choch trading strategy · fvg trading strategy · smart money concepts · smc strategy · 15 minute strategy · scalping strategy · tradingview strategy · swing trading strategy · price action trading · trading strategy · pine script

Frequently asked questions

What is the sequence in this pure price action strategy?

It chains three price-action events in a fixed order: a liquidity sweep of prior highs or lows, a change of character (CHoCH) signaling that control has shifted, and a fair value gap used to frame the entry. The 15-minute chart maps the key levels and the sweep, then execution moves down to the 1-minute chart.

What is a CHoCH (change of character)?

A change of character is the first sign that market structure is turning — price breaking the recent swing pattern in the opposite direction. In this video it serves as the confirmation step that bridges the liquidity sweep and the fair value gap entry.

Does this strategy use any indicators?

No. The video frames it as a pure price action method: it reads swing structure, equal highs/lows, liquidity sweeps, CHoCH and fair value gaps directly off the chart, without moving averages, oscillators or other indicators.

How can I evaluate a pure price action strategy like this?

Because it has no indicator settings, you can chart the rules directly and backtest the sequence on historical data before risking capital. Strategy Decoder extracts the structure of strategies like this one from their source videos so you can review and test them on TradingView.

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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