# Lazy Bot MT5 (Daily Breakout EA)

Daily breakout strategy that sends buy and sell stop orders based on the previous day's high and low.

Canonical: https://prismaticalgos.com/compendium/algo/26-lazy-bot-mt5-daily-breakout-ea
Record ID: 26
Catalog rank: 1099 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Trade & Execution Management (K)
Source: https://www.mql5.com/en/code/41732
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: London 14:00-23:00 GMT, New York 19:00-04:00 GMT (Vietnam time)
- market_regime: any

## Indicators

No indicator stack recorded.

## Recorded long-entry rules

- previous day's high + add price in pips

## Recorded short-entry rules

- previous day's low - add price in pips

## Recorded exit rules

- trailing stop loss

## Recorded filters

- maximum spread allowed
- trading time filter

## Risk controls

- Stop loss: stop loss placed at user-defined distance from entry price
- Take profit: no take profit
- Position sizing: user-defined lot size