# shstar_m5_m15

Trades based on Shooting Star pattern and Donchian Channel wick rejections

Canonical: https://prismaticalgos.com/compendium/algo/11643-shstar-m5-m15
Record ID: 11643
Catalog rank: 2615 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Trend Following & Directional (A)
Source: https://github.com/rohanjq/mt5-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

No automated warnings recorded; this is not validation.

## Recorded profile

- symbols: XAUUSD
- timeframes: M5, M15
- sessions: Not specified
- market_regime: any

## Indicators

- UT Bot: {"mult": 2.0, "period": 10}; applied to: close
- Donchian Channel: {"length": 20}; applied to: close
- Candle Pattern: {}; applied to: close

## Recorded long-entry rules

- M15 DC lower wick rejection + M3 UT Bot BULLISH

## Recorded short-entry rules

- M5 closed candle is a SHOOTING_STAR pattern (upper wick >= 2x body, lower wick < body)

## Recorded exit rules

- Not specified.

## Recorded filters

- Not specified.

## Risk controls

- Stop loss: $7.50 | $5.00
- Take profit: $7.50 | $5.00
- Position sizing: 5.0% risk