Extracted algorithm research record
NetFire EA
Dynamic ping-pong trading strategy with customizable trendlines and adaptive lot sizing.
Source & extraction context
Evidence label: source_code (source claim, not independent verification). Recorded completeness: 50.0/100. Neither is a performance result.
Names identify source records. Inclusion is not an endorsement or a claim of authorship, ownership or reuse permission. Check the source license before reusing any implementation.
Extraction warnings
Claim warnings
- RECOVERY SIZING: position size increases after losses (martingale/grid/averaging). Equity curves look smooth until the run that does not recover - judge it on worst-case exposure, not win rate.
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 market & execution profile
- Recorded markets
- all forex pairs
- Recorded timeframes
- any
- Recorded sessions
- any
- Recorded regime
- any
Recorded indicators & parameters
| Indicator | Parameters | Applied to |
|---|---|---|
| No indicator stack was recorded. This does not establish a price-action-only strategy. | ||
Extracted strategy rules
Recorded long-entry rules
- price touches lower line from above (LIMIT mode)
- price touches lower line from below (STOP mode)
- price crosses mid-price (MID mode)
Recorded short-entry rules
- price touches upper line from below (LIMIT mode)
- price touches upper line from above (STOP mode)
- price crosses mid-price (MID mode)
Recorded exit rules
- stop loss defined for every trade
- break-even once trade reaches bep_trigger_pips in profit
- trailing stop to break-even
- controlled recovery with max_attempts
Recorded filters
- Not specified in the extracted record.
- Stop loss
- defined for every trade
- Take profit
- multiple take profit targets set for each trade
- Position sizing
- adaptive lot sizing with progressive lot sizes for recovery trades
Questions about this record
What entry rules are recorded for NetFire EA?
Long: price touches lower line from above (LIMIT mode) price touches lower line from below (STOP mode) price crosses mid-price (MID mode) Short: price touches upper line from below (LIMIT mode) price touches upper line from above (STOP mode) price crosses mid-price (MID mode) These are unverified extracted rules.
Which markets and timeframes are recorded?
Markets: all forex pairs. Timeframes: any. These are source-recorded labels, not verified execution behavior.