{
  "id": 295,
  "rank": 2190,
  "name": "Head and Shoulders Pattern EA",
  "aka": [
    "Head and Shoulders Pattern Trading Bot",
    "HS Pattern EA"
  ],
  "family": "E",
  "subtype": "E6",
  "one_liner": "Automatically identifies Head and Shoulders patterns and executes trades based on them.",
  "market_regime": "any",
  "timeframes": [
    "M15",
    "H1",
    "D1"
  ],
  "symbols": [
    "EURUSD",
    "USDJPY"
  ],
  "sessions": [
    "any"
  ],
  "indicators": [],
  "entry_long": [
    "Identifies Inverse Head and Shoulders pattern with points X, A, B, C, D, E",
    "Candle closes above point D (neckline)",
    "Stop Loss at low of point E",
    "Take Profit initially at point X (first swing high)",
    "If distance < 1x SL, use 1:3 risk-reward"
  ],
  "entry_short": [
    "Identifies Head and Shoulders pattern with points X, A, B, C, D, E",
    "Candle closes below point D (neckline)",
    "Stop Loss at high of point E",
    "Take Profit initially at point X (first swing low)",
    "If distance < 1x SL, use 1:3 risk-reward"
  ],
  "exit_rules": [
    "N/A"
  ],
  "filters": [
    "N/A"
  ],
  "stop_loss": "Stop Loss at low of point E for long trades, high of point E for short trades",
  "take_profit": "Take Profit initially at point X for both long and short trades, 1:3 risk-reward if distance < 1x SL",
  "position_size": "N/A",
  "evidence_type": "source_code",
  "completeness": 50.0,
  "signal_warnings": null,
  "claim_warnings": null,
  "opacity_warnings": null,
  "build_warnings": null,
  "canonical": "https://prismaticalgos.com/compendium/algo/295-head-and-shoulders-pattern-ea",
  "snapshot": "2026-10-31 15:46 UTC",
  "source_url": "https://www.mql5.com/en/articles/18147",
  "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."
}