# Gold Momentum Candle

Identifies bullish market conditions and enters BUY positions based on trend confirmation, breakout, and momentum candle conditions.

Canonical: https://prismaticalgos.com/compendium/algo/10156-gold-momentum-candle
Record ID: 10156
Catalog rank: 1619 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Trend Following & Directional (A)
Source: https://www.mql5.com/en/market/product/196977
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: UNDATED CLAIM: performance figures are published with no test period, so they cannot be checked or reproduced.

## Recorded profile

- symbols: XAUUSD
- timeframes: H4
- sessions: Not specified
- market_regime: trending|volatile

## Indicators

No indicator stack recorded.

## Recorded long-entry rules

- Bullish trend confirmation
- External market structure
- Breakout confirmation
- Momentum candle confirmation

## Recorded short-entry rules

- Not specified.

## Recorded exit rules

- Fixed Stop Loss: 400 pips
- Fixed Take Profit: 600 pips

## Recorded filters

- Not specified.

## Risk controls

- Stop loss: 400 pips
- Take profit: 600 pips
- Position sizing: Adjustable Parameter: Lot Size