Rudy Breakout Momentum v2 — Strategy by bigboo407
By bigboo407
Performance Metrics
- Author: bigboo407
- Symbol: NASDAQ:NVDA
- Timeframe: 1 day
- Net P&L: +14,153.04 USD (+141.53%)
- Win Rate: 46.8%
- Profit Factor: 2.069
- Max Drawdown: 1,631.24 USD (9.87%)
- Total Trades: 126
Description
Rudy Breakout Momentum v2 — 52-week high breakout detection system for large/mid-cap momentum stocks. Identifies breakout entries when price is within 1% of its 52-week high with volume confirmation (1.5x+ average), RSI below 80, and EMA21 above EMA50 trend alignment. Uses composite scoring with weighted factors for proximity to highs, volume surge, trend strength, and momentum. Exits at 80% profit target, 50% stop loss, or when price breaks below EMA21. Designed for: NVDA, AMZN, GOOGL, TSLA, NFLX, CRM, AVGO, AMD, SHOP, SQ.