Channel Breakout
★ 9/10
Beginner
High NSE Fit
Daily
Trades the breakout from a defined consolidation or key level with volume confirmation. Well-suited for NSE where breakouts from established ranges produce reliable directional moves.
Indicators Used
Volume
How It Works
1
Identify a consolidation zone — price must have been ranging for at least 5 sessions with defined support and resistance
2
Wait for a breakout candle closing beyond the level on volume 1.5× the 20-day average
3
Enter at the close of the breakout candle or the open of the next — stop below the breakout level, target is the measured move
Backtest Results — NSE 2019–2024
21.4%
CAGR
1.84
Sharpe
52%
Win Rate
−14.2%
Max Drawdown
2.1
Profit Factor
847
Total Trades
Run This Strategy
Free account. No credit card. Full NSE backtest from 2019.
Full backtest + trade log
Run on any NSE stock or index
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Quick Facts
Complexity
Beginner
NSE Suitability
High
Timeframe
Daily
Best For
Beginner Traders
Popularity
9/10