Super Breakout day trading — Strategy by beststockalert

volatility trendanalysis volumestudies strategy breakout

This is an intraday indicator which uses Bollinger band and volume flow and MA to alert buy and sell signal.

A user can use this indicator to help make entry and exits. This indicator wont show entry and exist of larger time frames like Day week month.

This indicator uses Bollinger bands but try to minimize it shortcoming where it will buy and keep holding and eventually sell at a loss.

By adding addition parameters around volume it check if the price has reached its peak

Release Notes:

improved entry strategy.

Release Notes:

Added an EMA 20 line

Release Notes:

decreasing freq of buying alerts

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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