15-minute breakout with high-volume strategy
This is the simplest intraday breakout strategy for trading. In this strategy, trades come between 9:30 to 12:00 because after 12:00 it is possible to get the wrong trade into it. The maximum you can hold the intraday position is up to 3:15.After this stock exchange automatically squares off your position into the market price. Before we start first observe a 15-minute candle (9:15 to 9:30) then draw a line between that candle's high and low.
- When the first candle (9:15 to 9:30) high breaks that time takes a buy trade into the intra-day continue into the trade until the first candle (9:15 to 9:30) low is not broken otherwise 3:15 square off your trade.
- When the first candle (9:15 to 9:30) low breaks that time takes sell trade into the intra-day continue into the trade until the first candle (9:15 to 9:30) high is broken otherwise 3:15 square off your trade.
In the above image, you can observe that when the price crosses the 15-minute candle that time chart is moving faster.
We can create a scan free using Chartinger. We can create the 15-minute breakout scan given below.
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