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London Breakout Optimized PF

267
Best Practices:

Only take trades in trend and above/below VWAP

Avoid trading in low-volume or sideways markets

Use it for intraday 5-min charts (15-min for trend confirmation)

Track trades in a Trading Journal → improves discipline
Entry Rules:

Long (Buy):

Price above EMA21 & VWAP → bullish trend

EMA slope positive → strong trend confirmation

Pullback to entry zone OR breakout above resistance

Volume above 1.3× average → avoids weak moves

Short (Sell):

Price below EMA21 & VWAP → bearish trend

EMA slope negative → strong downtrend

Pullback to entry zone OR breakout below support

Volume above 1.3× average

Exit Rules:

Stop-Loss: ATR-based, dynamic (tight for fewer losses)

Take Profit: Risk × 3 (3:1 R:R)

Automatically handled by the strategy (strategy.exit)

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.