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Rocket Breakout EA

5

This Rocket Breakout Strategy for NASDAQ index is a trading strategy that focuses on breakouts from a range based on previous days, using a volatility filter to identify pre-breakout situations and a trend filter. This strategy employs a stop loss and profit target approach to manage risk, with higher profit targets for long entries and lower for short entries. The strategy also includes an end-of-week exit to avoid exposure to weekend news events. Percentage-based position sizing is used for optimal risk management, and a time filter is used for entry rather than relying on indicators.

PRICE REDUCED FOR LIMITED TIME! $97 ---> $49

FEATURES:

  • Profitable Volatility Breakout Strategy for Indices and Forex
  • Uses volatility and trend filters to identify pre-breakout market conditions
  • Minimum Indicators
  • Stop loss and profit target approach to manage risk
  • Higher profit target for long entries, lower for short entries
  • End-of-week exit to avoid exposure to weekend news events
  • Percentage-based position
  • NOT grid or martingale system

SETTINGS:

Suggested Symbol: NASDAQ index, i.e. NAS100 or USTEC, etc.

Suggested Timeframe : H1, but also works for (M30 to 2H)

Range Multiplier - Default: 0.5.Higher multiplier means wider range. 

Stop Loss Factor - Default: 6. Smaller stoploss factor means larger stoploss. 

Long Profit Target - Default: 4.5. Profit target multiplier for long entries. 

Short Profit Target - Default: 1. Profit target multiplier for short entries. 

Entry Hour - Default: 0. Hour of day to enable taking entry positions. 

Position Size - Default 1%.Position Size in percentage. 


Reviews 1
jorblain
27
jorblain 2024.08.19 23:19 
 

Good honest EA, that works on instruments like NASDAQ , and good reponsivenes from the author :) Thank you!

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Katana Breakout
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The volatility breakout strategy "Katana" is a minimalist and highly profitable intraday trading strategy on Japanese yen pairs, especially USDJPY that uses the daily range and midpoint of the current trading day to calculate potential breakout points on hourly data (H1). It incorporates a stop-loss and specifies exit points at a certain time of day. The strategy uses the previous day's candlestick pattern to identify high probability breakout days. By utilizing the daily range and midpoint of
Shiruken Swing
Munkh Od Jargalsaikhan
The 'Shuriken' breakout strategy is not only simple but also highly effective! It enters a position based on the previous day's high or low when the market is uncertain, in anticipation of a breakout in one direction.  One of the key features of Shuriken is its dollar-based stop loss and profit target, rather than relying on pips. This approach ensures a more confident and decisive trading experience, allowing traders to take control of their trades and maximize their profits! This strategy can
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jorblain
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jorblain 2024.08.19 23:19 
 

Good honest EA, that works on instruments like NASDAQ , and good reponsivenes from the author :) Thank you!

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