# PipStraddle

A MetaTrader 5 Expert Advisor that implements a strategy with buy stop and sell stop orders, measuring execution quality.

Canonical: https://prismaticalgos.com/compendium/algo/11676-pipstraddle
Record ID: 11676
Catalog rank: 870 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Trade & Execution Management (K)
Source: https://github.com/smily-sadha/algo-2.0
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: any
- sessions: any
- market_regime: trending|ranging|volatile|breakout|any

## Indicators

No indicator stack recorded.

## Recorded long-entry rules

- buy stop at ask

## Recorded short-entry rules

- Not specified.

## Recorded exit rules

- stop loss at bid (trigger price), stop filled at the requested price

## Recorded filters

- spread measurement
- execution model check

## Risk controls

- Stop loss: at the trigger price itself
- Take profit: 15 points from the trigger price
- Position sizing: 0.05 lot early, scaled to 1.00 lot as balance grew