Ravih Pro Momentum Breakout
This is a Momentum Breakout Strategy on “DAILY Timeframe”
This Breakout Strategy is specially created for Bursa Malaysia. The learning applied here are derived from past market behavioural approach.
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 be longer depending on the pace of the Momentum.
It also caters the aggressive traders as in BTST (Buy Today Sell Tomorrow/Today) and FIFO (Fast in Fast Out). These are traders…usually looking for 3% to 7% gain in a short span of time.
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.
How to use?
Set it to Daily Timeframe.
(Aggresive traders – as in BTST/FIFO, you can use 30 minutes Time-Frame if needed. However Only for Bursa.)
Buy and Exit/Sell signals are generated automatically on chart based on the current Momentum Trend.
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.
For Setting Up Alerts
The user has the option to Setup Alerts for all chart signals that is…
For Buy and for Exit/Sell.
For Exit/Sell it is pre-set at 12% of the last candle bar closed. However, it is recommended to switch to 24% Dynamic Trailing Stop/ Profit Lock once the asset moves explosively to maximise the Smart Money play. These figures are derived after carefully studying the Market Makers Shakeouts Do take note, explosive momentum stocks will almost always get you out of the Stop Loss before hitting 12% floor.
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.
Check out the examples below for a fair understanding. The screenshots show the possibilities with the Script.
Important Note
The above indicators can only be seen if you have an account on TradingView. Having an account on TradingView is FREE. Click here to go to TradingView website (www.tradingview.com).
Refund Policy
If you feel the System does not add value to your trading, email us at [email protected] within “Try It Now 5 Days Risk Free Trial” of your purchase and we will issue you a full refund.
Because premium members immediately benefit from the knowledge of the stats and analytics they purchase, we do not give refunds. You should recognize that investing and trading is a marathon, not a sprint so every last piece of information that can help you learn along the way and give you “an edge” over your competitors is worth investing in, especially when that information costs less per month than a night out of dinner and drinks aka invest in your education!
Disclaimer
All investing involves risk. Do Not invest more then you’re willing to lose. Past results are not indicative of future results. BM Ent and its affiliates are not licensed financial advisors, brokers or dealers. We, BM ENT are not responsible for any liabilities arising from the result of you using our System. This information is not a recommendation to buy or sell. By purchasing our Systems you are agreeing to our terms of service at Terms & Conditions