# Monday Band Entry

A trading strategy focusing on selective buying opportunities within a weekday window, using price bands to assess the setup.

Canonical: https://prismaticalgos.com/compendium/algo/10204-monday-band-entry
Record ID: 10204
Catalog rank: 1633 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Mean Reversion & Counter-Trend (B)
Source: https://www.mql5.com/en/market/product/200437
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: EURUSD
- timeframes: M30, H2, M1
- sessions: Not specified
- market_regime: Not specified

## Indicators

- Bollinger Bands: {"deviation": 1.0, "period": 10}; applied to: close
- ATR: {"period": 14}; applied to: close
- ADX: {"period": 14}; applied to: close

## Recorded long-entry rules

- InpEntryDay = 1
- InpEntryEndHour = 22
- Price within upper Bollinger Band
- Volatility below InpTriggerAtrMult * ATR(InpTriggerAtrPeriod)

## Recorded short-entry rules

- Not specified.

## Recorded exit rules

- Trailing stop at InpTrailAtrMult * ATR(InpTrailAtrPeriod)
- Take profit at InpTPAtrMult * ATR(InpTriggerAtrPeriod)
- Close on InpExitHour = 23

## Recorded filters

- MaxSpread 0
- CloseBeforeWeekend false
- CloseOnDayEndHour 0
- MaxTradesPerDay 0

## Risk controls

- Stop loss: Initial stop at InpStopAtrMult * ATR(InpStopAtrPeriod)
- Take profit: Target at InpTPAtrMult * ATR(InpTriggerAtrPeriod)
- Position sizing: 1% of fixed 10,000 reference capital = 100 account-currency units of planned initial-stop risk per trade