# Straddle&Trail

Placed straddle orders before news events with trailing stops and adjustable pending orders.

Canonical: https://prismaticalgos.com/compendium/algo/1491-straddle-trail
Record ID: 1491
Catalog rank: 637 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Volatility-Based (G)
Source: https://www.mql5.com/en/code/8366
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

Build warnings: MT4_ONLY: the captured source is MQL4 / written for MetaTrader 4. It needs porting (order functions, indicator handles) before it runs on MT5.

## Recorded profile

- symbols: EURUSD
- timeframes: M5
- sessions: any
- market_regime: volatile

## Indicators

No indicator stack recorded.

## Recorded long-entry rules

- Not specified.

## Recorded short-entry rules

- Not specified.

## Recorded exit rules

- Trailing stop starts after a profit of Move.To.BreakEven.at.pips is made
- Pending orders adjusted every minute until Stop.Adjusting.Min.Before.Event minutes before the event

## Recorded filters

- news filter
- spread 2 points

## Risk controls

- Stop loss: 30 pips
- Take profit: 60 pips
- Position sizing: 1 lot