Strategy Intent

Trading Criteria Details
Market Suitability All markets but will work faster in a bull market when volatility is higher
Difficulty Intermediate
Strategy Type Breakout
Take Profit
Positive DCA
Pending Orders
Trailing Stop Loss
Demo Server


  1. Click the cloud icon to view the demo server for this strategy;
  2. Note if the cloud icon is showing in red it means the demo server is not available right now;

Strategy Overview

  • This strategy is a high risk breakout trader.
  • It is looking for strong upside breakouts that have already started their move upward and buys into them.
  • It is high risk as you run the risk of catching a falling knife by doing this but that is also offset by the potential for higher gains trading breakouts.

Entry Criteria

  • The strategy entry criteria makes use of PDHIGH and MACD to find upside breakouts.
  • The strategy is buying into strong uptrends so that is why it only wants to pick pairs whose 24h change is greater than 1%.
  • It then confirms the breakout with STOCH and RSI by looking for signs of strength in the breakout.
  • Trailing buy is turned off as we are buying into upside breakouts.

Trade Management

  • The strategy applies the 2% and 10% rules of trading.
  • Position size is limited to 2% of risk capital per trade.
  • Only 5 trading pairs are active at any time to ensure no more than 10% of total risk capital is employed in trading at any time.
  • A trailing stop loss is employed rather than a fixed stop loss.
  • Take profit is employed to prevent loss of profits.

Exit Criteria

  • This strategy makes use of PDHIGH to see if we are still in the upside breakout and uses GAIN to see if we hit our profit target.
  • It uses HIGHBB and RSI to ensure we have reached the top of the trade cycle for this round of price action.
  • It then trails the price action to ensure we maximise profits.

Strategy Tips

  • This strategy works best in a Bull Market but will work in all market conditions as even Bear markets have breakouts, unfortunately they are usually to the downside though.
  • The key to this strategy is to ensure you do not overextend yourself by getting your max trading pairs and initial cost right to suit your trading budget.
  • Use the DCA calculator we provide to work these values out covering at least 4 levels of DCA for all your pairs. Once you have those values enter them into this strategy. The DCA calculator also ensures you have a 50/50 split on your trading budget to ensure you have sufficient budget for the sell side of this strategy.


  • rocketman.txt
  • Last modified: 14 days ago
  • by cryptocoyn