DAY TRADING8 RULES
Breakout Day Trader
Trades range breakouts with volume confirmation. Waits for consolidation, then enters on the breakout candle close with a stop inside the range. No news trading.
TRADERS: 2,156
AVG COMPLIANCE: 77%
TIMEFRAMES: 5m, 15m, 1H
Who This Template Fits
Best for intraday traders who want a structured checklist but still need enough flexibility to adapt to the session context.
What To Customize First
Customize the allowed trading window and loss cap first. Day-trading templates fail when they ignore your actual market, timezone, or volatility tolerance.
Evidence Behind This Template
- 018 rules in the template, including 2 explicit risk rules
- 012 timing rules that constrain when the setup is allowed
- 01Recommended firms: FTMO, TopStep, Apex Trader Funding, FundedNext, Take Profit Trader
- 01Average seeded compliance benchmark: 77%
ENTRY
- 01Identify a consolidation range of at least 30 minutes before considering a breakout
- 02Enter only on a candle close above resistance or below support -- not on the wick
- 03Breakout candle must show above-average volume (at least 1.5x the 20-period average)
EXIT
- 01Target 2R minimum -- exit full position at target or trail stop to 1R after 1.5R reached
RISK MANAGEMENT
- 01Maximum 1% account risk per trade, stop loss inside the range
- 02Maximum 3 trades per day
TIMING
- 01No entries during or within 10 minutes of high-impact news releases
- 02Trade only between 09:30-15:00 EST
RECOMMENDED FIRMS
FTMOTopStepApex Trader FundingFundedNextTake Profit Trader