{
  "id": 6351,
  "rank": 2557,
  "name": "4 Hour Range Strategy",
  "aka": [],
  "family": "F",
  "subtype": "F1",
  "one_liner": "Enters trades based on 5M candles closing outside the range of the first 4H candle, with time filters for overextension.",
  "market_regime": "ranging",
  "timeframes": [
    "4H",
    "5M"
  ],
  "symbols": [
    "EURUSD"
  ],
  "sessions": [
    "New York time zone"
  ],
  "indicators": [],
  "entry_long": [
    "5M candle closes below the Low of the first 4H candle, then closes back in the Range"
  ],
  "entry_short": [
    "5M candle closes above the High of the first 4H candle, then closes back in the Range"
  ],
  "exit_rules": [
    "No explicit exit rules provided"
  ],
  "filters": [
    "Time filter for overextension: price stays above the High or below the Low for more than 75 Minutes"
  ],
  "stop_loss": "Not specified",
  "take_profit": "Not specified",
  "position_size": "Lots: Lotsize",
  "evidence_type": "backtest_shown",
  "completeness": 50.0,
  "signal_warnings": null,
  "claim_warnings": null,
  "opacity_warnings": null,
  "build_warnings": [
    "MT4_ONLY: the captured source is MQL4 / written for MetaTrader 4. It needs porting (order functions, indicator handles) before it runs on MT5."
  ],
  "canonical": "https://prismaticalgos.com/compendium/algo/6351-4-hour-range-strategy",
  "snapshot": "2026-10-31 15:46 UTC",
  "source_url": "https://www.mql5.com/en/code/68095",
  "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."
}