At Trade View, we value our clients input and always strive to meet their needs.
Recently, one of our clients approached us with a request: to create a simple yet effective trading strategy that combines specific indicators and candlestick patterns.
The clients challenge was to design a strategy that not only incorporates these elements but also makes trading straightforward and user-friendly. After thoughtful consideration, they presented us with the “Dynamic Momentum Breakout” strategy, a powerful yet easy-to-use approach that combines technical indicators and candlestick patterns for more informed trading decisions.
The below are the initial testing 12 month testing results of the first version of the strategy. Currently with a 70% win rate.
Understanding the “Dynamic Momentum Breakout” Strategy
The “Dynamic Momentum Breakout” strategy is all about helping traders find high-probability entry points in the market. It focuses on identifying shifts in momentum and breakout opportunities, giving traders the confidence to enter positions.
Key Components of the Strategy:
Technical Indicators:
- MACD: To identify the overall market trend.
- RSI: To confirm potential overbought or oversold conditions.
- Bollinger Bands: To measure price volatility.
Watch episode 311 to see the results for yourself.
To see live trading reviews, check out the Traders Results Page.
If you would like to learn more about creating automated trading strategies check out the Trading Talk series which has a new episode each week with different topics and concepts on popular automated trading strategies.
Why wait? Get started today. Sign up for an account today with the Tradeview Forex broker www.tradeview.tech and start creating your own automation.
