# Head and Shoulders Pattern EA

Automatically identifies Head and Shoulders patterns and executes trades based on them.

Canonical: https://prismaticalgos.com/compendium/algo/295-head-and-shoulders-pattern-ea
Record ID: 295
Catalog rank: 2190 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Price Action & Market Structure (E)
Source: https://www.mql5.com/en/articles/18147
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, USDJPY
- timeframes: M15, H1, D1
- sessions: any
- market_regime: any

## Indicators

No indicator stack recorded.

## Recorded long-entry rules

- 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

## Recorded short-entry rules

- 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

## Recorded exit rules

- Not specified.

## Recorded filters

- Not specified.

## Risk controls

- 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 sizing: N/A