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Strategies / Breakout / SSL WaveTrend Keltner Breakout

SSL WaveTrend Keltner Breakout

Buys when an SSL channel flips up together with a WaveTrend cross inside the Keltner channel, and sells short on the mirror setup. Each trade has a 1.7 times ATR(14) stop and a target at 2.5 times the stop distance.

BreakoutLong & shortIntradayGold2 min
n/aProfit factor
1,016Net profit EUR
28.51%Win rate
1,757Trades
-539Max drawdown
0.58Avg trade

Best run of 11. Gold, 2 min, spread 0.6, from run sweeps:2026-10-07-GOLD-2m-opt.tsv:12.

Entry rules, long

  1. The SSL channel (10-period high and low averages) flips up on the same bar.
  2. WaveTrend (10, 21, signal SMA 4) crosses above its signal line.
  4. The bar's high and low stay inside the Keltner Channel (20-period EMA plus or minus 1.5 times ATR(10)).
  5. The candle body is at most 1% of price.
  6. The target does not sit above the EMA(200) when the close is below it.

Entry rules, short

  1. The SSL channel (10-period high and low averages) flips down on the same bar.
  2. WaveTrend (10, 21, signal SMA 4) crosses below its signal line.
  4. The bar's high and low stay inside the Keltner Channel (20-period EMA plus or minus 1.5 times ATR(10)).
  5. The candle body is at most 1% of price.
  6. The target does not sit below the EMA(200) when the close is above it.

Exit rules

  2. The target sits 2.5 times the stop distance from the entry price.
  3. A stop or target hit ends the trade, and a new entry needs a new signal.

Test conditions

PeriodUp to 2026-10-07
InstrumentGold, 2 minutes
Spread0.6 points
Starting capital1,000,000
CostsSpread only. Commissions and overnight financing are not included.
BarsUp to 200,000 bars, fewer where the instrument has less history
Last tested2026-10-10

Every run

Markets and timeframes tested

MarketTimeframePFTradesWin %NetMax DD
GoldBest run2 minn/a 1,75728.511,016 EUR-539
USD/JPYDailyn/a 6839.717,190 USD-1,020
Nikkei 225Dailyn/a 4040.005,944 USD-2,340
DAX 404 hoursn/a 18630.652,645 EUR-2,193
DAX 40Dailyn/a 4831.252,547 EUR-2,339
Nasdaq 1004 hoursn/a 15429.222,107 EUR-1,998
Brent CrudeDailyn/a 944.441,086 EUR-754
Gold4 hoursn/a 17132.16765 EUR-254
Gold1 hourn/a 89629.58709 EUR-453
S&P 500Dailyn/a 4839.58615 EUR-310
GoldDailyn/a 5444.44384 EUR-127

Charts

Results by run

Top 10 of 11 runs. The full list is in the table above.

Net profitMax drawdown

The code

ProBuilder code, as tested

// ==============================================================
// SSL WaveTrend Keltner Breakout
// ProRealAlgos Strategy Library  |  prorealalgos.com
// Type: Breakout
// Direction: Long & short
// Timeframe tested: 2 minutes
// ==============================================================

DEFPARAM CumulateOrders = false

ONCE hlv = 0
ONCE inlong = 0
ONCE inshort = 0
ONCE slprice = 0
ONCE tpprice = 0
ONCE ci = 0

ap = TypicalPrice
esa = ExponentialAverage[10](ap)
myD = ExponentialAverage[10](ABS(ap - esa))

95 more lines: the entry and exit rules.

Setup

How to load it

  1. Copy the code with the copy button on the code block.
  2. 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".
  3. Paste the code, give the system a name and save it.
  4. Click "Backtest", set your own spread and position size, and run it before you consider trading it live.

Indicators used

ATREMASMAHull MAWMAKeltner ChannelTrue Range
Read this firstKnown weaknesses2 points
  • No profit factor is available, because only sweep results exist for this strategy.
  • The maximum drawdown of 539 EUR is large next to the net profit of 1,016 EUR.

Questions

About this strategy

Can I run SSL WaveTrend Keltner Breakout 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 11 market and timeframe combinations. The best run by trade count was Gold, 2 minutes, with 1,757 trades.

How large was the drawdown?

The best run had a maximum drawdown of 539 EUR at the tested position size, against a net result of 1,016 EUR.

Does it trade long, short or both?

It trades both long and short.

Related

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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.comStatsDocs