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Breakout

Chickenspicy, Fri May 12, 2023 7:34 pm

The idea is simple...

find trend via strength meter or fundamentals
find pullback/consolidation for a breakout with semafors
moving average arrow entry or whatever else you use but averages worked best for me
15m-30m charts
i risk 1% three times 1:1 cut the stop in half
exit if ma arrow stops and closes near the breakeven line or 0.0 on meter (changed period to 4)
round numbers identify ranges for the breakout plausibility
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