Extracted algorithm research record
Candle King EA
Breakout logic with dual pending stops and built-in risk controls and trailing stop logic.
Source & extraction context
Evidence label: source_code (source claim, not independent verification). Recorded completeness: 80.0/100. 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
No automated warnings are recorded in this snapshot. This does not establish that the extraction or system is sound.
Recorded market & execution profile
- Recorded timeframes
- M15, H1, H4
- Recorded sessions
- Not specified
- Recorded regime
- volatile|trending
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
- Place Buy Stop above previous candle’s high
Recorded short-entry rules
- Place Sell Stop below previous candle’s low
Recorded exit rules
- Opposite pending orders auto-cancelled on fill
- Trailing stop with breakeven shift
- SL placed at opposite side of previous candle
- TP based on user-defined pip offset
- Lot size adjusted to broker constraints
Recorded filters
- OnlyOnNewBar execution
- MaxOrderSendRetries for order placement
- Stop loss
- placed at opposite side of previous candle
- Take profit
- based on user-defined pip offset
- Position sizing
- Lot size (auto-normalized to broker requirements)
Questions about this record
What entry rules are recorded for Candle King EA?
Long: Place Buy Stop above previous candle’s high Short: Place Sell Stop below previous candle’s low These are unverified extracted rules.
Which markets and timeframes are recorded?
Markets: XAUUSD, GBPJPY. Timeframes: M15, H1, H4. These are source-recorded labels, not verified execution behavior.