Strategies / Breakout / Keltner Band Breakout With ATR Bracket

Keltner Band Breakout With ATR Bracket

Buys when the close moves above an EMA(30) band set 0.2 times the true range EMA, and sells short below the lower band. Each trade has a stop at 4 times the 14-period ATR and a target at twice that distance.

BreakoutLong & shortSwingUSD/JPYDaily

1.39Profit factor

104,650Net profit USD

40.27%Win rate

976Trades

-10,430Max drawdown

107Avg trade

Best run of 7. USD/JPY, Daily, spread 1, from run pf:2026-10-12-USDJPY-D.tsv:66.

Entry rules, long

The previous signal was not a long.

Entry rules, short

The previous signal was not a short.

Exit rules

An opposite signal reverses the position.
The target sits at twice the stop distance from the entry price.

Test conditions

Period	Up to 2026-10-13
Instrument	USD/JPY, Daily
Spread	1 points
Starting capital	1,000,000
Costs	Spread only. Commissions and overnight financing are not included.
Bars	Up to 200,000 bars, fewer where the instrument has less history
Last tested	2026-10-13

Every run

Markets and timeframes tested

Market	Timeframe	PF	Trades	Win %	Net	Max DD
USD/JPYBest run	Daily	1.39	976	40.27	104,650 USD	-10,430
Silver	4 hours	n/a	2,145	24.15	32,393 USD	-25,510
Nikkei 225	Daily	n/a	843	27.40	28,115 USD	-14,085
Dow Jones	4 hours	n/a	695	28.20	10,550 EUR	-9,451
Nasdaq 100	4 hours	n/a	2,172	25.05	10,069 EUR	-7,471
US Crude Oil	4 hours	n/a	1,559	28.22	7,207 EUR	-5,441
Gold	Daily	n/a	985	25.58	1,001 EUR	-818

Charts

Results by run

Net profitMax drawdown

The code

ProBuilder code, as tested

// ==============================================================
// Keltner Band Breakout With ATR Bracket
// ProRealAlgos Strategy Library  |  prorealalgos.com
// Type: Breakout
// Direction: Long & short
// Timeframe tested: Daily
// ==============================================================

DEFPARAM CumulateOrders = false

ONCE inlong = 0
ONCE inshort = 0

base = ExponentialAverage[30](close)
rangema = ExponentialAverage[30](TR(close))
upperk = base + rangema * 0.2
lowerk = base - rangema * 0.2
myAtr = AverageTrueRange[14](close)
sldist = myAtr * 4
tpdist = sldist * 2

20 more lines: the entry and exit rules.

Setup

How to load it

Copy the code with the copy button on the code block.
In ProRealTime, open a chart of the instrument and timeframe you want to test, then open ProOrder > New trading system and choose "Create with programming".
Paste the code, give the system a name and save it.
Click "Backtest", set your own spread and position size, and run it before you consider trading it live.

Indicators used

ATREMATrue Range

Read this firstKnown weaknesses2 points

Results include the spread only. Commissions and overnight financing are not included.
The code is published as it was backtested and has not been compiled again since.

Questions

About this strategy

Can I run Keltner Band Breakout With ATR Bracket in ProOrder?

Yes. The code is ProBuilder and runs as an automated ProOrder system. Backtest it on your own account with your own spread and position size before trading it live.

Which markets was it tested on?

It was tested on 7 market and timeframe combinations. The best run was USD/JPY, Daily, with a profit factor of 1.39 over 976 trades.

How large was the drawdown?

The best run had a maximum drawdown of 10,430 USD at the tested position size, against a net result of 104,650 USD.

Does it trade long, short or both?

It trades both long and short.

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Trend Surfer

Best run on the same market, USD/JPY.

1.04 PF · 10,813 trades

Volume Spike Direction Trade

Also a breakout strategy.

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Past backtest results do not guarantee future results. This is not financial advice. Curated and maintained by ProRealAlgos. ProRealTime™ is a trademark of ProRealTime SAS. prorealalgos.com Stats Docs