Bull Market Strategies Continued

Strategy Name: Bullish Momentum Rider


Strategy Description: Bullish Momentum Rider is a disciplined intraday strategy built to capture upside moves within established bullish trends. By layering price trend confirmation with volume and momentum filters, this system identifies high-conviction entries during pullbacks or pauses within broader upward movements. It is structured for precision entries and quick exits, ideal for traders looking to ride the wave of sustained bullish sentiment without over exposing to drawdowns.


Core Setup:

  • Trend Confirmation: Triggers only when the 50-period EMA is above the 200-period EMA on the 60-minute chart—signalling a confirmed bullish market structure.

  • Momentum Filter: RSI (15 minute period set at 15 and lookback set at 5) must be between 55 and 70 to validate moderate bullish momentum—catching the move before it becomes overbought.

  • Volume Confirmation: On-Balance Volume (OBV) must be greater than zero, indicating buying pressure is outweighing selling, reinforcing bullish conviction.

  • Profit Target & Risk Control:

    • Take Profit: +0.5%

    • Stop Loss: -0.5%

A balanced 1:1 reward-to-risk profile ensures disciplined risk management while capturing short-term trend continuations.


Ideal For: Traders operating in bull markets who prefer confirmation-based entries over speculation


Bullish Momentum Rider offers a methodical framework for capitalising on intraday price movements within bullish trends—fusing technical alignment with volume and momentum for clean, repeatable setups.


Next steps:

  1. Make this strategy your own – click here to customise to suit your preferences.

  2. Try this strategy on a different asset or timeframe -

    1. Navigate to the “Create” menu on the homepage, choose your preferred asset and timeframe, then choose “Copy” to duplicate the strategy.

    2. From there, backtest and deploy whenever you're ready.

    3. Reach out to the Level2 team with any questions or if you need tech support

Risk Warning – Template Strategies

The template strategies provided on Level2 are for educational and illustrative purposes only and do not constitute investment advice or a recommendation to trade. These strategies are based on historical examples and are not tailored to your individual financial circumstances, objectives, or risk tolerance.

Before deploying any strategy, you must run a back-test using your chosen security. Strategy performance can vary significantly depending on the asset class, time frame, volatility, and broader market conditions. It is essential to adjust parameters such as entry/exit levels, indicators, and time frames to suit the specific security and current market dynamics.

Level2 does not guarantee the accuracy, completeness, or future performance of any strategy. All trading involves risk, including the potential loss of capital. Past performance is not indicative of future results. Users should conduct their own due diligence and seek independent financial advice if needed.

By using template strategies on Level2, you acknowledge that you are solely responsible for all trading decisions and outcomes.

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