Breakout Calculator1.0
Publisher Description
Breakout Calculator is one of those most successful calculators that can be used to trade in intraday in any underlying. It takes few input parameters like previous day high and low and current days high and low. Based on the past and current price movements, it identifies the trading levels that can be used to trade intraday.
How to use breakout calculator
1. Enter previous day high and low.
2. Enter todays high and low (between 9:20 am - 2:00pm)
3. Set ur profit and stoploss % ( ideally u should keep 0.7 as profit and 0.8 as stoploss )
4. See the recommendations. You see recommendation only when u click on calculate button.
How to trade in buy side
5. Place a stoploss buy order at the price mentioned in the recommendation.
6. Place a sell order for the above buy order at the price mentioned as target in the recommendation.
7. If above stoploss buy order gets executed, place a stoploss sell order to protect from losses.
8. If the target sell order gets executed for above buy order, then cancel the stoploss sell order.
How to trade in sell side
9. Place a stoploss sell order at the price mentioned in the recommendation.
10. Place a buy order for the above sell order at the price mentioned as target in the recommendation.
11. If above stoploss sell order gets executed, place a stoploss buy order to protect from losses.
12. If the target buy order gets executed for the above sell order, then cancel the stoploss buy order.
13. Use this calculator only between 9:20 am - 2:00 pm for Indian Markets.
14. Use this calculator only between 20 min after market start till 1 hr before market closes for International Markets.
15. Dont keep profit and stoploss above 1% and below 0.5%.
About Breakout Calculator
The company that develops Breakout Calculator is Pivottrading.Net. The latest version released by its developer is 1.0. This app was rated by 11 users of our site and has an average rating of 3.0.
To install Breakout Calculator on your Android device, just click the green Continue To App button above to start the installation process. The app is listed on our website since 2014-12-08 and was downloaded 578 times. We have already checked if the download link is safe, however for your own protection we recommend that you scan the downloaded app with your antivirus. Your antivirus may detect the Breakout Calculator as malware as malware if the download link to pivottrading.breakoutcalculator is broken.
How to install Breakout Calculator on your Android device:
- Click on the Continue To App button on our website. This will redirect you to Google Play.
- Once the Breakout Calculator is shown in the Google Play listing of your Android device, you can start its download and installation. Tap on the Install button located below the search bar and to the right of the app icon.
- A pop-up window with the permissions required by Breakout Calculator will be shown. Click on Accept to continue the process.
- Breakout Calculator will be downloaded onto your device, displaying a progress. Once the download completes, the installation will start and you'll get a notification after the installation is finished.
