# Concordat

Trades only when three European indices agree on direction, using stop orders and fixed fractional risk management.

Canonical: https://prismaticalgos.com/compendium/algo/10207-concordat
Record ID: 10207
Catalog rank: 1724 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Risk, Money Management & Portfolio Overlays (J)
Source: https://www.mql5.com/en/market/product/199652
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

Opacity warnings: UNDEFINED ENTRY TERM: the entry conditions are prose naming a concept with no numeric definition, so two readers would implement them differently. Advisory only -- this does not affect the score.

## Recorded profile

- symbols: GER40, DE40, DAX40, GER30, FRA40, F40, FR40, CAC40, ITA40, IT40, MIB40, FTSEMIB
- timeframes: M1, D1
- sessions: 09:00 CET / CEST cash open, DST handled in code
- market_regime: trending|ranging|volatile|breakout|any

## Indicators

No indicator stack recorded.

## Recorded long-entry rules

- At least two of the three indices agree on a long direction and at least one is eligible

## Recorded short-entry rules

- At least two of the three indices agree on a short direction and at least one is eligible

## Recorded exit rules

- Deadline of 15 minutes, session flat time, kill gate

## Recorded filters

- News filter
- Spread guard

## Risk controls

- Stop loss: Capped by an ATR multiple
- Take profit: Fixed R multiple
- Position sizing: Fixed-fraction sizing, default 0.5% of equity per trade