Volume breakout
Enters range breakouts when volume beats 1.5× its average. It's cloned turned off in your practice account so you can review it before turning it on.
How it works
- 1It triggersAccording to its frequency: 1 h.
- 2It reads the dataPrices and signals for Multi-asset.
- 3It evaluates the ruleEnters range breakouts when volume beats 1.5× its average.
- 4It acts and notifiesIt trades in practice or sends you the alert, depending on the template.
About this strategy
A breakout happens when price leaves a range it has been trading in for a while. It often comes before a strong move, but there are also many false breakouts that slip straight back into the range.
The template uses volume as a filter: it only enters if the breakout candle trades at least 1.5 times its average volume. A breakout on thin volume usually has less conviction behind it.
It’s the highest-risk template in the library: it trades in volatile moments and some entries will fail. A stop just inside the broken range and a moderate position size are key.
The workflow
Click a node to see what it doesCustomize it before cloning
What you'll receive
Questions about this strategy
With the high and low of the most recent candles (for example, the last 20). If the close breaks above the high on strong volume, it buys. You choose the number of candles.
The stop closes the trade if price falls back into the range. False breakouts are part of the strategy; what matters is keeping the loss small.
The logic works for any asset with volume data. Backtest it on the asset and time frame you plan to use.
It's cloned in practice. Try it for a few weeks and move it to real money only if you're convinced, with your risk limits.
Learn before you switch it on
- How to backtest a trading strategy without fooling yourselfWhat backtesting is, how to test a trading strategy on historical data and the mistakes that inflate results: overfitting, look-ahead bias, fees and slippage.
- How to build a trading bot without codingA step-by-step guide to building a trading bot with no code: turn your strategy into rules, backtest it and run it on paper before you risk real money.