Extracted algorithm research record
Kingfisher MT5
A gold (XAUUSD) level-break Expert Advisor with six protection layers and fixed stop and target levels.
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
- UNSIZED CLAIM: performance figures are published with no trade count, so the sample behind them cannot be judged.
- RECOVERY SIZING: position size increases after losses (martingale/grid/averaging). Equity curves look smooth until the run that does not recover - judge it on worst-case exposure, not win rate.
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 markets
- XAUUSD
- Recorded timeframes
- H4, H1, M15
- Recorded sessions
- Any timeframe - it reads H4, H1 and M15 itself
- Recorded regime
- trending
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
- not explicitly stated
Recorded short-entry rules
- not explicitly stated
Recorded exit rules
- Once 1.00 USD ahead per 0.01 lot, a slow fill is closed if it gives back half of its best profit, or more than a share of the 15-minute range.
- A fast fill rides to the target.
Recorded filters
- No order while the stop would be more than 20 percent of the hourly range
- No orders ten minutes either side of a tier-1 US release
- No orders while the spread is more than four times its normal and wider than 1.00 USD
- Resting orders are removed before the weekend
- A margin cap keeps the orders that can be open at once inside your free margin
- Stop loss
- 2.00 USD per 0.01 lot
- Take profit
- 15.00 USD per 0.01 lot
- Position sizing
- Risk level Low, Medium, High, Hot or Custom; the Journal states the lot at start-up
Questions about this record
What entry rules are recorded for Kingfisher MT5?
Long: not explicitly stated Short: not explicitly stated These are unverified extracted rules.
Which markets and timeframes are recorded?
Markets: XAUUSD. Timeframes: H4, H1, M15. These are source-recorded labels, not verified execution behavior.