High Low Breakout Strategy is one of the easy and most profit making strategy. But you need to follow the rules and stock selection need to to proper.
Advantage : No Need to watch chart continuously.
Steps for trading strategy
- Mark 1st 15 Min High & 1st 15 Min Low.
- Buy Rule : 1st 15Min High + 0.05
- Sell Rule : 1st 15Min Low – 0.05
- Stop Loss
- Buy Stoploss is 1st 15Min Low + 0.05
- Sell Stoploss is 1st 15Min High + 0.05
- Target :
- T1 = 0.75% of Range
- T2 = 1.25 of Range
- T3 = 15 Min Before Market close.
Example :
On 24-May-2019 : Dabur India

Step 1 : Mark 1st 15 Min High & 1st 15 Min Low.
High : 393.95
Low : 388.00
Step 2 : Buy Rule : 1st 15Min High + 0.05
Buy Rule : 393.95 + 0.05 = 394
Step 3 : Sell Rule : 1st 15Min Low – 0.05
Sell Rule : 388.00 – 0.05 = 387.95
Step 4: Stoploss
Once we place both Order then if any one execute then second one work as stoploss for that
Step 5: Target
Range = 6.05
T1 = 0.75 of Range = 0.75 * 6.05 = 4.55 = 394 + 4.55 = 398.55
T2 = 1.25 of Range = 1.25 * 6.05 = 7.55 = 394 + 7.55 = 401.55
T3 = 15 Min Before Market close. = 399.50
As you can see in image it reach T1, T2 Both and at T3 it is also in profit..
Note : Stock Selection Important for it.