# Last Minute Bar

Shorts entries in the last minute of European trading session when the market is overbought.

Canonical: https://prismaticalgos.com/compendium/algo/1273-last-minute-bar
Record ID: 1273
Catalog rank: 2966 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Mean Reversion & Counter-Trend (B)
Source: https://www.prorealcode.com/prorealtime-trading-strategies/last-minute-bar-strategy/
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

Signal warnings: TIME-ONLY ENTRY: the entry conditions reference only clock time or session, with no market condition. This opens positions on a schedule.

## Recorded profile

- symbols: DAX, FTSE, Dow Jones
- timeframes: Not specified
- sessions: European last minute market 15:00-18:00 GMT
- market_regime: trending

## Indicators

- SMA: {"period": 6}; applied to: close
- SMA: {"period": 23}; applied to: close
- ATR: {"period": 50}; applied to: range

## Recorded long-entry rules

- Not specified.

## Recorded short-entry rules

- time > 150000 and time < 180000 and SMA1 < SMA2 and lowest[50](SMA1 < SMA2) = 1

## Recorded 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

## Recorded filters

- Not specified.

## Risk controls

- Stop loss: min( (close-low+myATR)/pipsize , maxrisk0)
- Take profit: Kp*stoplosslong
- Position sizing: 1 CONTRACTS