Adaptrade Software. Innovative software for active traders.

Trading can be exciting, rewarding, and profitable, Or, if done wrong, it can be scary, frustrating, and costly. To trade the markets the right way, you need the right tools. Adaptrade Software has those tools — the tools you need to be a better trader.

Adaptrade Builder main window

Adaptrade Builder

Developing trading strategies is hard. Adaptrade Builder can make it easier. Much easier. Adaptrade Builder is an advanced yet user-friendly trading strategy generator for active traders. Using artificial intelligence, Builder can quickly discover, code, and test thousands of unique and complete trading strategies for popular trading platforms, saving you time and money. Includes Adaptrade Editor.

Adaptrade Editor main window

Adaptrade Editor

Do you want to develop trading strategies but are not sure how to program your ideas? Adaptrade Editor can help you. Using drop-down menus, check boxes, and other point-and-click elements, Editor allows you to quickly code your trading ideas for TradeStation, MultiCharts, NinjaTrader 7/8, MetaTrader 4, and AmiBroker. View the formatted strategy code in the code window as you work. Included with Adaptrade Builder.

Market System Analyzer (MSA) main window

Market System Analyzer (MSA)

Position sizing and other money management methods are often cited as key elements of trading success. Yet for most traders, these methods are too complicated and adding them is an afterthought. MSA makes advanced money management methods, such as position sizing optimization and Monte Carlo and portfolio analysis, accessible to any trader so they can be part of your trading plan from the outset.

Builder/Editor, MSA. The tools you need to be a better trader.

Recent Articles from Adaptrade Software

How to Build Effective Breakout Strategies

Breakout trading strategies are one of the most popular and effective types of strategies for many different markets. I thought enough of them to name my first trading business — Breakout Futures — after them. By their nature, breakout strategies are trend-following. They buy or sell when the market breaks above or below a specified price level under the assumption that the market will keep moving in the direction of the breakout. The price levels can be thought of as channels, so these types of strategies are also referred to as channel breakout strategies.

This article discusses the main issues involved in building breakout strategies and demonstrates how to build reliable and robust breakout strategies in Adaptrade Builder, a trading strategy generator. Several different types of breakout strategies are shown, and the strategy code is provided below for each one.

Elements of the Breakout Strategy

All trading strategies should include the following basic elements: (1) entry rules or conditions, (2) rules or conditions for exiting at a profit, and (3) rules or conditions for exiting at a loss. Position sizing and other risk management methods can also be considered, but since these methods are not usually part of the strategy's trading logic and can generally be added after the strategy is developed, I prefer to consider them separately from the strategy itself.