# Pivot Trade HLCO/4

Enters long positions when price is in the range between S1 and R1 and below the pivot point, exiting when price reaches the pivot point or target.

Canonical: https://prismaticalgos.com/compendium/algo/3349-pivot-trade-hlco-4
Record ID: 3349
Catalog rank: 2138 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Price Action & Market Structure (E)
Source: https://www.prorealcode.com/topic/pivot-trade-hlco-4/
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: any
- timeframes: M1
- sessions: 00:00-22:00 GMT
- market_regime: trending|ranging|volatile|breakout|any

## Indicators

No indicator stack recorded.

## Recorded long-entry rules

- close > S1
- close < R1
- close < PP
- opentime=070000

## Recorded short-entry rules

- close > PP

## Recorded exit rules

- close >= PP

## Recorded filters

- no trading before 06:59 GMT
- no trading on weekends

## Risk controls

- Stop loss: 400 pips
- Take profit: Trade price if target not reached by 22:00, otherwise pivot point
- Position sizing: 1 contract