This is not a financial advice. This is just my personal strategy and is open for suggestions. At present it has a 50 to 60 percent win rate.
Risk management (1% of portfolio) ÷ (Entry price - stoploss price) = no. of shares to buy
Breakout strat: 1:1 Risk reward ratio 1. Requirements a. Above ema 10, 20, 50 b. OBV upward direction c. Rsi 14 above 50 d. Consolidating at least 5 to 10 candles 2. Entry: breakout from resistance 3. Stop loss below immediate support 4. Exit: signs breakdown on consolidation or break of trend (LL-LH-LL), crossing ema downward
Pullback strat: 1:2 Risk reward ratio 1. Breakout candle body is more than 50% 2. Satisfy all breakout strategy requirements 3. Signs of weak pullback, not drastic selling on lower timeframe. 4. SoR: red candle followed by 2 green candles 5. Entry: green candle after SOR 6. Stoploss below immediate support. 7. Exit: signs break down on consolidation or break of trend (LL-LH-LL), crossing ema downward