{
  "id": 4232,
  "rank": 1745,
  "name": "First Fractal Breakout",
  "aka": [
    "First Fractal Breakout Strategy",
    "Intraday Fractal Breakout"
  ],
  "family": "A",
  "subtype": "A3",
  "one_liner": "Intraday strategy using Bill Williams fractals to determine breakout limits.",
  "market_regime": "trending|ranging|volatile",
  "timeframes": [
    "M5"
  ],
  "symbols": [
    "DAX"
  ],
  "sessions": [
    "9:00-18:45 MSK"
  ],
  "indicators": [
    {
      "name": "Fractal",
      "params": {},
      "applied_to": "close"
    },
    {
      "name": "ATR",
      "params": {
        "period": 14
      },
      "applied_to": "close"
    }
  ],
  "entry_long": [
    "Current bid price > up fractal limit"
  ],
  "entry_short": [
    "Current bid price < down fractal limit"
  ],
  "exit_rules": [
    "Stop loss placed at ATR percentage of D1 ATR",
    "Take profit placed at TP multiplier times ATR"
  ],
  "filters": [
    "no overnight risk"
  ],
  "stop_loss": "ATR percentage of D1 ATR",
  "take_profit": "TP multiplier times ATR",
  "position_size": "Risk percent per trade",
  "evidence_type": "backtest_shown",
  "completeness": 50.0,
  "signal_warnings": null,
  "claim_warnings": null,
  "opacity_warnings": null,
  "build_warnings": null,
  "canonical": "https://prismaticalgos.com/compendium/algo/4232-first-fractal-breakout",
  "snapshot": "2026-10-31 15:46 UTC",
  "source_url": "https://www.mql5.com/en/articles/23575",
  "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."
}
