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Strategies / Breakout / Typical Price Keltner Breakout Long

Typical Price Keltner Breakout Long

The system buys when close breaks above an upper band built from EMA(10) of typical price plus 0.5 times ATR(10), with volume above its 20-bar average and price above SMA(200). It exits at market when close falls below the basis or 2% below entry.

BreakoutLong onlySwingNasdaq 1004 hours
1.44Profit factor
11,564Net profit EUR
40.33%Win rate
553Trades
-2,066Max drawdown
20.91Avg trade

Best run of 12. Nasdaq 100, 4 hours, spread 3, from run pf:2026-10-12-NAS100-4h.tsv:7.

Entry rules, long

  2. Close is above the prior bar's close.
  3. Volume is above its 20-bar simple average.
  4. Close is above the 200-period SMA.

Exit rules

  2. The long is also sold at market when close is more than 2% below the position price.

Test conditions

PeriodUp to 2026-10-12
InstrumentNasdaq 100, 4 hours
Spread3 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 tested2026-10-12

Every run

Markets and timeframes tested

MarketTimeframePFTradesWin %NetMax DD
Nasdaq 100Best run4 hours1.44 55340.3311,564 EUR-2,066
USD/JPYDailyn/a 15137.09414,590 USD-118,960
USD/JPY1 hourn/a 2,68033.99313,990 USD-122,080
Silver4 hoursn/a 80832.8023,851 USD-11,558
Nasdaq 100Dailyn/a 14646.587,677 EUR-1,975
DAX 404 hoursn/a 51336.657,251 EUR-2,219
Nasdaq 1001 hourn/a 1,64839.756,970 EUR-2,943
Dow Jones4 hoursn/a 34036.475,309 EUR-3,634
Gold4 hoursn/a 91236.622,190 EUR-799
GoldDailyn/a 15733.761,371 EUR-931
S&P 500Dailyn/a 14247.891,163 EUR-982
S&P 5004 hoursn/a 57136.781,121 EUR-575

Charts

Results by run

Top 10 of 12 runs. The full list is in the table above.

Net profitMax drawdown

The code

ProBuilder code, as tested

// ==============================================================
// Typical Price Keltner Breakout Long
// ProRealAlgos Strategy Library  |  prorealalgos.com
// Type: Breakout
// Direction: Long only
// Timeframe tested: 4 hours
// ==============================================================

DEFPARAM CumulateOrders = false

basis = ExponentialAverage[10](TypicalPrice)
myAtr = AverageTrueRange[10](close)
upper = basis + 0.5 * myAtr

17 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

EMAATRVolumeSMA
Read this firstKnown weaknesses2 points
  • The code sets no stop loss, so a losing trade stays open until an exit signal arrives.
  • Results include the spread only. Commissions and overnight financing are not included.

Questions

About this strategy

Can I run Typical Price Keltner Breakout Long 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 12 market and timeframe combinations. The best run was Nasdaq 100, 4 hours, with a profit factor of 1.44 over 553 trades.

How large was the drawdown?

The best run had a maximum drawdown of 2,066 EUR at the tested position size, against a net result of 11,564 EUR.

Does it trade long, short or both?

It only takes long trades.

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See how ProRealAlgos combines strategies like this into one automated portfolio.

Copy trading on US indices is available to ProRealAlgos members as spots open.

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