Complex: Breakout 20-Day Period

complex golden cross breakout 20 day period risk profile aggressive or speculative trade strategy market bottoming the complex golden cross/breaking out is a market bottoming strategy that uses the classic golden cross—where the 50 day moving average crosses the 200 day moving average, but also adds in a few more filtering rules to achieve a better risk reward opportunity in addition to the golden cross, this complex strategy also has a requirement that the 20 day moving average has crossed above the 50 day moving average also this will ensure a more smoothing process between long term and short term trends in addition, the price must be above the 200 day moving average, indicating positive price momentum the last rule is that price is near the 20 day period high, indicating a possible breakout pattern to the upside this is a strategy designed to catch rising momentum as trend begins to materialize complex golden cross breakout 20 day period options strategies/bot group complex golden cross breakout 20 period high complex golden cross breakout 20 day period bottrading navigate to "bot trading" or click on "search bots" from the drop down menu bots in this case, we have four bots under the “complex golden cross breakout 20 day period bot strategy complex golden cross sell put spread (40/20) – link https //www optioncircle com/bot/gs breakout complex golden cross long call 50/30/10 butterfly – link https //www optioncircle com/bot/gs butterfly break complex golden cross long stock with puts – link https //www optioncircle com/bot/cplx gs stock puts complex golden cross long leaps link https //www optioncircle com/bot/gs complex leaps bot workflow complex golden cross breakout 20 day period bot rules trading strategies time create a schedule for the bot to run daily, weekly, or monthly equity complex golden cross breakout 20 day period golden cross (ma50 crosses ma200) price above 200 ma price broken above 20 period price > $10 decision (technical indicator) added additional real time or historical market or technical indicators as needed to optimize the performance or minimize losses open position example execute a sell put spread or bull put spread set delta at 40/20 (mid price bid price) ensure open interest is greater than 50 close order (oco) close the position if profit exceeds 75% loss exceeds 50% within 2 days before the expiry