# 5th Trading Day Entry with 10 Day Exit

Enters on the 5th trading day of the month and exits after 10 days or at closing time.

Canonical: https://prismaticalgos.com/compendium/algo/2437-5th-trading-day-entry-with-10-day-exit
Record ID: 2437
Catalog rank: 2759 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Unclassified (?)
Source: https://www.prorealcode.com/topic/time-based-trading-system-with-trading-day-of-the-mounth/
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: DAILY_LOW_COUNT: daily-or-slower timeframe on a single instrument. Expect well under 100 trades in five years, so a backtest will rarely reach statistical significance on its own.

## Recorded profile

- symbols: any
- timeframes: D1
- sessions: any
- market_regime: any

## Indicators

No indicator stack recorded.

## Recorded long-entry rules

- OpenMonth <> OpenMonth[1]
- OpenDay <> OpenDay[1]
- Tally = 5
- high > high[1]

## Recorded short-entry rules

- Not specified.

## Recorded exit rules

- OnMarket AND (Count = 10 AND (TF = 86400 AND Time = 230000 OR TF <> 86400))

## Recorded filters

- Not specified.

## Risk controls

- Stop loss: SET STOP pLOSS 100
- Take profit: SET TARGET pPROFIT 300
- Position sizing: 1 CONTRACT