# Flat Channel

Trades breakouts of the flat channel by placing pending orders.

Canonical: https://prismaticalgos.com/compendium/algo/2554-flat-channel
Record ID: 2554
Catalog rank: 1066 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Trend Following & Directional (A)
Source: https://www.mql5.com/en/code/19150
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: EURUSD
- timeframes: M30
- sessions: Not specified
- market_regime: any

## Indicators

- MACD: {}; applied to: close
- MA: {}; applied to: close
- ADX: {}; applied to: close

## Recorded long-entry rules

- Not specified.

## Recorded short-entry rules

- Not specified.

## Recorded exit rules

- Closes half of the profitable position.

## Recorded filters

- Time work
- Trade on Tuesday
- Trading on Wednesday
- Trading on Thursday
- Start trading on Monday
- Stop trading on Friday
- Money management

## Risk controls

- Stop loss: equal to two channel widths
- Take profit: null
- Position sizing: Risk in % for a deal from a free margin, Lots