# MGC

Projects 5 sequential M5 candles based on rolling 60-minute momentum velocity and ATR-based volatility scaling.

Canonical: https://prismaticalgos.com/compendium/algo/11585-mgc
Record ID: 11585
Catalog rank: 2672 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Trend Following & Directional (A)
Source: https://github.com/mikedconcepcion/momentum-ghost-candles
Evidence label (unverified): forward_results

## 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, USDJPY, GBPUSD
- timeframes: M5
- sessions: Not specified
- market_regime: any

## Indicators

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

## Recorded long-entry rules

- Momentum Meter >50% filled
- Status Light Green

## Recorded short-entry rules

- Momentum Meter >50% filled
- Status Light Red

## Recorded exit rules

- Estimates for C1, C2, C3 price levels

## Recorded filters

- M5 ATR-based volatility scaling

## Risk controls

- Stop loss: Not specified
- Take profit: Not specified
- Position sizing: Not specified