# yesterday_candle

Trade breakouts relative to yesterday’s candle body on the Daily timeframe, with directional permission from two higher timeframes.

Canonical: https://prismaticalgos.com/compendium/algo/11567-yesterday-candle
Record ID: 11567
Catalog rank: 801 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Trend Following & Directional (A)
Source: https://github.com/hibeenovul/yesterday_candle
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

No automated warnings recorded; this is not validation.

## Recorded profile

- symbols: default current chart symbol
- timeframes: D1, H1, H4
- sessions: optional session filter with StartHour and EndHour
- market_regime: breakout

## Indicators

- EMA: {"applied_to": "close", "period": "Fast Period"}; applied to: HTF1 and HTF2
- EMA: {"applied_to": "close", "period": "Slow Period"}; applied to: HTF1 and HTF2

## Recorded long-entry rules

- Signal TF closed bar strictly above YBH for the day
- HTF1 and HTF2 both have Fast MA > Slow MA on their most recent closed bars

## Recorded short-entry rules

- Signal TF closed bar strictly below YBL for the day
- HTF1 and HTF2 both have Fast MA < Slow MA on their most recent closed bars

## Recorded exit rules

- Stop Loss, Take Profit, Two-Stage Trailing Stop

## Recorded filters

- Max Spread
- ATR Regime Filter

## Risk controls

- Stop loss: ATR-based: ATR on D1 × user multiplier; Fixed Points: user-defined points
- Take profit: R-multiple: TP distance = SL distance × user R multiple; ATR-based: TP distance = ATR on D1 × user multiplier
- Position sizing: Fixed Lots or Risk % of balance