Rocket Breakout EA

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:

• 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.