Break Out Model (BO)

The model helps to find entry points that would assist determining the trend/change in the market using a short/medium term breakout model. The model is build to assess the likelihood of a break-out, using the relationship between short-term and long-term moving averages of the True Range for a cross as input. To assist in finding key levels, we use a variety of both traditional and proprietary technical indicators along with changes in country fundamentals. The key feature is the use of a volatility filter which is supported by a trending indicator. This is often used from a contrarian standpoint. Both entry and exit points are found using basic support and resistance levels along with both daily/hourly Fibonacci levels. Stops are moved regularly to protect profits.