{
  "id": 1273,
  "rank": 2966,
  "name": "Last Minute Bar",
  "aka": [
    "LastMinuteBar-Strategy"
  ],
  "family": "B",
  "subtype": "B2",
  "one_liner": "Shorts entries in the last minute of European trading session when the market is overbought.",
  "market_regime": "trending",
  "timeframes": [
    "null"
  ],
  "symbols": [
    "DAX",
    "FTSE",
    "Dow Jones"
  ],
  "sessions": [
    "European last minute market 15:00-18:00 GMT"
  ],
  "indicators": [
    {
      "name": "SMA",
      "params": {
        "period": 6
      },
      "applied_to": "close"
    },
    {
      "name": "SMA",
      "params": {
        "period": 23
      },
      "applied_to": "close"
    },
    {
      "name": "ATR",
      "params": {
        "period": 50
      },
      "applied_to": "range"
    }
  ],
  "entry_long": [
    "null"
  ],
  "entry_short": [
    "time > 150000 and time < 180000 and SMA1 < SMA2 and lowest[50](SMA1 < SMA2) = 1"
  ],
  "exit_rules": [
    "IF (Barindex-TRADEINDEX)>5+Kt and (close-TRADEPRICE)/pipsize > stoplosslong THEN SELL AT MARKET",
    "IF (Barindex-TRADEINDEX)>7+Kt and (close-TRADEPRICE)/pipsize > 0.5*stoplosslong THEN SELL AT MARKET",
    "IF (Barindex-TRADEINDEX)>9+Kt and (close-TRADEPRICE)/pipsize > 0 THEN SELL AT MARKET",
    "IF (Barindex-TRADEINDEX)>11+Kt and (close-TRADEPRICE)/pipsize < 0 THEN SELL AT MARKET"
  ],
  "filters": [
    "null"
  ],
  "stop_loss": "min( (close-low+myATR)/pipsize , maxrisk0)",
  "take_profit": "Kp*stoplosslong",
  "position_size": "1 CONTRACTS",
  "evidence_type": "source_code",
  "completeness": 80.0,
  "signal_warnings": [
    "TIME-ONLY ENTRY: the entry conditions reference only clock time or session, with no market condition. This opens positions on a schedule."
  ],
  "claim_warnings": null,
  "opacity_warnings": null,
  "build_warnings": null,
  "canonical": "https://prismaticalgos.com/compendium/algo/1273-last-minute-bar",
  "snapshot": "2026-10-31 15:46 UTC",
  "source_url": "https://www.prorealcode.com/prorealtime-trading-strategies/last-minute-bar-strategy/",
  "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."
}