# The Daily Break

A rule-based breakout system trading XAUUSD and FRA40/CAC40 during specific market sessions.

Canonical: https://prismaticalgos.com/compendium/algo/7468-the-daily-break
Record ID: 7468
Catalog rank: 1759 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Time, Session & Seasonality (F)
Source: https://www.mql5.com/en/market/product/196539
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: XAUUSD, FRA40, CAC40
- timeframes: D1
- sessions: London/NY overlap 16:00-22:00 GMT, Paris cash open 09:00-15:00 GMT
- market_regime: breakout

## Indicators

No indicator stack recorded.

## Recorded long-entry rules

- previous daily high + configurable buffer

## Recorded short-entry rules

- previous daily low - configurable buffer

## Recorded exit rules

- 250-300 points into profit, then SL moves to entry

## Recorded filters

- news filter using MT5's native economic calendar

## Risk controls

- Stop loss: fixed at 4.00 USD on XAUUSD, configurable on FRA40
- Take profit: Not specified
- Position sizing: fixed lots or percent risk
