60M BREAKOUT NQ TRADING SYSTEM

The 60M Breakout NQ 2020 trading system trades the Nasdaq futures market by entering trades as the market moves higher. As of November 6, 2021, we have added a Monthly Stop Loss to this setup.

There are two variations of this strategy. The A version is more conservative entering trades and used a tighter stop loss while the B version was more aggressive in its entry and uses a bigger stop loss. 

This strategy is developed for Tradestation and Multicharts and takes long only trades. 

TRADESTATION SETUP

We go over the data and input settings for Tradestation in this video.

On November 6, 2021, we are adding a Monthly Stop Loss Limit and a Friday Exit to the inputs. The Monthly Stop Loss will be set to $5,000 for the A version. Using this setting does not change the historical backtest but has been added to the strategy for any future potential risk of worse case drawdowns on a monthly basis. 

The B version still includes the Monthly Stop Loss set to False as well as the Monthly Stop Loss set to True with a value of $7,000. The Monthly Stop Loss is based on a closed trade basis and would still enter a trade using a $1400 stop loss if it were down $6999 on the month. 

The Friday Exit input has been added as well but is set to False by default.

Any of the inputs can be customized on the user side.

60M Breakout NQ 2020 A
$5,000 Monthly Stop Loss

$500 Stop Loss/$1500 Profit Target
Hypothetical Tradestation 
Performance Summary
No Slippage or Commission
01/01/2003 - 11/05/2021
Tradestation Performance Summary
60M Breakout NQ 2020 B
Monthly Stop Loss = False
$1400 Stop Loss/$1500 Profit Target
Hypothetical Tradestation 
Performance Summary
No Slippage or Commission
01/01/2003 - 11/05/2021
60M Breakout NQ 2020 B
$7,000 Monthly Stop Loss
$1400 Stop Loss/$1500 Profit Target
Hypothetical Tradestation 
Performance Summary
No Slippage or Commission
01/01/2003 - 11/05/2021
Annual Subscription
An annual subscription is the easiest way to get started. We do  not offer monthly subscriptions since strategies can go through multi-month losing streaks. An annual subscription will license you up to 4 contracts per market that you subscribe.
Lifetime License
The lifetime license doesn't limit the number of contracts traded and can be traded on all stock index futures. The code is closed and the strategy remains proprietary but the code will never expire. 
Contact Us
Contact Us to get the latest results or to send us any questions that you may have about this strategy. Many of our individual strategies are included in the Market Portfolios. 

A software subscription to trade this for your account requires a brokerage account and the Tradestation or Multicharts platform.
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U.S. Government Required Disclaimer - Commodity Futures Trading Commission. Futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results

CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY, SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.