A manual next-day watch list designed for morning review. Evaluates price compression across multiple indicators.
Scoring System: Ranks setups based on CPR narrowing, distance to PDH, and volume ratio.
Breakout Trigger: Active entries are triggered on the first 15m candle close crossing the setup PDH.
AUTOMATED EXIT STRATEGIES
To capture 5%–10% gains while protecting trading capital from sudden retraces, the scanner applies three exit rules:
1. Hard Stop Loss (-3.0%)
If the price falls -3.0% below your entry point, the trade immediately closes. This limits downside risk on failed breakouts.
2. Trailing Stop (1.5% Distance)
Activates only after price gains ≥ 3.0%. The stop line trails 1.5% below the peak price. If the price pulls back 1.5% from its highest high, the trade exits to secure profits.
3. End of Session (EOD Close)
If neither the Stop Loss nor Trailing Stop is triggered by the daily close (00:00 UTC), the trade is closed at the final candle close.