Desire To Trade Mechanical Volatility Breakout — Strategy by EtienneCrete1
By EtienneCrete1
Performance Metrics
- Author: EtienneCrete1
- Symbol: NASDAQ:AMZN
- Timeframe: 1 day
- Net P&L: +5,365.32 USD (+5.37%)
- Win Rate: 42.9%
- Profit Factor: 1.433
- Max Drawdown: 3,236.63 USD (3.07%)
- Total Trades: 133
Description
Breakout Strategy (Simple Version)🔔 Signal- Stock is above 200 EMA- Price has been moving sideways (tight range ~20 bars)- Volume is above average- Market (SPY) is trending up🚀 Entry- Buy when price closes above the range high🛑 ExitStop Loss:- Bottom of the rangeTake Profit:- Take partial profit at 1R- Let the rest run until: - trend weakens - or stop is hit