How to Profit Trading Level Breakouts | Trading | Scalping | Digash | Binance | Crypto

[00:02] we will analyze the strategy for level breakout in as much detail as possible, I will show several options for trading using this strategy. How to correctly find levels where you need to enter a stop take trade and how to set up the screener so that it shows

[00:16] good formations for this strategy. Well, before the video starts, don’t forget to subscribe to our Telegram channel where we publish current updates and all the information on the screener. We also have a chat screen where you can

[00:30] view the settings, ask questions, communicate, point out bugs, share formations and ideas. I will leave links to Telegram in the description under the video. Thank you. With the help of the screen, trading breakouts becomes much easier since

[00:45] we have an automatic detection of slope levels. We can quickly find active coins and formations, set notifications and this will lead to good results in trading. We divide breakouts into three

[00:57] types. The first breakout is the top one, this is on impulse, when we enter the intersection of the level and take a short impulse movement, as a rule, it lasts only a couple of seconds. The second type of breakout is on pulling, here we have how The rule

[01:11] is a cascade of levels, and we enter the intersection of the first level and gradually pull the movement until it crosses all levels and then already on additional targets. The third type of breakout is when we

[01:24] gain momentum in a breakout in advance from some other strategy, for example, breaking the structure on the Clone density and pull the trade until the intersection of the last level, thereby taking the movement due to the fact that we pulled to the level plus

[01:38] additional movement due to the stops that accumulated behind the level. These three types of breakouts need to be distinguished and be able to trade. The entry point at the breakout on impulse is at the intersection of the first level and then we fix everything on

[01:51] the slowed down after all the stops have worked. That is, we cross the level, it slows down either before some density or resistance, the breakout to pull, we enter the intersection of the first level, we set

[02:03] either a graphical stop behind the trade, or behind the candle, behind the structure and then we pull to the main targets. For example, we will enter here, we will put our stop behind the nearest Low, it will be 0.3 pro and We will pull to the main level and also take

[02:18] additional movement after its intersection, thereby we can get a very good ratio of such breakouts. We are no longer exiting on impulse and such trades do not last a couple of seconds, but as a rule, if there is a similar formation, then the

[02:31] trade can last for several hours. And the third type of breakout here we are already entering an additional strategy from which we can gain. For example, if in this case we have a breakout, here we pro-trade, they came out a retest, zeros, this

[02:44] breakout, then we enter at this point for a retest and pull already until all density, then we enter a rebound from this density, stop behind the density and pull already to the main levels. If from a breakout, then stop behind the pro-trader, if there is some kind of

[02:58] slope structure, then behind the column, and in this format we work out this formation by levels. I wanted to add that the levels should be visible to all participants. They should not be far-fetched and as soon as you open the chart, the levels

[03:12] should be immediately visible to you. This means that the levels are really good and they are visible. all other people If you start looking closely at the chart For example, there is a MEV coin and you are looking closely at

[03:51] and they should be visible to everyone. Levels are extremes of highs and highs that have a good time interval between touches and these touches immediately catch the eye. For example, here we have a Single High. We created a High after two

[04:06] hours, we approached and made the first touch and This means that there is already resistance here. That is, there are stops behind these levels after also two hours, we touched again and this level is already considered good and confirmed,

[04:21] so you can enter it in order to take the impulse. We take the impulse when we have clear touches and the interval between these touches, the error is quite small. For example, in this case, we have an

[04:34] error of only 0.3% and between the last touch 0.1% and when we begin to cross this level, the stops will be triggered behind the first level, then they will catch the stops behind the second level behind the third level and we will already have a

[04:49] good impulse movement. which can be taken in finding levels, the screener helps very well. We can go to the upper right corner and click on the gear and here we set up treasure levels, click here we show

[05:02] horizontal levels, set the period to 20, the number of touches is one and in the error we can set 0.5% level lifetime zero. And thus we will show and mark good levels on the chart, these levels are set

[05:16] automatically in the screen and with this, even if you do not know how to determine good levels, you can still see them, thereby trading only good formations. The main thing is that the formation looks beautiful graphically. That

[05:30] is, we had several clear touches at one point and then this will indicate that you can take here in this case, impulse, but also if percent in a day, it is very active

[05:48] will also be suitable for impulse here. The main thing is that graphically these distances look small. That is, if you see that they look like this, then in fact, it does not matter how many percent there are because, for

[06:02] volatility of the coin, it currently has a volatility of one per 24 hours, then it has volatility of one per 24 hours, then it has a distance of 0.3% here and 0.1% here. But if this coin were, for example, super active, with a

[06:20] enter such breakouts. Here, the coin's volatility would be higher and the percentage would be higher. In order to trade other breakout strategies, such as breakouts to pull and breakouts with the goal of gaining in advance, we can

[06:33] use this setting. Go to the gear and here we set the period to 20, the number of touches is also one, and in the error, we can already set three. This error is between levels. That is, we

[06:45] have a cascade like this here, and we have High, then the first touch, the second touch, and the error between these touches will be 3%, and this can be considered because for active, volatile coins that are worth trading, which are the

[07:00] best of all the coins that we have on the market, such an error will be normal, so we can set 3% between these touches Gradually Our movement will grow and go in the direction we need.

[07:16] If you have any questions about using the screen or you want to add a new function, be sure to write in the comments or you can write it in the Telegram chat. There are sorting by different topics and this is

[07:29] quite conveniently done. We read all the comments and take them into account in the future work of the screener tabs. We set up in the same format. And thus, we will also have good levels marked and we will see all the

[07:41] information on the market. What formations we have are best for trading active coins. Therefore, for this you can set up tabs: top growth, top decline, top volatility and top by number of transactions, thereby seeing in the top

[07:54] 510 the best and most active coins that we have on the market. Go to the workspace settings and here you can copy my settings. I have already shown them in previous videos and here in the sorting, in this case, I have the top by

[08:08] growth is the first tab. And in other tabs, we can select the top Volatility, number of trades, and top falls. Thus, in our four folds, we will have the most active coins by level. I usually set this

[08:20] setting. You can use any error here, depending on your strategy. This is the error between touches at levels. Trend lines can be set by default and their density. You can also automatically mark them on the

[08:33] chart. We have folds. Indicators can be set here so that we can mark technical data on the coin. Select a timeframe and then save this tab. We already have a workspace with which you

[08:46] can monitor the entire market and trade good formations. Well, this video will come to an end. Thank you all very much for watching. Shake hands. Have fun. Thank you very much everyone. Goodbye, bye bam