USDJPY Awesome Oscillator Revolution

USDJPY Awesome Oscillator Revolution USDJPY Awesome Oscillator Revolution USDJPY Awesome Oscillator Revolution
TimeFrame: H1
Profit factor 1.40
Instrument: Forex
Supported platforms: MetaTrader 4, MetaTrader 5, StrategyQuant
Type: Breakout

The UJ_H1_170147110_S_HH_CF_SQX is an algorithmic trading strategy for MetaTrader, tested on USDJPY using the H1 timeframe from April 1, 2004, to April 24, 2024. Key details are:

Parameters
MagicNumber: 170147110
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 when the Awesome Oscillator is below 0.
Short Entry: Triggered when the Awesome Oscillator is above 0.

Entry Rules
Long Entry: Opens long orders at the highest price of the last 30 bars plus 1.60 times the ATR of the last 30 bars, with a SL of 2.6 * ATR(19) and moves SL to break-even at 8 * ATR(14), valid for 9 bars.
Short Entry: Opens short orders at the lowest price of the last 30 bars minus 1.60 times the ATR of the last 30 bars, with a SL of 2.6 * ATR(19) and moves SL to break-even at 8 * ATR(14), valid for 9 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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