# Simple Breakout

A simple breakout strategy with time-based pending orders.

Canonical: https://prismaticalgos.com/compendium/algo/1735-simple-breakout
Record ID: 1735
Catalog rank: 2900 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Trade & Execution Management (K)
Source: https://www.prorealcode.com/topic/usdjpy-backtest-fehler/
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: USDJPY
- timeframes: Not specified
- sessions: 01:00-10:00 GMT
- market_regime: breakout

## Indicators

No indicator stack recorded.

## Recorded long-entry rules

- time>=010000 and time<100000 and close>(buylevel-distance) and tradeallowed=1 and not shortonmarket

## Recorded short-entry rules

- time>=010000 and time<100000 and close<(selllevel+distance) and tradeallowed=1 and not longonmarket

## Recorded exit rules

- set target $profit capital*0.02
- set target pprofit 10
- set stop ploss min(minimum,sl)

## Recorded filters

- Not specified.

## Risk controls

- Stop loss: 50
- Take profit: capital*0.02 for long, 10 for short
- Position sizing: capital/margin