# Breakdown catcher

Placing pending Buy Stop and Sell Stop orders based on high and low prices of bar #1 plus/minus an indent.

Canonical: https://prismaticalgos.com/compendium/algo/694-breakdown-catcher
Record ID: 694
Catalog rank: 1111 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Trade & Execution Management (K)
Source: https://www.mql5.com/en/code/23443
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: EURUSD
- timeframes: M1
- sessions: Not specified
- market_regime: any

## Indicators

- Exp_ColorPEMA_Digit_Tm_Plus: {}; applied to: null
- Murrey_Math_Lv: {}; applied to: null

## Recorded long-entry rules

- High price of bar #1 + Indent

## Recorded short-entry rules

- Low price of bar #1 - Indent

## Recorded exit rules

- Not specified.

## Recorded filters

- Allowable spread, in points (1.00045-1.00055=10 points) - the largest spread permitted

## Risk controls

- Stop loss: Stop Loss
- Take profit: Take Profit
- Position sizing: Lot OR Risk - volume calculation type (fixed lot size or risk % per trade)