Premarket Gap MomoTrader(SC)๐ Pre-Market Momentum Trader | Dynamic Position Sizing ๐ฅ
๐ Trade explosive pre-market breakouts with confidence! This algorithmic strategy automatically detects high-momentum setups, dynamically adjusts position size, and ensures risk control with a one-trade-per-day rule.
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๐ฏ Key Features
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Pre-Market Trading (4:00 - 9:30 AM EST) โ Only trades during the most volatile session for early breakouts.
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Dynamic Position Sizing โ Adapts trade size based on candle strength:
โข โฅ90% body โ 100% position
โข โฅ85% body โ 50% position
โข โฅ75% body โ 25% position
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1 Trade Per Day โ Avoids overtrading by allowing only one high-quality trade daily.
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Momentum Protection โ Stays in the trade as long as:
โข Every candle remains green (no red candles).
โข Each new candle has increasing volume (confirming strong buying).
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Automated Exit โ Closes position if:
โข A red candle appears.
โข Volume fails to increase on a green candle.
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๐ How It Works
๐ Entry Conditions:
โ๏ธ Candle gains โฅ5% from previous close.
โ๏ธ Candle is green & body size โฅ75% of total range.
โ๏ธ Volume >15K (confirming liquidity).
โ๏ธ Occurs within pre-market session (4:00 - 9:30 AM EST).
โ๏ธ Only the first valid trade of the day is taken.
๐ Exit Conditions:
โ First red candle after entry โ Exit trade.
โ First green candle with lower volume โ Exit trade.
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๐ Why Use This?
๐น Eliminates Fake Breakouts โ No trade unless volume & momentum confirm.
๐น Prevents Overtrading โ Restricts to one quality trade per day.
๐น Adaptable to Any Market โ Works on stocks, crypto, or forex.
๐น Hands-Free Execution โ No manual chart watching required!
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๐จ Important Notes
๐ข Not financial advice. Trading involves riskโalways backtest & practice on paper trading before using real money.
๐ข Enable pre-market data in your TradingView settings for accurate results.
๐ข Optimized for 1-minute & 5-minute timeframes.
๐ Like this strategy? Leave a comment, share your results, and donโt forget to hit Follow for more strategies! ๐๐ฅ
Smallcapstocks
Bull Flag (9:30-12:00 Only) [One-Liner Fix]๐ Bull Flag Breakout Strategy | Intraday Momentum (9:30-12:00) ๐ฅ๐
๐ก Designed for Intraday Traders who love momentum breakouts and want to automate Bull Flag setups with volume confirmation! This strategy detects strong bullish moves, measures pullbacks, and triggers trades when the first candle makes a new highโensuring maximum momentum.
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๐ Why This Strategy?
โ
Bull Flag Pattern Automation โ No need to manually spot pullbacks! ๐ฏ
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Smart Volume Confirmation โ Only enter trades when breakout volume is strong! ๐
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Morning Session Focused (9:30 - 12:00 EST) โ Trade when momentum is at its peak! โฐ
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Customizable ATR & Risk Settings โ Adjust pullback %, stop-loss, and take-profit! ๐ ๏ธ
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Backtest-Friendly โ See how the strategy performs over time! ๐
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๐ฏ How It Works
๐ Step 1: Detects a Bullish Impulse Bar
๐น Large green candle ๐
๐น Candle range > ATR multiplier
๐น Volume > Average volume threshold
๐ Step 2: Confirms a Valid Pullback
๐ธ Pullback must stay within % range of the impulse move ๐
๐ธ If the pullback is too deep or takes too long, the setup is ignored โ
๐ Step 3: First Candle to Make a New High ๐
๐น When a candle breaks the previous high and volume confirms, go long! ๐ฐ
๐น Stop-Loss set at pullback low
๐น Take-Profit at Risk:Reward (R:R) Target ๐ฏ
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๐ฅ Best For
๐ Scalpers & Day Traders โ Capture short-term breakout momentum! โก
๐ Backtesters โ Optimize ATR, volume, and pullback rules for best performance! ๐งช
โณ Morning Momentum Traders โ Focus on 9:30-12:00 AM EST for higher probability setups!
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๐จ Important Notes
๐น This strategy is not financial advice! ๐
๐น Always backtest & paper trade before using real money! ๐๐
๐น Volatility varies โ Customize settings based on your trading style! ๐ง
๐ Like this script? Give it a try & let us know how it works for you! ๐ฅ๐
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