Extracted algorithm research record
Brent MACD Bollinger Breakout Strategy
Automated strategy for Brent Crude Oil using MACD and Bollinger Bands for breakout entries and exits.
Source & extraction context
Evidence label: backtest_shown (source claim, not independent verification). Recorded completeness: 80.0/100. Neither is a performance result.
Names identify source records. Inclusion is not an endorsement or a claim of authorship, ownership or reuse permission. Check the source license before reusing any implementation.
Extraction warnings
Build warnings
- MT4_ONLY: the captured source is MQL4 / written for MetaTrader 4. It needs porting (order functions, indicator handles) before it runs on MT5.
Recorded market & execution profile
- Recorded markets
- Brent (Crude Oil)
- Recorded timeframes
- H1
- Recorded sessions
- Friday exit at 19:00 GMT
- Recorded regime
- any
Recorded indicators & parameters
| Indicator | Parameters | Applied to |
|---|---|---|
| MACD | {"fast_period": 24, "signal_period": 9, "slow_period": 26} | close |
| Bollinger Bands | {"applied_to": "close", "deviation": 2.1, "period": 83} | close |
| Bollinger Bands | {"applied_to": "close", "deviation": 2.66, "period": 101} | close |
Extracted strategy rules
Recorded long-entry rules
- MACD Main crosses ABOVE Signal (MACD 24/26/9)
- Open (previous bar) is BELOW the Upper Bollinger Band (Period 83, Deviation 2.1, PRICE_CLOSE)
Recorded short-entry rules
- MACD Main crosses BELOW Signal (MACD 24/26/9)
- Open (previous bar) is ABOVE the Lower Bollinger Band (Period 83, Deviation 2.1, PRICE_CLOSE)
Recorded exit rules
- Fixed Profit Target: 90 pips
- Volatility-based Stop Loss: 2.1 × ATR(25)
- Friday risk control: forced exit on Friday at 19:00 to reduce weekend gap exposure
Recorded filters
- Friday exit at 19:00 GMT
- Stop loss
- 2.1 × ATR(25)
- Take profit
- 90 pips
- Position sizing
- Not specified
Questions about this record
What entry rules are recorded for Brent MACD Bollinger Breakout Strategy?
Long: MACD Main crosses ABOVE Signal (MACD 24/26/9) Open (previous bar) is BELOW the Upper Bollinger Band (Period 83, Deviation 2.1, PRICE_CLOSE) Short: MACD Main crosses BELOW Signal (MACD 24/26/9) Open (previous bar) is ABOVE the Lower Bollinger Band (Period 83, Deviation 2.1, PRICE_CLOSE) These are unverified extracted rules.
Which markets and timeframes are recorded?
Markets: Brent (Crude Oil). Timeframes: H1. These are source-recorded labels, not verified execution behavior.