beststockalert

Super Auto Breakout Day Trade Volatile stocks

This strategy is looking at MA and distance from MA to determine entry and exit for highly volatile day trade stocks.

This trading strategy is not good for big-cap stocks as the movement there is not much in terms of %.

The target for open trade is to close at a 10% gain or at 2.8% loss which is a good risk to reward ratio.

Release Notes:
sell on lack of volume
Release Notes:
fix buy
Release Notes:
session time fixed
Release Notes:
buy and sell early where strong signal
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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