Range BreakOut - A Powerful Trading Strategy App for Android
Range BreakOut is an Android application developed by TECH-SITE that offers a powerful trading strategy for users. It is a free app that falls under the Finance category in the Business & Productivity subcategory.
The app signals the user to buy when the price crosses a certain value and to sell when it crosses below another value. Additionally, it offers different profit booking targets based on the user's money management rules. It is advisable to book partial profit at each target level and the app also provides a stop-loss price level at which the user should exit if the trade goes in the opposite direction.
Range BreakOut is highly profitable on liquid stocks and indices like Nifty, Banknifty, NiftyAuto, SBI, ITC, etc. These stocks and indices have high average trading volumes compared to others, making them ideal for this strategy. There are many variations of this strategy on the intraday timeframe, making it a versatile and valuable tool for traders.
