{
  "id": 1267,
  "rank": 116,
  "name": "Cardwell Range Analyze",
  "aka": [
    "Cardwell Range Analyze [MarkitTick]"
  ],
  "family": "B",
  "subtype": "B7",
  "one_liner": "Identifies market regimes based on RSI and trend direction, triggering signals on regime changes.",
  "market_regime": "trending",
  "timeframes": [
    "any"
  ],
  "symbols": [
    "any"
  ],
  "sessions": [
    "any"
  ],
  "indicators": [
    {
      "name": "RSI",
      "params": {
        "period": 14
      },
      "applied_to": "close"
    },
    {
      "name": "SMA",
      "params": {
        "period": 50
      },
      "applied_to": "close"
    },
    {
      "name": "ADX",
      "params": {
        "period": 14
      },
      "applied_to": "close"
    }
  ],
  "entry_long": [
    "regimeState == 1 and regimeState[1] <> 1 and chopOk"
  ],
  "entry_short": [
    "regimeState == -1 and regimeState[1] <> -1 and chopOk"
  ],
  "exit_rules": [
    "not specified in the source"
  ],
  "filters": [
    "useChop and myadx < adxMin"
  ],
  "stop_loss": "slLvl = entryLvl - atrVal * slMult",
  "take_profit": "tp1Lvl = entryLvl + atrVal * tp1Mult, tp2Lvl = entryLvl + atrVal * tp2Mult, tp3Lvl = entryLvl + atrVal * tp3Mult",
  "position_size": "not specified in the source",
  "evidence_type": "source_code",
  "completeness": 80.0,
  "signal_warnings": null,
  "claim_warnings": null,
  "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."
  ],
  "build_warnings": null,
  "canonical": "https://prismaticalgos.com/compendium/algo/1267-cardwell-range-analyze",
  "snapshot": "2026-10-31 15:46 UTC",
  "source_url": "https://www.prorealcode.com/prorealtime-indicators/cardwell-range-analyze/",
  "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."
}