Extracted algorithm research record
Distance Trader MT5
Automates trading based on configurable price distance movements.
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
Claim warnings
- IMPLAUSIBLE WIN RATE: claimed 96.93%. Sustained win rates this high on retail FX effectively only occur when losses are deferred rather than taken (grid/martingale) or when the test is broken.
- HIGH PROFIT FACTOR: claimed 4.2. Treat as an in-sample or curve-fitted figure until reproduced out of sample.
- UNDATED CLAIM: performance figures are published with no test period, so they cannot be checked or reproduced.
Opacity warnings
- UNDEFINED ENTRY TERM: the entry conditions are prose naming a concept with no numeric definition, so two readers would implement them differently. Advisory only -- this does not affect the score.
Recorded market & execution profile
- Recorded timeframes
- Not specified
- Recorded sessions
- Not specified
- Recorded regime
- any
Recorded indicators & parameters
| Indicator | Parameters | Applied to |
|---|---|---|
| No indicator stack was recorded. This does not establish a price-action-only strategy. | ||
Extracted strategy rules
Recorded long-entry rules
- TradeDistancePips >= 50
Recorded short-entry rules
- Not specified in the extracted record.
Recorded exit rules
- EnableTakeProfit = true, TakeProfitPips = 500
Recorded filters
- CheckMarginBeforeTrade = true
- AutoAdjustVolume = true
- Stop loss
- EnableStopLoss = false
- Take profit
- EnableTakeProfit = true, TakeProfitPips = 500
- Position sizing
- Volume = 0.05
Questions about this record
What entry rules are recorded for Distance Trader MT5?
Long: TradeDistancePips >= 50 Short: Not specified. These are unverified extracted rules.
Which markets and timeframes are recorded?
Markets: XAUUSD, EURUSD. Timeframes: Not specified. These are source-recorded labels, not verified execution behavior.