# Wyckoff Cause and Effect — P&F Price Targets

Automates Wyckoff's accumulation and distribution patterns using Point and Figure (P&F) charts to calculate take profit targets.

Canonical: https://prismaticalgos.com/compendium/algo/126-wyckoff-cause-and-effect-p-f-price-targets
Record ID: 126
Catalog rank: 52 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Price Action & Market Structure (E)
Source: https://www.mql5.com/en/articles/22472
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

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: EURUSD
- timeframes: H4
- sessions: Not specified
- market_regime: any

## Indicators

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

## Recorded long-entry rules

- last point of support pullback

## Recorded short-entry rules

- last point of supply rally

## Recorded exit rules

- take profit target based on P&F count

## Recorded filters

- tick volume thresholds for entry events

## Risk controls

- Stop loss: 2R
- Take profit: P&F target calculated from range ATR and column count
- Position sizing: risk per trade as percent of balance