Articles, Backtest, Breakout, Excel Models
One of the big questions when developing a breakout trading system is “how do you define a ‘breakout’?” Defining a breakout usually comes down to four criteria: What is the look-back period? What high (or low) price do you use to define the...
Articles, Breakout, Excel Models
Breakout trading strategies are some of the best systems for generating significant capital gains. However, breakout systems pose a particular challenge that can chew up your account equity quickly: Is this price move really a breakout? If you can’t answer this...