Time-Zone Pivot Breakout System with Fixed Holding-Time Exits

Summary

This expert advisor trades signals from the TimeZonePivotsOpenSystem indicator. It enters when a bar closes after a channel breakout and adds an optional time-based exit: a position closes once its holding period exceeds a configured limit, which defaults to 1,500 minutes. The description says the system is intended for charts at M30 or lower and requires the compiled indicator file for the advisor to run.

The document reports a test on EURUSD at M30 for 2017 using default advisor settings, with no stop loss or take profit. It does not state numerical test outcomes in the supplied text, so the evidence cannot establish profitability or risk characteristics. The result is specific to one currency pair, timeframe, and test period; there is no discussion of transaction costs, robustness, or comparisons with other exit rules. The fixed-time exit is the main extension over an earlier version of the advisor.

Key ideas

• The system enters after a bar closes on a channel breakout signal from a time-zone pivot indicator.
• An optional holding-time rule closes positions after a fixed elapsed period, defaulting to 1,500 minutes.
• The advisor is described for timeframes up to M30 and depends on a separately compiled indicator.
• The cited EURUSD M30 test covers 2017 and uses no stop loss or take profit.
• No numerical performance results or robustness analysis are included in the text.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.