{
  "id": 11563,
  "rank": 1057,
  "name": "Candle King EA",
  "aka": [
    "Candle_King_StopOrder_Fixed.mq5"
  ],
  "family": "K",
  "subtype": "K4",
  "one_liner": "Breakout logic with dual pending stops and built-in risk controls and trailing stop logic.",
  "market_regime": "volatile|trending",
  "timeframes": [
    "M15",
    "H1",
    "H4"
  ],
  "symbols": [
    "XAUUSD",
    "GBPJPY"
  ],
  "sessions": [
    "null"
  ],
  "indicators": [],
  "entry_long": [
    "Place Buy Stop above previous candle’s high"
  ],
  "entry_short": [
    "Place Sell Stop below previous candle’s low"
  ],
  "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"
  ],
  "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_size": "Lot size (auto-normalized to broker requirements)",
  "evidence_type": "source_code",
  "completeness": 80.0,
  "signal_warnings": null,
  "claim_warnings": null,
  "opacity_warnings": null,
  "build_warnings": null,
  "canonical": "https://prismaticalgos.com/compendium/algo/11563-candle-king-ea",
  "snapshot": "2026-10-31 15:46 UTC",
  "source_url": "https://github.com/Arjun-1337/Candle-King-EA",
  "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."
}
