# FOREX RENEWAL

Takes a breakout candle between 09:00 and 18:00 to define a range and enters trades based on breakouts.

Canonical: https://prismaticalgos.com/compendium/algo/1078-forex-renewal
Record ID: 1078
Catalog rank: 2940 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Unclassified (?)
Source: https://www.prorealcode.com/prorealtime-trading-strategies/forex-renewal-code/
Evidence label (unverified): source_code

## Scope and limitations

These are machine-extracted research records, not verified trading systems. Catalog rank measures specification detail and claimed evidence, not profitability. The catalog extraction pipeline did not independently backtest these records. Its separate selected testing ledger does not validate the wider corpus. Rules, labels and parameters can be incomplete or wrong; consult the original source and its reuse terms.

No endorsement, ownership claim or source-code reuse permission is implied.

## Extraction warnings

No automated warnings recorded; this is not validation.

## Recorded profile

- symbols: EURUSD, GBPUSD
- timeframes: M15
- sessions: 09:00-18:00 GMT
- market_regime: breakout

## Indicators

No indicator stack recorded.

## Recorded long-entry rules

- low > hautcanal

## Recorded short-entry rules

- high < bascanal

## Recorded exit rules

- longonmarket THEN sell at tradeprice + 0.0045 limit or bascanal stop
- shortonmarket THEN exitshort at tradeprice - 0.0045 limit or hautcanal stop

## Recorded filters

- tradeok = 1
- high - low < 0.0045
- time >= 230000 or time < 070000 THEN sell at market or exitshort at market

## Risk controls

- Stop loss: Not specified
- Take profit: 0.0045
- Position sizing: n shares