# Periodic Range Breakout 2.0

A mechanical trading strategy that uses breakout levels based on a specified range to enter trades.

Canonical: https://prismaticalgos.com/compendium/algo/760-periodic-range-breakout-2-0
Record ID: 760
Catalog rank: 1601 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Grid, Martingale & Averaging (C)
Source: https://www.mql5.com/en/code/31198
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

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: Not specified
- timeframes: Not specified
- sessions: Not specified
- market_regime: any

## Indicators

- ATR: {"period": 20}; applied to: close

## Recorded long-entry rules

- price breaks high level upward

## Recorded short-entry rules

- price breaks low level downward

## Recorded exit rules

- take-profit and stop-loss levels are determined by a specific portion of the range in pips

## Recorded filters

- Not specified.

## Risk controls

- Stop loss: stop-loss in pips as percentage of derived range
- Take profit: take-profit in pips as percentage of derived range
- Position sizing: volume management based on lot management mode