# lwGreatestSwingValueBreakoutExpert

Identifies directional setups, calculates failure swings, and triggers trades based on breakout levels.

Canonical: https://prismaticalgos.com/compendium/algo/7716-lwgreatestswingvaluebreakoutexpert
Record ID: 7716
Catalog rank: 241 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Risk, Money Management & Portfolio Overlays (J)
Source: https://www.mql5.com/en/articles/21913
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: PERIOD_CURRENT
- sessions: Not specified
- market_regime: any

## Indicators

No indicator stack recorded.

## Recorded long-entry rules

- Close[1] < Close[oversoldLookbackBars + 1]

## Recorded short-entry rules

- Close[1] > Close[overboughtLookbackBars + 1]

## Recorded exit rules

- Previous M1 close ≤ bullish trigger and Current M1 close > bullish trigger for long; Previous M1 close ≥ bearish trigger and Current M1 close < bearish trigger for short

## Recorded filters

- Not specified.

## Risk controls

- Stop loss: Current bar open or current bar extreme
- Take profit: First profitable open or risk-to-reward target
- Position sizing: Fixed volume or percentage of account balance