For the past couple of months I have been watching and reading about trading.
I really like the breakout strategy it's so beautiful.
I have an understanding using technical,fundamentals and physiological concepts.
But I need a formula to find breakouts or potential breakouts...
So i'm using a screener but i'm confused on what settings I should place it on.
I initially used these below but need your help to find breakouts please
Volume > 500,000
Percent > 2.95
last price >0.1
Should I use relative strength. Could you explain to me how you do it please???
Here is the screener I use ww.barchart.com/stocks/marketoverview