Premarket Gap MomoTrader(SC) β Strategy by Abdul_Mughees
By Abdul_Mughees
Performance Metrics
- Author: Abdul_Mughees
- Symbol: NASDAQ:BON
- Timeframe: 1 minute
- Net P&L: +38,677.49 USD (+386.77%)
- Win Rate: 100.0%
- Max Drawdown: 465.06 USD (4.65%)
- Total Trades: 1
Description
π Pre-Market Momentum Trader | Dynamic Position Sizing π₯π Trade explosive pre-market breakouts with confidence! This algorithmic strategy automatically detects high-momentum setups, dynamically adjusts position size, and ensures risk control with a one-trade-per-day rule.βΈ»π― Key Featuresβ Pre-Market Trading (4:00 - 9:30 AM EST) β Only trades during the most volatile session for early breakouts.β Dynamic Position Sizing β Adapts trade size based on candle strength: β’ β₯90% body β 100% position β’ β₯85% body β 50% position β’ β₯75% body β 25% positionβ 1 Trade Per Day β Avoids overtrading by allowing only one high-quality trade daily.β Momentum Protection β Stays in the trade as long as: β’ Every candle remains green (no red candles). β’ Each new candle has increasing volume (confirming strong buying).β Automated Exit β Closes position if: β’ A red candle appears. β’ Volume fails to increase on a green candle.βΈ»π How It Worksπ Entry Conditions:βοΈ Candle gains β₯5% from previous close.βοΈ Candle is green & body size β₯75% of total range.βοΈ Volume >15K (confirming liquidity).βοΈ Occurs within pre-market session (4:00 - 9:30 AM EST).βοΈ Only the first valid trade of the day is taken.π Exit Conditions:β First red candle after entry β Exit trade.β First green candle with lower volume β Exit trade.βΈ»π Why Use This?πΉ Eliminates Fake Breakouts β No trade unless volume & momentum confirm.πΉ Prevents Overtrading β Restricts to one quality trade per day.πΉ Adaptable to Any Market β Works on stocks, crypto, or forex.πΉ Hands-Free Execution β No manual chart watching required!βΈ»π¨ Important Notesπ’ Not financial advice. Trading involves riskβalways backtest & practice on paper trading before using real money.π’ Enable pre-market data in your TradingView settings for accurate results.π’ Optimized for 1-minute & 5-minute timeframes.π Like this strategy? Leave a comment, share your results, and donβt forget to hit Follow for more strategies! ππ₯