Bull Flag (9:30-12:00 Only) [One-Liner Fix] โ Strategy by Abdul_Mughees
By Abdul_Mughees
Performance Metrics
- Author: Abdul_Mughees
- Symbol: NASDAQ:RGC
- Timeframe: 5 minutes
- Net P&L: โ3,846.09 USD (โ38.46%)
- Win Rate: 21.1%
- Profit Factor: 0.743
- Max Drawdown: 7,444.41 USD (74.44%)
- Total Trades: 71
- Sharpe Ratio: 0.019
Description
Mar 14๐ Bull Flag Breakout Strategy | Intraday Momentum (9:30-12:00) ๐ฅ๐๐ก Designed for Intraday Traders who love momentum breakouts and want to automate Bull Flag setups with volume confirmation! This strategy detects strong bullish moves, measures pullbacks, and triggers trades when the first candle makes a new highโensuring maximum momentum.โธป๐ Why This Strategy?โ Bull Flag Pattern Automation โ No need to manually spot pullbacks! ๐ฏโ Smart Volume Confirmation โ Only enter trades when breakout volume is strong! ๐โ Morning Session Focused (9:30 - 12:00 EST) โ Trade when momentum is at its peak! โฐโ Customizable ATR & Risk Settings โ Adjust pullback %, stop-loss, and take-profit! ๐ ๏ธโ Backtest-Friendly โ See how the strategy performs over time! ๐โธป๐ฏ How It Works๐ Step 1: Detects a Bullish Impulse Bar๐น Large green candle ๐๐น Candle range > ATR multiplier๐น Volume > Average volume threshold๐ Step 2: Confirms a Valid Pullback๐ธ Pullback must stay within % range of the impulse move ๐๐ธ If the pullback is too deep or takes too long, the setup is ignored โ๐ Step 3: First Candle to Make a New High ๐๐น When a candle breaks the previous high and volume confirms, go long! ๐ฐ๐น Stop-Loss set at pullback low๐น Take-Profit at Risk:Reward (R:R) Target ๐ฏโธป๐ฅ Best For๐ Scalpers & Day Traders โ Capture short-term breakout momentum! โก๐ Backtesters โ Optimize ATR, volume, and pullback rules for best performance! ๐งชโณ Morning Momentum Traders โ Focus on 9:30-12:00 AM EST for higher probability setups!โธป๐จ Important Notes๐น This strategy is not financial advice! ๐๐น Always backtest & paper trade before using real money! ๐๐๐น Volatility varies โ Customize settings based on your trading style! ๐ง๐ Like this script? Give it a try & let us know how it works for you! ๐ฅ๐โธปMar 14Release Notes๐ Bull Flag Breakout Strategy | Intraday Momentum (9:30-12:00) ๐ฅ๐๐ก Designed for Intraday Traders who love momentum breakouts and want to automate Bull Flag setups with volume confirmation! This strategy detects strong bullish moves, measures pullbacks, and triggers trades when the first candle makes a new highโensuring maximum momentum.โธป๐ Why This Strategy?โ Bull Flag Pattern Automation โ No need to manually spot pullbacks! ๐ฏโ Smart Volume Confirmation โ Only enter trades when breakout volume is strong! ๐โ Morning Session Focused (9:30 - 12:00 EST) โ Trade when momentum is at its peak! โฐโ Customizable ATR & Risk Settings โ Adjust pullback %, stop-loss, and take-profit! ๐ ๏ธโ Backtest-Friendly โ See how the strategy performs over time! ๐โธป๐ฏ How It Works๐ Step 1: Detects a Bullish Impulse Bar๐น Large green candle ๐๐น Candle range > ATR multiplier๐น Volume > Average volume threshold๐ Step 2: Confirms a Valid Pullback๐ธ Pullback must stay within % range of the impulse move ๐๐ธ If the pullback is too deep or takes too long, the setup is ignored โ๐ Step 3: First Candle to Make a New High ๐๐น When a candle breaks the previous high and volume confirms, go long! ๐ฐ๐น Stop-Loss set at pullback low๐น Take-Profit at Risk:Reward (R:R) Target ๐ฏโธป๐ฅ Best For๐ Scalpers & Day Traders โ Capture short-term breakout momentum! โก๐ Backtesters โ Optimize ATR, volume, and pullback rules for best performance! ๐งชโณ Morning Momentum Traders โ Focus on 9:30-12:00 AM EST for higher probability setups!โธป๐จ Important Notes๐น This strategy is not financial advice! ๐๐น Always backtest & paper trade before using real money! ๐๐๐น Volatility varies โ Customize settings based on your trading style! ๐ง๐ Like this script? Give it a try & let us know how it works for you! ๐ฅ๐โธปMar 14Release Notes๐ Bull Flag Breakout Strategy | Intraday Momentum ๐ฅ๐๐ก Designed for Intraday Traders who love momentum breakouts and want to automate Bull Flag setups with volume confirmation! This strategy detects strong bullish moves, measures pullbacks, and triggers trades when the first candle makes a new highโensuring maximum momentum.โธป๐ Why This Strategy?โ Bull Flag Pattern Automation โ No need to manually spot pullbacks! ๐ฏโ Smart Volume Confirmation โ Only enter trades when breakout volume is strong! ๐โ Morning Session Focused (9:30 - 12:00 EST) โ Trade when momentum is at its peak! โฐโ Customizable ATR & Risk Settings โ Adjust pullback %, stop-loss, and take-profit! ๐ ๏ธโ Backtest-Friendly โ See how the strategy performs over time! ๐โธป๐ฏ How It Works๐ Step 1: Detects a Bullish Impulse Bar๐น Large green candle ๐๐น Candle range > ATR multiplier๐น Volume > Average volume threshold๐ Step 2: Confirms a Valid Pullback๐ธ Pullback must stay within % range of the impulse move ๐๐ธ If the pullback is too deep or takes too long, the setup is ignored โ๐ Step 3: First Candle to Make a New High ๐๐น When a candle breaks the previous high and volume confirms, go long! ๐ฐ๐น Stop-Loss set at pullback low๐น Take-Profit at Risk:Reward (R:R) Target ๐ฏโธป๐ฅ Best For๐ Scalpers & Day Traders โ Capture short-term breakout momentum! โก๐ Backtesters โ Optimize ATR, volume, and pullback rules for best performance! ๐งชโณ Morning Momentum Traders โ Focus on 9:30-12:00 AM EST for higher probability setups!โธป๐จ Important Notes๐น This strategy is not financial advice! ๐๐น Always backtest & paper trade before using real money! ๐๐๐น Volatility varies โ Customize settings based on your trading style! ๐ง๐ Like this script? Give it a try & let us know how it works for you! ๐ฅ๐โธป9 hours agoRelease Notes๐ Bull Flag Breakout Strategy | Intraday Momentum (9:30-12:00) ๐ฅ๐๐ก Designed for Intraday Traders who love momentum breakouts and want to automate Bull Flag setups with volume confirmation! This strategy detects strong bullish moves, measures pullbacks, and triggers trades when the first candle makes a new highโensuring maximum momentum.โธป๐ Why This Strategy?โ Bull Flag Pattern Automation โ No need to manually spot pullbacks! ๐ฏโ Smart Volume Confirmation โ Only enter trades when breakout volume is strong! ๐โ Morning Session Focused (9:30 - 12:00 EST) โ Trade when momentum is at its peak! โฐโ Customizable ATR & Risk Settings โ Adjust pullback %, stop-loss, and take-profit! ๐ ๏ธโ Backtest-Friendly โ See how the strategy performs over time! ๐โธป๐ฏ How It Works๐ Step 1: Detects a Bullish Impulse Bar๐น Large green candle ๐๐น Candle range > ATR multiplier๐น Volume > Average volume threshold๐ Step 2: Confirms a Valid Pullback๐ธ Pullback must stay within % range of the impulse move ๐๐ธ If the pullback is too deep or takes too long, the setup is ignored โ๐ Step 3: First Candle to Make a New High ๐๐น When a candle breaks the previous high and volume confirms, go long! ๐ฐ๐น Stop-Loss set at pullback low๐น Take-Profit at Risk:Reward (R:R) Target ๐ฏโธป๐ฅ Best For๐ Scalpers & Day Traders โ Capture short-term breakout momentum! โก๐ Backtesters โ Optimize ATR, volume, and pullback rules for best performance! ๐งชโณ Morning Momentum Traders โ Focus on 9:30-12:00 AM EST for higher probability setups!โธป๐จ Important Notes๐น This strategy is not financial advice! ๐๐น Always backtest & paper trade before using real money! ๐๐๐น Volatility varies โ Customize settings based on your trading style! ๐ง๐ Like this script? Give it a try & let us know how it works for you! ๐ฅ๐โธป