Bullish Breakout - SB

Step 1 – Chart Setup

Timeframe: 5-minute

Studies to add:

VWAP (Session VWAP)

EMA 9 & EMA 20 (trend filter)

Bullish Breakout – Clean v6.1

⚙️ Step 2 – Indicator Settings (scalping mode)

Resistance lookback: 15

Volume confirmation: ON, multiplier = 1.2–1.3 (lighter requirement, more signals).

RSI filter: ON, threshold = 55 (looser than intraday swing).

MACD filter: ON

HTF filter: ON → timeframe = 15m, EMA = 50 (so trades align with short-term trend).

Retest check: ON (safer signals).

ATR stop/targets: ON → ATR length 14, Stop = 1.0×ATR, T1 = 0.7×ATR, T2 = 1.4×ATR.

Visuals: Stealth Mode ON (just arrows + compact label).

🎯 Step 3 – Entry Rules

Wait for a green breakout arrow under a 5m bar.

Confirm conditions:

Price is above VWAP.

EMA 9 > EMA 20 (micro trend bullish).

Optional: RSI > 55 and volume above SMA×1.2.

Enter at close of breakout bar.

Aggressive: enter right on arrow.

Conservative: enter only if teal retest dot confirms.

🛡️ Step 4 – Risk/Exit Plan

Stop loss: red ATR line (~1×ATR below entry).

Target 1 (T1): yellow ATR line (~0.7×ATR above entry).

Target 2 (T2): green ATR line (~1.4×ATR above entry).

Management:

Sell 70% at T1, move stop to entry.

Let 30% run to T2 or trail with EMA 9.

🔔 Step 5 – Alerts

Set TradingView alerts for:

Bullish Breakout (green arrow)

Breakout Retest Confirmed (teal dot)

So you don’t miss quick setups during the session.

⚡ Extra Scalping Tips

Focus on liquid tickers (ORCL, MSFT, AAPL, NVDA, etc.) — tight spreads, good volume.

Trade first 2–3 hours after market open for best volatility.

Avoid scalping right before big news (FOMC, earnings).

Don’t overstay: average 10–30 minutes per trade.