# N Candles v4

Buys on bullish N identical candlesticks and sells on bearish ones, with account type considerations.

Canonical: https://prismaticalgos.com/compendium/algo/6556-n-candles-v4
Record ID: 6556
Catalog rank: 1137 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Risk, Money Management & Portfolio Overlays (J)
Source: https://www.mql5.com/en/code/18609
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

Opacity warnings: UNDEFINED ENTRY TERM: the entry conditions are prose naming a concept with no numeric definition, so two readers would implement them differently. Advisory only -- this does not affect the score.

## Recorded profile

- symbols: Not specified
- timeframes: Not specified
- sessions: Not specified
- market_regime: any

## Indicators

- Boa_ZigZag: {}; applied to: null
- Boa_ZigZag_Price: {}; applied to: null
- Color_PEMA_Envelopes_Digit: {}; applied to: null
- Color_QEMA_Digit: {}; applied to: null

## Recorded long-entry rules

- N identical bullish candlesticks in a row

## Recorded short-entry rules

- N identical bearish candlesticks in a row

## Recorded exit rules

- Trailing Stop not used
- Stop Loss (pips)
- Take Profit (pips)

## Recorded filters

- Not specified.

## Risk controls

- Stop loss: Stop Loss (pips)
- Take profit: Take Profit (pips)
- Position sizing: Lot