BOx7 TraderShop.Net TOP Ultimate Breakout Quick Start Guide for Tradestation Welcome to the Future of Breakout Trading You now have one of the most powerful breakout strategies in the industry. This Quick Start Guide is designed to get you up and going as quickly as possible. The TOP Ultimate Breakout is designed to identify professional breakout Buy signals or breakout Sell signals in any market and for any timeframe. Before you begin, it is important that you understand how to use this powerful trading tool when trading in the markets. Understand That Trading Involves Both Rewards and Risks Before you begin trading in the markets, it is important to understand that trading involves both the potential for rewards and the risk of loss. Be sure to take time to understand the risks associated with trading in the markets. Although we are very excited about the power of the TOP Ultimate Breakout strategy, it is important that you take time to understand how best to use this professional trading tool. In addition, as with any trading strategy, be sure to take timeto understand the best market environments for the TOP Ultimate Breakout strategy and the market environments that are not recommended for the TOP Ultimate Breakout strategy. There is a risk of loss when trading in the markets and past performance is not necessarily indicative of future results. Now, let’s move on to how to trade with the exciting TOP Ultimate Breakout strategy. Getting Started The TOP Ultimate Breakout can be used to generate Buy signals or Sell signals in any market and on any timeframe. You can use this powerful indicator to trade Stocks, Options, ETFs, Futures, CFDs, and FOREX markets. You can also use this powerful trading strategy with end-of- day price bars (Daily, Weekly, and Monthly) and with intraday price bars (5 minute, 30 minute, 60 minute, 120 minute, tick bars, etc.). The TOP Ultimate Breakout indicator has a number of parameters that you can set in the Format Indicator dialog box (see below). Format Indeton TOP Utimate Breakout x Ganeel ous Alans Se Color Seming Advanced me vee _Boyerel Ser - Buy or Sell Benny 3 j - Set 2 | \ a { = F 1 Modify Profit Targets | Select Line Colors Significant Digits Doran Deut fae zo [Eat Eeerheraueze, OK Caneel Update and Ex4.Unlock Questions. e contact email: ‘Tools@emailicom f we found out,we w share/res! tei Sites. deBOx7 TraderShop.Net Buy Mode To generate Buy Signals, you will need to set the BuyorSell parameter to any of the following inputs: “Buy” “buy” ioe > We tried to make it easy for you by giving you the ability to enter any of the four different convenient inputs to set this indicator to Buy mode. Sell Mode To generate Sell Signals, you will need to set the BuyorSell parameter to any of the following inputs: “Sell” “sell” “se np We tried to make it easy for you by giving you the ability to enter any of the four different convenient inputs to set this indicator to Sell mode. Setting Breakout Lookback Periods There are four parameters that allow you to modify to breakout lookback periods for the TOP Ultimate Breakout strategy. These parameters are: BuyEntry SellEntry BuyExit SellExit Below are summary descriptions of each of these parameters along with their recommended settings. BuyEntry (Buy Mode Only) ~ This sets the lookback period for your Buy Breakout Entry Signal. I this value is set to 1, then the TOP Ultimate Breakout would enter a Buy or Long position when the market breaks above the high of the previous price bar. If this value is set to 5, then the TOP Ultimate Breakout would enter a Buy or Long position when the market breaks above the highest high for of the previous 5 price bars. Update and Ex4.Unlock Questions. se contact email: Z F Z 7 ; No share/resel: : i 3 if we found out,we will banned your account and your IP without no’ ‘XTools@gmail.com Seal aaah ache. all petal scariestBOx7 TraderShop.Net Recommended Default: 3 Recommended Setting Range: | ~ 5 SellEntry (Sell Mode Only) ~ This sets the lookback period for your Sell Breakout Entry Signal. If this value is set to 1, then the TOP Ultimate Breakout would enter a Sell or Short position when the market breaks below the low of the previous price bar. If this value is set to 5, then the TOP Ultimate Breakout would enter a Sell or Short position when the market breaks below the lowest low for of the previous 5 price bars. Recommended Default: 3 Recommended Setting Range: | — 5 BuyExit (Buy Mode Only) — This sets the lookback period for your Buy Trailing Stop Exit. This works similar to the SellEntry setting in that it references previous bar lows, but it uses a slightly different algorithm designed specifically for the Trailing Stop Recommended Default: 20 Recommended Setting Range: 5 ~ 100 SellEntry (Sell Mode Only ~ This sets the lookback period for your Sell Trailing Stop Exit. This works similar to the BuyEntry setting in that it references previous bar highs, but it uses a slightly different algorithm designed specifically for the Trailing Stop. Recommended Default: 20 Recommended Setting Range: 5 ~ 100 Setting Profit Targets You can increase or decrease the distance that Profit Target #1 and Profit Target #2 are located from the entry breakout location of TOP Ultimate Breakout strategy. This is done by modifying the TargetATRMult parameter as described below. The larger this parameter value is the further away the location of the two profit targets from the breakout entry level. The smaller this parameter value is the closer the location of the two profit targets to the breakout entry level. TargetA TRMult — This sets the distance between your breakout entry signal and your Profit Targets. The larger the number, the further away your Profit Targets will be from your entry signal line. Recommended Default: 1 Recommended Range: 0.5 ~ 3 The profit targets are located above the breakout level for Buy signals and the profit targets are located below the breakout level for Sell signals. Update and Ex4.Unlock Questions. se contact email: Z F Z 7 ; No share/resel: : i 3 if we found out,we will banned your account and your IP without no’ ‘XTools@gmail.com Seal aaah ache. all petal scariestDisplay and Color Settings There are a number of additional parameters that enable you to set the display preference for your profit target lines, line colors, and the number of digits for your price levels as described below: DisplayLines — Sct this to True to display the Entry and Profit Target Lines or False to not display these lines, Recommended Default: True Possible Values: True of False BuyEntryColor ~ Sets color of the Buy Entry Dashed Line. Set this to any platform color. (Default Green) SellEntryColor ~ Sets color of the Sell Entry Dashed Line. Set this to any platform color. (Default Red) ExitStopColor — Sets color of the Trailing Stop Line. Set this to any platform color. (Default Blue) Target1 Color ~ Sets color of the Profit Target #1 Line. Set this to any platform color. (Default Yellow) Target2Color — Sets color of the Profit Target #2 Line. Set this to any platform color. (Default Magenta) EntryPriceColor — Sets color of the Entry Price Line. Set this to any platform color. (Default White) Price Digits ~ Sets the significant digits for the prices displayed next to your lines. (Stocks Default: 2, FOREX Default: 4) The parameters described above allow you to modify the characteristics of the TOP Ultimate Breakout strategy. We have set each of these parameters at our recommended default values, so you don’t have to modify these parameter settings to use the TOP Ultimate Breakout strategy, How to Trade with the TOP Ultimate Breakout Strategy It doesn’t matter what markets you trade, the Ultimate Breakout strategy is designed to trade any market including Stocks, Options, ETFs, Futures, and FOREX markets. The chart on the following page displays the different trading lines included in the TOP Ultimate Breakout strategy. This professional trading tool was designed to be easy to leam and easy to use. Update and Ex4.Unlock Questions. se contact emai NO share/resel. if we found out,we will banned your account and your IP without no’ ‘XTools@gmail.com ‘Wie, BLAS eal eek ae ate Sled leadF TraderShop.Net The TOP Ultimate Breakout strategy makes it easy to identify real-time Buy and Sell breakout signals in any market you trade right on your charting window. With clearly defined breakout entry and profit target exit levels, there is no confusion about where to enter or exit your trades. The labels displayed on the chart above highlight the breakout and profit target lines in the TOP Ultimate Breakout strategy Trading the TOP Ultimate Breakout is easy! Here is how it works. If you identify a bullish trade setup and are looking to buy in a market, you would place your Buy Entry Stop at the level of the Dashed Green Line in the chart belowBOx7 TraderShop.Net When this level has been hit by your market, then the TOP Ultimate Breakout strategy will display your Breakout Trading Lines, which include your Entry Line (White), Profit Target # Once your Buy Entry Stop has been hit and you are long the market, then you should consider placing your Risk Management Stop below the solid blue Trailing Stop line (see chart above). Breakout Buy Signal (Green Dashed) and Risk Trail = Dashed Green Line (Buy Stop Eutry Level) g Stop (Solid Blue) Lines Once you are long a market after your Buy Entry Stop is hit, then the TOP Ultimate Breakout trade lines are displayed to make it easy for you to either exit at Profit Targets or exit at your Trailing Stop line: DU Tea See Ten Nees mes Nave Mer Ci eric Tree ca ns CMS Ch eee soe eeeTraderShop.Net Trailing Stop Line 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Below is an example of where you would place your stop in a Sell or Short trade. In this case, the Trailing Stop is positioned above the entry price level and trails prices as the market moves lower. Your Buy Risk Stop would be placed above the blue Trailing Stop Line for short trades Update and Ex4.Unlock Questions. se contact email. ‘XTools@gmail.comTrailing Stop Line ATR Risk Measure ‘The Trailing Stop Line not only displays the initial price level of this trailing stop, but it also displays a powerful Trade Risk ATR metric that measures the distance that the breakout entry level is located from the Trailing Stop Exit Level in terms of Average True Range units (ATR). The following is an example of a Trailing Stop Label 55.31 (1.49 ATR) The Trailing Stop Label above communicates that the breakout entry level is located 1.49 ATR (Average True Range) units away from the Trailing Stop Exit Line. As a general rule, any ATR reading greater than 2.00 ATRs is considered higher risk. In these cases, you may want to consider waiting for the market to correct back toward the Trailing Stop Exit Level before you enter your position, If'a market is experiencing a powerfull enough move, however, the market ‘may not correct before achieving the profit targets. What to Expect Should you expect the TOP Ultimate Breakout strategy to make money on every trade? No. The TOP Ultimate Breakout will have losing trades. No trading strategy can claim to have winning trades every time. However, we believe that the TOP Ultimate Breakout can generate impressive results when combined with high probability trade setups. We recommend that you take the time to master this powerful trading tools. As with any skill in life, the more time you work with the TOP Ultimate Breakout, the more you will learn to master this powerful trading strategy. And we believe that this will go a long ways in helping you to consistently achieve profitability in the markets. Keep in mind that you many have streaks of winning trades and streaks of losing trades. The key is to think in terms of probabilities. Be selective with your trading opportunities. We believe that one of the most powerful ways to trade any market is to combine high probability trade setups with powerful trading signals, like those generated from the TOP Ultimate Breakout strategy. If you trade the TOP Ultimate Breakout in the forecasted direction of high probability trade setups, then we believe that you can achieve consistent profitability over time. Designed to Cut Losses and offer Multiple Profit Exits Any professional trader or hedge fund manager will tell you that you must cut your losses. The TOP Ultimate Breakout is designed with this age old trading wisdom in mind. If the TOP Ultimate Breakout is wrong on a trade, it is designed to get you out quickly. If the TOP Ultimate Breakout has a winning trade, it is designed to give you the flexibility to exit winning trades at one of three possible exit locations, including Profit Target #1, Profit Target #2, or the Trailing Stop. Update and Ex4.Unlock Questions. se contact emai : i 3 if we found out,we will banned your account a ‘XTools@gmail.com ‘Wie BAAS eek ak anTraderShop.Net The easy-to-use TOP Ultimate Breakout puts advanced trading technology right on your chart, with the goal of giving you a major advantage over other traders in the markets! How We Like to Trade the TOP UI When it comes to profiting in the markets, you want to put the odds for suecess in your favor. A well designed approach to trading that leverages the power of the TOP Ultimate Breakout strategy can be a powerful approach to achieving consistent profitably in the markets. ate Breakout We believe that one of the most powerful ways to trade the markets includes combining high probability trade setups with rule-based trade signals, like those generated by the TOP Ultimate Breakout strategy. One way to trade is to look for high probability trade setups on a longer-term timeframe and then apply the TOP Ultimate Breakout strategy on a shorter-term timeframe, similar to the Soybeans example above. We also recommend not trading against the trend unless you have a very reliable counter-trend trade setup. Trading in the same direction of the trend will put the odds in your favor. In addition, you do not want to trade after a setup has expired. In other words, every trade setup has an effective forecasting period called a shelf life. Once a trade setup shelf life has expired, then you do not want to continue taking trades based on the trade setup because the effectiveness of the trade setup has dissipated and you no longer haye a trading edge based on the setup. It is not a good idea to trade in choppy, sideways markets where there is little price volatility We recomment that you select markets that are experiencing good directional volatility when trading with the TOP Ultimate Breakout strategy. Be sure to read the Hypothetical Risk Disclaimer at the end of this guide. Past performance is kets. not necessarily indicative of future results and there is a risk of loss when trading in the ma Update and Ex4.Unlock Questions. se contact email. ‘Tools@emailicomBOx7 TraderShop.Net TOP Ultimate Breakout Trading Example Many trading strategies are not made for Day Trading markets using 5 minute charts. The TOP Ultimate Breakout is different. The TOP Ultimate Breakout can be great for trading 5 minute charts across a number of markets, including ETFs, like in the DIA ETF in the example below. Of the three trades displayed above, the TOP Ultimate Breakout made maximum profits on the first and third trades as these trades hit both Profit Target #1 and Profit Target #2. The middle trade was a losing trade. The Buy example in the DIA chart above shows the power of the TOP Ultimate Breakout to trade short-term time frames like 5 minute price bars. How is that for power and flexibility! But it gets better! Not only can the TOP Ultimate Breakout be used for Day Trading with Buy ignals, but you can also use the TOP Ultimate Breakout to profit on Sell or Short Signals as well. See the DIA Sell Signal example below‘The TOP Ultimate Breakout works exactly the same way with short trades as with long trades, except the lines are positioned in reverse, with the Trailing Stop line above you Sell Entry Level and the Profit Targets below your Sell Entry Level. IMPORTANT NOTICE AND DISCLAIMER Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don't trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy or Sell stocks, options, futures, of FOREX. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results. TopTradeTools.com, including any of its affiliates, will not be liable for any indirect. incidental, or consequential losses or damages which may include but are not limited to any kind of losses or lost profits that may result from either technology or material. No representation is being made that the use ofthis strategy or any system or trading methodology will generate profits. Past performance is not necessarily indicative of future results. There is substantial risk of loss associated with trading securities and options on equities, options, futures, and FOREX markets. Only risk capital should be used to trade. Trading securities is not suitable for everyone. Disclaimer: posted on this website or in our presentations. CFTC RULE 4.41 ~- HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULAT*ED 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, Update and Ex4.Unlock Questions. se contact email. ‘XTools@email.com