# exp_Amstell

Automatically opens new positions based on price movement relative to the last position and closes positions when they reach a virtual take profit.

Canonical: https://prismaticalgos.com/compendium/algo/6551-exp-amstell
Record ID: 6551
Catalog rank: 1697 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Trend Following & Directional (A)
Source: https://www.mql5.com/en/code/20630
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: Not specified
- timeframes: Not specified
- sessions: Not specified
- market_regime: any

## Indicators

- Moving Average: {}; applied to: close

## Recorded long-entry rules

- price of the last opening a BUY position is ABOVE the current Ask price by Step

## Recorded short-entry rules

- price of the last opening a SELL position is BELOW the current Bid price by Step

## Recorded exit rules

- position profit reaches or exceeds Virtual Take Profit

## Recorded filters

- Not specified.

## Risk controls

- Stop loss: null
- Take profit: null
- Position sizing: Lots