# GBPUSD Adaptive Trailing Stop Strategy (with SmartATR MT5)

**Instrument:** GBPUSD  
**Timeframe:** 1 hour (works on 30min, H4 as well)  
**Indicator:** SmartATR MT5 (default or custom parameters)

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## Strategy Description

This strategy uses SmartATR MT5 to dynamically trail stops on GBPUSD trades, letting you stay in strong moves while protecting profits during volatility surges.

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### Entry Rules

- **Buy:**  
  Enter long based on your primary signal (e.g. moving average crossover, trendline break, etc.)
- **Sell:**  
  Enter short based on your primary signal.

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### Trailing Stop Logic

- **Activate trailing stop** as soon as the trade is in profit by at least 1 x SmartATR.
- **Trailing distance:**  
  For long trades, set your stop loss at (Current Bid - 1.2 x SmartATR).
  For short trades, set your stop loss at (Current Ask + 1.2 x SmartATR).
- **Update the trailing stop:**  
  On every new candle/bar, recalculate SmartATR and move the stop accordingly (never move stop away from the open).

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### News Filter

- **Avoid stop movement** on bars highlighted as news events (orange/red in SmartATR).
- Optionally, consider closing or hedging trades during major news events.

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### Example Pseudocode