# True Range Breakout EUR/USD

Trades based on a candlestick wider than 12 periods average true range, with risk-reward ratio of 3/1.

Canonical: https://prismaticalgos.com/compendium/algo/1278-true-range-breakout-eur-usd
Record ID: 1278
Catalog rank: 2968 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Unclassified (?)
Source: https://www.prorealcode.com/prorealtime-trading-strategies/true-range-breakout-eurusd/
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

No automated warnings recorded; this is not validation.

## Recorded profile

- symbols: EURUSD
- timeframes: 1H
- sessions: Not specified
- market_regime: any

## Indicators

- AverageTrueRange: {"period": 12}; applied to: null

## Recorded long-entry rules

- abs(open-close) > (atr*2) and close > open

## Recorded short-entry rules

- abs(open-close) > (atr*2) and close < open

## Recorded exit rules

- SET STOP pLOSS 40
- SET TARGET pPROFIT 120

## Recorded filters

- Not specified.

## Risk controls

- Stop loss: 40 pips
- Take profit: 120 pips
- Position sizing: 1 CONTRACTS