# Gold London Range Breakout

Trades XAUUSD using a range breakout strategy with OCO orders at the London open, capped stop loss, and fixed take profit.

Canonical: https://prismaticalgos.com/compendium/algo/10305-gold-london-range-breakout
Record ID: 10305
Catalog rank: 1573 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Trade & Execution Management (K)
Source: https://www.mql5.com/en/market/product/200590
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

No automated warnings recorded; this is not validation.

## Recorded profile

- symbols: XAUUSD
- timeframes: H1
- sessions: GMT+2/GMT+3 servers 03:00-08:00
- market_regime: trending|ranging|volatile|breakout

## Indicators

No indicator stack recorded.

## Recorded long-entry rules

- Buy Stop above the range

## Recorded short-entry rules

- Sell Stop below the range

## Recorded exit rules

- Break-even after 1.5R; all orders and trades closed at the end of the day

## Recorded filters

- range filter in % of price
- spread filter
- Monday/Friday switches

## Risk controls

- Stop loss: at the opposite side of the range (capped)
- Take profit: reward:risk multiple of 2.5R
- Position sizing: Lot size from risk % of equity (or a fixed lot), spread filter, Monday/Friday switches