{
  "id": 4021,
  "rank": 2565,
  "name": "Double Stop at Opening Price Candle",
  "aka": [
    "Code a DOUBLE STOP at opening price candle and turn it into a TRAILING STOP"
  ],
  "family": "K",
  "subtype": "K1",
  "one_liner": "Enters a trade at the opening price and sets stop-loss levels based on a distance from that price.",
  "market_regime": "any",
  "timeframes": [
    "M15"
  ],
  "symbols": [
    "null"
  ],
  "sessions": [
    "null"
  ],
  "indicators": [],
  "entry_long": [
    "opentime = 152900"
  ],
  "entry_short": [
    "opentime = 152900"
  ],
  "exit_rules": [
    "onmarket then inTrade = 0"
  ],
  "filters": [],
  "stop_loss": "SET STOP ploss dist",
  "take_profit": "null",
  "position_size": "null",
  "evidence_type": "source_code",
  "completeness": 50.0,
  "signal_warnings": null,
  "claim_warnings": null,
  "opacity_warnings": [
    "UNDEFINED ENTRY TERM: the entry conditions are prose naming a concept with no numeric definition, so two readers would implement them differently. Advisory only -- this does not affect the score."
  ],
  "build_warnings": null,
  "canonical": "https://prismaticalgos.com/compendium/algo/4021-double-stop-at-opening-price-candle",
  "snapshot": "2026-10-31 15:46 UTC",
  "source_url": "https://www.prorealcode.com/topic/code-a-double-stop-at-opening-price-candle-and-turn-it-into-a-trailing-stop/",
  "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."
}
