# Breakout Strategy

Enters trades based on EMA89 breakout during specific hours, with profit and stop loss management.

Canonical: https://prismaticalgos.com/compendium/algo/1521-breakout-strategy
Record ID: 1521
Catalog rank: 2998 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Unclassified (?)
Source: https://www.prorealcode.com/topic/breakout-strategy-coding-help/
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: GBPUSD
- timeframes: M15
- sessions: 04:00-06:00 GMT, 06:00-16:30 GMT
- market_regime: trending

## Indicators

- EMA: {"period": 89}; applied to: close

## Recorded long-entry rules

- EMA89 is always above breakout box from 04:00 to 06:00 GMT
- Sell 5 pips below the low of breakout box

## Recorded short-entry rules

- EMA89 is always below breakout box from 04:00 to 06:00 GMT
- Buy 5 pips above the high of breakout box

## Recorded exit rules

- Target: 75 pips
- Stop: 20 pips, moved to breakeven at 20 pips profit, then trailed to halfway between high and breakeven

## Recorded filters

- Flat after 21:45 GMT
- Flat after 20:45 GMT if money management is enabled

## Risk controls

- Stop loss: 20 pips
- Take profit: 75 pips
- Position sizing: PositionSize = abs(round((maxrisk/SL)/PointValue*100)*pipsize/100)