# Candlestick Momentum Confirmation for Classic Crossover

Uses moving average crossovers as alerts, requiring momentum and retracement before executing trades.

Canonical: https://prismaticalgos.com/compendium/algo/494-candlestick-momentum-confirmation-for-classic-crossover
Record ID: 494
Catalog rank: 15 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Trend Following & Directional (A)
Source: https://www.mql5.com/en/articles/23620
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: _Symbol
- timeframes: M15
- sessions: Not specified
- market_regime: any

## Indicators

- iMA: {"mode": "MODE_SMA", "period": "FastMAPeriod", "price": "PRICE_CLOSE", "shift": 0}; applied to: close

## Recorded long-entry rules

- Bullish crossover: Fast MA crosses above Slow MA
- Momentum candle: Close > Open and body >= MomentumBodyMinPips
- Retracement: Next bar is inside momentum range or has a lower high

## Recorded short-entry rules

- Bearish crossover: Fast MA crosses below Slow MA
- Momentum candle: Close < Open and body >= MomentumBodyMinPips
- Retracement: Next bar is inside momentum range or has a higher low

## Recorded exit rules

- Not specified.

## Recorded filters

- Not specified.

## Risk controls

- Stop loss: Stop loss is placed beyond the momentum extreme by StopLossBufferPips
- Take profit: Take profit is calculated as Entry + (Entry - SL) * RiskRewardRatio
- Position sizing: LotSize