TopTradeTools – Ultimate Breakout course with special price just for you: $997 $123
TOP Ultimate Breakout
Easy-To-Use super indicator! You can now get advanced hedge fund caliber breakout trading technology developed for both new and professional traders! The TOP Ultimate Breakout strategy can be used to trade Stocks, Options, Futures, Forex, ETFs, and CFDs. Applications for Day Trading, Swing Trading, and Trend Trading.
Designed after an actual Hedge Fund breakout strategy that we used to manage millions of dollars of real money in the markets. The predecessor to the TOP Ultimate Breakout strategy helped us win Hedge Fund Star Search honors. In fact, the TOP Ultimate Breakout strategy could be one of the most powerful breakout strategies available!
We have worked hard to make a good thing better! We have made powerful enhancements to our original core breakout trading strategy concept by incorporating multiple profit target levels along with our modified trailing stop algorithm. The result is a powerful, easy-to-use breakout trading strategy that can be used to trade many different types of markets.
Placing risk stops in the markets is one of the most challenging aspects of trading. The TOP Ultimate Breakout has a powerful Trailing Stop algorithm that is designed to show you where to place your initial Risk Stops and, in addition, is designed to trail the market if prices move in your anticipated direction for profitable trades.
Once the TOP Ultimate Breakout Trailing Stop moves past your entry price level, then you should have a risk free trade if you place your stop above your entry level (assuming that the market does not gap through your stop).
Because professional trading involves limiting losses, the TOP Ultimate Breakout strategy enables you to quickly and easily identify a strategic location to place your Risk Stop.
Notice in the chart below that for a Buy or Long position, the Trailing Stop follows price action as the trade becomes profitable. While the Trailing Stop initially acts as a risk management stop, it transforms into a trailing stop and becomes a great tool to lock in profits once prices move above (for long trades) your entry price level or below (for short trades) your entry price level.
When you find markets experiencing higher volatility, the TOP Ultimate Breakout can be used in volatile markets to capture sizable profits in day trading. In the TSLA example below, you can see several trade examples using 15-minute price bars.
In the above TSLA example, after experiencing an initial loss of $0.98 per share on the first trade, the TOP Ultimate Breakout had four winning trades in a row. Including the first losing trade and the four winning trades, the TOP Ultimate Breakout generated gross profits of $35.67 per share (not including commission and trading costs). Not bad for a volatile rally in TSLA stock!
Indicator available for Trade Station, Think or Swim, Ninja Trader, Sierra Charts, and eSignal
The TOP Ultimate Breakout can also be used to trade bonds and futures contracts. As stated previously, the best way to trade the TOP Ultimate Breakout strategy is to combine this strategy with high probability trade setups.
In the example below, we are displaying the last 10 trades from the 30-year bond futures on a 15 minute price chart. The chart below shows that bonds were extremely choppy and drifting downward, which makes this market a challenging candidate for buy signals.
Again, this is not a good example of a strategic trade entry based on high probability trade setups. This serves as an example to showcase the TOP Ultimate Breakout capabilities by taking all of the past 10 trades from the 30-year bonds, which demonstrates the effectiveness of the TOP Ultimate Breakout strategy even in tough, choppy market conditions.
As you can see, there are a number of losing trades mixed in with a few winning trades. The resulting profits or losses from each trade and for the combined total trades are displayed below in the bar chart. Notice that the winners, on average, were larger than the losers. The TOP Ultimate Breakout is designed to limit losing trades, which is key for long-term trading success.
There were five winning trades and five losing trades in the 30-year bond trading example above. Profits were calculated by using the max profit exit between Profit Target #1, Profit Target #2, or the Trailing Stop. If only Profit Target #1 was hit, we used this exit level. If the Trailing Stop was most profitable, we used this exit level.
If no profit targets were hit, then trades were automatically exited at the Trailing Stop level. We did this to showcase the profit potential of the TOP Ultimate Breakout strategy. This example is a good reminder that there will be losing trades when trading in the markets.
In the 30-year bond example above, the TOP Ultimate Breakout was able to generate a total net profit of $3,158 per contract (not including commissions and trading fees) from the 10 trades. Again, this is not the way we recommend trading the TOP Ultimate Breakout strategy.
However, because the TOP Ultimate Breakout is designed to cut losses short and offer multiple exit options for profitable trad
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