{
  "id": 8724,
  "rank": 789,
  "name": "EventStraddleMarket",
  "aka": [
    "EventStraddle"
  ],
  "family": "K",
  "subtype": "K4",
  "one_liner": "Placed a two-sided stop bracket before scheduled economic releases, trails the winner with ATR-based stop.",
  "market_regime": "volatile",
  "timeframes": [
    "M1"
  ],
  "symbols": [
    "GBPNZD",
    "EURNZD",
    "NZDCAD",
    "AUDNZD",
    "NZDCHF",
    "NZDUSD",
    "GBPUSD",
    "EURGBP",
    "EURCAD",
    "XAGUSD",
    "XAUUSD",
    "USOIL"
  ],
  "sessions": [
    "any"
  ],
  "indicators": [
    {
      "name": "ATR",
      "params": {
        "period": 14
      },
      "applied_to": "close"
    }
  ],
  "entry_long": [
    "place a buy stop at +1.0 ATR",
    "place a sell stop at -1.0 ATR"
  ],
  "entry_short": [
    "..."
  ],
  "exit_rules": [
    "once the position is 1.0 ATR in profit, the stop follows the price at a distance of 0.5 ATR",
    "the position is closed after 24 hours at the latest",
    "orders that are never filled are removed after the release"
  ],
  "filters": [
    "max spread 2.0 pips",
    "execution filters based on spread and deviation"
  ],
  "stop_loss": "2.0 ATR away from its entry",
  "take_profit": "not explicitly stated",
  "position_size": "fixed 0.10 lot",
  "evidence_type": "backtest_shown",
  "completeness": 80.0,
  "signal_warnings": null,
  "claim_warnings": [
    "IMPLAUSIBLE PROFIT FACTOR: claimed 6.49. Over any real sample this is far outside what retail FX sustains.",
    "THIN SAMPLE: 38 trades - below the ~100 needed before a win rate or profit factor carries much information."
  ],
  "opacity_warnings": null,
  "build_warnings": null,
  "canonical": "https://prismaticalgos.com/compendium/algo/8724-eventstraddlemarket",
  "snapshot": "2026-10-31 15:46 UTC",
  "source_url": "https://www.mql5.com/en/market/product/191288",
  "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."
}