# CandleEcho

Trades the direction of the most recently completed candle, holding each position for exactly N candles before closing.

Canonical: https://prismaticalgos.com/compendium/algo/12000-candleecho
Record ID: 12000
Catalog rank: 308 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Grid, Martingale & Averaging (C)
Source: https://github.com/Ugochukwu07/candle_flow
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

Claim warnings: UNBOUNDED LOSS RISK: position sizing recovers losses by adding or multiplying size, and no stop loss is specified. The losing tail of such a system is limited only by account equity.
Opacity warnings: UNDEFINED ENTRY TERM: the entry conditions are prose naming a concept with no numeric definition, so two readers would implement them differently. Advisory only -- this does not affect the score.

## Recorded profile

- symbols: any
- timeframes: any
- sessions: any
- market_regime: any

## Indicators

No indicator stack recorded.

## Recorded long-entry rules

- N candles of upward direction

## Recorded short-entry rules

- N candles of downward direction

## Recorded exit rules

- after N candles

## Recorded filters

- Not specified.

## Risk controls

- Stop loss: Not specified
- Take profit: Not specified
- Position sizing: martingale-style recovery, independent of direction