Extracted algorithm research record
ORP Dip Expert
A professional trend-following robot that buys market dips in uptrends and takes profits during market euphoria.
Source & extraction context
Evidence label: backtest_shown (source claim, not independent verification). Recorded completeness: 50.0/100. Neither is a performance result.
Names identify source records. Inclusion is not an endorsement or a claim of authorship, ownership or reuse permission. Check the source license before reusing any implementation.
Extraction warnings
Build warnings
- MT4_ONLY: the captured source is MQL4 / written for MetaTrader 4. It needs porting (order functions, indicator handles) before it runs on MT5.
Recorded market & execution profile
- Recorded timeframes
- H1, H4, M30, Daily
- Recorded sessions
- Not specified
- Recorded regime
- trending
Recorded indicators & parameters
| Indicator | Parameters | Applied to |
|---|---|---|
| 200-period SMA | {} | close |
| 20-period SMA | {} | close |
| ATR | {} | close |
Extracted strategy rules
Recorded long-entry rules
- Price above 200-period SMA
- Price pull back below 20-period SMA by volatility-adjusted distance
- Confirmed with momentum indicator
Recorded short-entry rules
- Not specified in the extracted record.
Recorded exit rules
- Automatically trims positions when market becomes overextended
- Uses trailing stops that adapt to market volatility
- Optional fixed profit targets
- Each position has its own protective stop loss
Recorded filters
- Spread Filter
- Maximum Position Limits
- Margin Protection
- Stop loss
- Volatility-adjusted stops that widen in volatile markets and tighten in calm conditions
- Take profit
- Optional fixed profit targets
- Position sizing
- Percentage Risk Mode: Automatically calculates position size based on your chosen risk percentage (default 0.5% per trade)
Questions about this record
What entry rules are recorded for ORP Dip Expert?
Long: Price above 200-period SMA Price pull back below 20-period SMA by volatility-adjusted distance Confirmed with momentum indicator Short: Not specified. These are unverified extracted rules.
Which markets and timeframes are recorded?
Markets: EURUSD, GBPUSD, USDJPY, AUDUSD, NZDUSD, XAUUSD, XAGUSD. Timeframes: H1, H4, M30, Daily. These are source-recorded labels, not verified execution behavior.