# Gold 1h Intraday Bollinger Breakout with ATR Targets

Buys when the close is below the upper Bollinger Band and above the highest high of the last 53 bars, using ATR for stop loss and take profit.

Canonical: https://prismaticalgos.com/compendium/algo/2378-gold-1h-intraday-bollinger-breakout-with-atr-targets
Record ID: 2378
Catalog rank: 954 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Mean Reversion & Counter-Trend (B)
Source: https://www.prorealcode.com/topic/gold-1h-intraday-bollinger-breakout-with-atr-targets-pf-1-26/
Evidence label (unverified): backtest_shown

## 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: XAUUSD
- timeframes: H1
- sessions: Not specified
- market_regime: trending|volatile

## Indicators

- Bollinger Bands: {"period": 15}; applied to: close
- HIGHEST: {"period": 53}; applied to: high
- AVERAGETRUERANGE: {"period": 9}; applied to: null

## Recorded long-entry rules

- NOT LONGONMARKET AND (CLOSE < BollingerUp[15](close) AND CLOSE > HIGHEST[53](high)[1])

## Recorded short-entry rules

- Not specified.

## Recorded exit rules

- SET STOP LOSS (2.9 * AVERAGETRUERANGE[9])
- SET TARGET PROFIT (5.8 * AVERAGETRUERANGE[9])

## Recorded filters

- Not specified.

## Risk controls

- Stop loss: 2.9 times AVERAGETRUERANGE[9]
- Take profit: 5.8 times AVERAGETRUERANGE[9]
- Position sizing: null