# Buy-Sell Alert Trend Trading System

Enters long when the buy Alert and arrow alert are blue, enters short when they are red, exits on arrow reversal.

Canonical: https://prismaticalgos.com/compendium/algo/10863-buy-sell-alert-trend-trading-system
Record ID: 10863
Catalog rank: 1158 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Mean Reversion & Counter-Trend (B)
Source: https://www.forexstrategiesresources.com/metatrader-trading-system-mt4/87-how-to-use-cap-channel-mt4-tradingview/
Evidence label (unverified): source_code

## 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

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 profile

- symbols: any
- timeframes: H4
- sessions: Not specified
- market_regime: any

## Indicators

- T3: {}; applied to: null
- Snake: {}; applied to: null
- Buy-Sell alert: {"risk": 8}; applied to: null
- Unicross: {}; applied to: null

## Recorded long-entry rules

- when the buy Alert is blue and the arrow alert is blue enter long at open next bar

## Recorded short-entry rules

- when the buy Alert is red and the arrow alert is red enter short at open next bar

## Recorded exit rules

- when reverse the arrow

## Recorded filters

- Not specified.

## Risk controls

- Stop loss: null
- Take profit: null
- Position sizing: set risk 8