INVITE-ONLY SCRIPT

Ravih Pro Momentum Breakout

This is a Momentum Breakout Strategy on “DAILY Timeframe”

This Breakout Strategy is specially created for Momentum Traders and for Bursa Market. The learning applied here are derived from past market behavioural approach. It takes into account of recent strength of price action and volume.

However, it can be applied for other Exchanges as well; as long as the stock is active with unusual volume.

The Momentum Set-Ups Script is designed for Short Term traders as in 3 to 60 Trading Days holding period or unless and until Exit Signal appears. Sometimes it could extend longer depending on the pace of the Momentum.

It also caters the aggressive traders as in Buy Today Sell Tomorrow/Today (BTST) and Fast in Fast Out (FIFO). These are traders...usually looking for 5% to 7% or 12% gain in a short span of time. However, do take note; momentum stocks are explosive in their moves. Therefore one could maximise the Gain Ride until Exit/Sell Signal appears.

The Script provides you the best High-Probability Profitable Set-Up Entry. The system identifies the stock/s in action Right Now. It is a powerful strategy for trading both Fast and Slow Momentum Stocks.

The Momentum Script is built around 3 Primary Factors namely…

1. Volume

2. Price Action

3. Time

And 2 Secondary Factors namely…

1. Volatility

2. Liquidity

Buy Exit/Sell Arrows are triggered based on last candle bar closed. It plots automatically.

For Long

Light Blue Up Triangle denotes Buy at the Closing Price. Entry Price is Closing Price or with + or – 2% tolerance for the following market day.

For Exit/Sell

Orange Down Triangle denotes Exit to close any remaining position to free up capital. Or...

Red Down Triangle denotes Exit to close any remaining position to free up capital.
Either one of the arrow is Final.

For Setting Up Alerts

The user has the option to Setup Alerts for chart signals that is…for Long and for Exit/Sell.

For Demonstrative purpose...

I have on purpose chosen an O&G counter from a Cold Sector from MYX. This is a time of Pandemic. Therefore, choosing Technology or Glove and Healthcare Sectors would definitely reflect good performance. The idea here is to demonstrate that the Momentum Strategy application works on all market conditions anytime of the year.


Remember...

This strategy is only built for stocks. It is Not for Indices neither for any other financial instruments.

No SHORT signals in this strategy.


breakoutsignalliquidityOscillatorspriceactionVolatilityVolume

Script su invito

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Istruzioni dell'autore

you may visit http://www.tradewithraviraj.com for more information.

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