# First Fractal Breakout

Intraday strategy using Bill Williams fractals to determine breakout limits.

Canonical: https://prismaticalgos.com/compendium/algo/4232-first-fractal-breakout
Record ID: 4232
Catalog rank: 1745 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Trend Following & Directional (A)
Source: https://www.mql5.com/en/articles/23575
Evidence label (unverified): backtest_shown

## 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: DAX
- timeframes: M5
- sessions: 9:00-18:45 MSK
- market_regime: trending|ranging|volatile

## Indicators

- Fractal: {}; applied to: close
- ATR: {"period": 14}; applied to: close

## Recorded long-entry rules

- Current bid price > up fractal limit

## Recorded short-entry rules

- Current bid price < down fractal limit

## Recorded exit rules

- Stop loss placed at ATR percentage of D1 ATR
- Take profit placed at TP multiplier times ATR

## Recorded filters

- no overnight risk

## Risk controls

- Stop loss: ATR percentage of D1 ATR
- Take profit: TP multiplier times ATR
- Position sizing: Risk percent per trade