# NTK 07

Manages Buy and Sell positions, applies Trailing Stop, and sets pending Buy Stop and Sell Stop orders.

Canonical: https://prismaticalgos.com/compendium/algo/731-ntk-07
Record ID: 731
Catalog rank: 1200 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Trade & Execution Management (K)
Source: https://www.mql5.com/en/code/19914
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

- Percentage_Crossover_Channel: {}; applied to: null

## Recorded long-entry rules

- Not specified.

## Recorded short-entry rules

- Not specified.

## Recorded exit rules

- Trailing Stop
- Stop Loss
- Take Profit

## Recorded filters

- Min FreeMargin

## Risk controls

- Stop loss: if set to 0, trailing stop is used as breakeven
- Take profit: if set to 0, take profit is completely disabled
- Position sizing: Fixed Lot, Fixed Margin, Fixed Risk