# Well Martin

Trades based on Bollinger Bands and ADX indicators, adjusting lot size on stop loss hit.

Canonical: https://prismaticalgos.com/compendium/algo/6650-well-martin
Record ID: 6650
Catalog rank: 2090 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Mean Reversion & Counter-Trend (B)
Source: https://www.mql5.com/en/code/13315
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

Claim warnings: RECOVERY SIZING: position size increases after losses (martingale/grid/averaging). Equity curves look smooth until the run that does not recover - judge it on worst-case exposure, not win rate.

## Recorded profile

- symbols: EURUSD
- timeframes: M15
- sessions: Not specified
- market_regime: ranging

## Indicators

- Bollinger Bands: {"dev": 1.8, "period": 84, "shift": 0}; applied to: null
- ADX: {"level": 45, "period": 40}; applied to: null

## Recorded long-entry rules

- Breaking through the lower Bollinger Bands boundary

## Recorded short-entry rules

- Breaking through the higher Bollinger Bands boundary

## Recorded exit rules

- Take Profit: 1200 pips
- Stop Loss: 1400 pips

## Recorded filters

- Not specified.

## Risk controls

- Stop loss: 1400 pips
- Take profit: 1200 pips
- Position sizing: Lot multiplier: 2, Maximum lot size: 5, Starting lot size: 0.1