{
  "id": 1997,
  "rank": 2837,
  "name": "Breakout Strategy",
  "aka": [
    "range box breakout",
    "ADR-based breakout"
  ],
  "family": "K",
  "subtype": "K4",
  "one_liner": "Enters trades based on ADR and rangebox during specific time periods.",
  "market_regime": "any",
  "timeframes": [
    "M1",
    "M2"
  ],
  "symbols": [
    "US30",
    "DOW"
  ],
  "sessions": [
    "00:00-15:30 GMT",
    "15:30-18:00 GMT"
  ],
  "indicators": [
    {
      "name": "ADR",
      "params": {
        "period": 20
      },
      "applied_to": "high, low"
    },
    {
      "name": "range",
      "params": {
        "period": 300
      },
      "applied_to": "close"
    }
  ],
  "entry_long": [
    "Time <= 153000 AND c1",
    "Time >= 153000 AND Time <= 180000 AND c1 AND Tally < MaxTrades AND Not OnMarket"
  ],
  "entry_short": [
    "Time <= 153000 AND c1",
    "Time >= 153000 AND Time <= 180000 AND c1 AND Tally < MaxTrades AND Not OnMarket"
  ],
  "exit_rules": [
    "LongOnMarket AND (close - TradePrice) >= 25 * pipsize",
    "ShortOnMarket AND (TradePrice - close) >= 25 * pipsize"
  ],
  "filters": [
    "MaxTrades 2 per day",
    "Time-based entry and exit"
  ],
  "stop_loss": "100 pips",
  "take_profit": "50 pips",
  "position_size": "0.2 Contract",
  "evidence_type": "source_code",
  "completeness": 80.0,
  "signal_warnings": [
    "TIME-ONLY ENTRY: the entry conditions reference only clock time or session, with no market condition. This opens positions on a schedule."
  ],
  "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/1997-breakout-strategy",
  "snapshot": "2026-10-31 15:46 UTC",
  "source_url": "https://www.prorealcode.com/topic/help-coding-breakout-strategy/",
  "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."
}