# Straddle TP/SL EA

Breakout straddle with risk-based position sizing, ATR-adaptive stop loss, and session-hour filtering.

Canonical: https://prismaticalgos.com/compendium/algo/11612-straddle-tp-sl-ea
Record ID: 11612
Catalog rank: 838 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Volatility-Based (G)
Source: https://github.com/minhajul61/Straddle-TP-SL-EA
Evidence label (unverified): backtest_shown

## 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

Claim warnings: HIGH PROFIT FACTOR: claimed 3.01. Treat as an in-sample or curve-fitted figure until reproduced out of sample.

## Recorded profile

- symbols: XAUUSD.sc
- timeframes: M5
- sessions: UTC hours 4,10,11,22,23 excluded
- market_regime: breakout

## Indicators

- ATR: {"period": 14}; applied to: close

## Recorded long-entry rules

- New M5 candle, flat market, Buy Stop above candle's high/low + buffer

## Recorded short-entry rules

- New M5 candle, flat market, Sell Stop below candle's high/low + buffer

## Recorded exit rules

- Trailing stop once profit clears live spread * 0.1, trail distance = 100 points

## Recorded filters

- Session filter
- Min-range filter
- Daily profit/loss limits
- Weekly schedule
- Holiday list
- News filter

## Risk controls

- Stop loss: ATR(14) * 1.5
- Take profit: Not explicitly stated
- Position sizing: % of equity per trade (`InpRiskPercent`, default 0.5%)