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London Breakout Optimized PF

243
Best Practices:

Only take trades in trend and above/below VWAP

Avoid trading in low-volume or sideways markets

Use it for intraday 5-min charts (15-min for trend confirmation)

Track trades in a Trading Journal → improves discipline
Entry Rules:

Long (Buy):

Price above EMA21 & VWAP → bullish trend

EMA slope positive → strong trend confirmation

Pullback to entry zone OR breakout above resistance

Volume above 1.3× average → avoids weak moves

Short (Sell):

Price below EMA21 & VWAP → bearish trend

EMA slope negative → strong downtrend

Pullback to entry zone OR breakout below support

Volume above 1.3× average

Exit Rules:

Stop-Loss: ATR-based, dynamic (tight for fewer losses)

Take Profit: Risk × 3 (3:1 R:R)

Automatically handled by the strategy (strategy.exit)

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