# EventStraddleMarket

Placed a two-sided stop bracket before scheduled economic releases, trails the winner with ATR-based stop.

Canonical: https://prismaticalgos.com/compendium/algo/8724-eventstraddlemarket
Record ID: 8724
Catalog rank: 789 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Trade & Execution Management (K)
Source: https://www.mql5.com/en/market/product/191288
Evidence label (unverified): backtest_shown

## 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: 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.

## Recorded profile

- symbols: GBPNZD, EURNZD, NZDCAD, AUDNZD, NZDCHF, NZDUSD, GBPUSD, EURGBP, EURCAD, XAGUSD, XAUUSD, USOIL
- timeframes: M1
- sessions: any
- market_regime: volatile

## Indicators

- ATR: {"period": 14}; applied to: close

## Recorded long-entry rules

- place a buy stop at +1.0 ATR
- place a sell stop at -1.0 ATR

## Recorded short-entry rules

- ...

## Recorded 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

## Recorded filters

- max spread 2.0 pips
- execution filters based on spread and deviation

## Risk controls

- Stop loss: 2.0 ATR away from its entry
- Take profit: not explicitly stated
- Position sizing: fixed 0.10 lot