# Kestrel XAU MT5

Trades gold at key price levels with tight stops and fixed take-profit, designed for small accounts.

Canonical: https://prismaticalgos.com/compendium/algo/10331-kestrel-xau-mt5
Record ID: 10331
Catalog rank: 1709 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Grid, Martingale & Averaging (C)
Source: https://www.mql5.com/en/market/product/199606
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: 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.

## Recorded profile

- symbols: XAUUSD
- timeframes: M15
- sessions: active part of the gold trading day
- market_regime: any

## Indicators

No indicator stack recorded.

## Recorded long-entry rules

- price breaks through a major psychological price level for the first time in a session

## Recorded short-entry rules

- price breaks through a previous month's extreme for the first time in a session

## Recorded exit rules

- take-profit is twice the size of the stop-loss

## Recorded filters

- only one position at a time
- maximum holding time

## Risk controls

- Stop loss: tight broker-side stop-loss placed with the order
- Take profit: fixed take-profit twice the size of the stop-loss
- Position sizing: Fixed lot size 0.01 for small accounts; Percent of balance 0.5% per trade for larger accounts