Gold Bull's Power Trader

Gold Bull's Power Trader Gold Bull's Power Trader Gold Bull's Power Trader
TimeFrame: H4
Profit factor 1.63
Instrument: Forex
Supported platforms: MetaTrader 4, MetaTrader 5, StrategyQuant
Strategy indicators: Download
Type: Breakout

The XU_H4_910440109_S_PS_CF_SQX is an algorithmic trading strategy for MetaTrader, tested on XAUUSD (Gold) using the H4 timeframe from April 1, 2004, to April 24, 2024. Key details are:

Parameters
MagicNumber: 910440109
Main Chart: Current symbol and timeframe

Trading Options
Weekend Trading: Allowed
Daily Exit: Disabled
Friday Exit: Enabled at 21:00
Max Trades/Day: No limit
Stop Loss (SL) and Profit Target (PT): No predefined limits

Entry Signals
Long Entry: Triggered by a downward change in 10-period Bulls Power.
Short Entry: Triggered by an upward change in 10-period Bears Power.

Entry Rules
Long Entry: Opens long orders based on ParabolicSAR and Bollinger Bands Width Ratio with a SL of 3.4 * ATR(32) and a trailing stop of 550 pips, valid for 44 bars.
Short Entry: Opens short orders based on ParabolicSAR and Bollinger Bands Width Ratio with a SL of 3.4 * ATR(32) and a trailing stop of 550 pips, valid for 44 bars.

Exit Rules
Long Exit: Closes full position if market is long and no LongEntrySignal is active.
Short Exit: Closes full position if market is short and no ShortEntrySignal is active.

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