GBPUSD Pivots Trend Master

GBPUSD Pivots Trend Master GBPUSD Pivots Trend Master GBPUSD Pivots Trend Master
TimeFrame: H1
Profit factor 1.42
Instrument: Forex
Supported platforms: MetaTrader 4, MetaTrader 5, StrategyQuant
Type: Breakout

The GU_H1_120114111_S_Pi_CF_0712_SQ3 is an algorithmic trading strategy for MetaTrader, tested on GBPUSD using the H1 timeframe from April 1, 2004, to April 24, 2024. Key details are:

Parameters
Main Chart: Current symbol and timeframe

Trading Options
Weekend Trading: Allowed
Daily Exit: Disabled
Friday Exit: Enabled at 21:00
Signal Time Range: Limited to 07:00 – 12:00
Max Trades/Day: No limit
Stop Loss (SL) and Profit Target (PT): Min SL: 15, Max SL: 500, Min PT: 15, Max PT: 500 ticks/pips

Entry Signals
Long Entry: Triggered if no trade has recently closed and QQE is rising for 4 bars, 9 bars ago.
Short Entry: Triggered if no trade has recently closed and QQE is falling for 4 bars, 9 bars ago.

Entry Rules
Long Entry: Opens long orders at the pivot point with a SL of 420 pips, moves SL to break-even at 135 pips, and has a trailing stop of 430 pips. Order is valid for 1 bar.

Short Entry: Opens short orders at the pivot point with a SL of 420 pips, moves SL to break-even at 135 pips, and has a trailing stop of 430 pips. Order is valid for 1 bar.

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