{
  "id": 12111,
  "rank": 741,
  "name": "Midas Scalper",
  "aka": [
    "The Newer Midas",
    "Gold Scalping Bot"
  ],
  "family": "K",
  "subtype": "K4",
  "one_liner": "A grid-style scalping algorithm for Gold (XAUUSD) designed to accumulate small, consistent gains.",
  "market_regime": "ranging",
  "timeframes": [
    "m1"
  ],
  "symbols": [
    "XAUUSD"
  ],
  "sessions": [
    "3:00-7:00 UTC"
  ],
  "indicators": [],
  "entry_long": [
    "price drop past Buy Dip Threshold (100.0 pips)"
  ],
  "entry_short": [
    "price rise past Sell Rise Threshold (100.0 pips)"
  ],
  "exit_rules": [
    "profit goal ($1000.0) reached, then block new entries and close winners"
  ],
  "filters": [
    "Enable Session Filter: true, Session Start Hour (UTC): 3, Session End Hour (UTC): 7"
  ],
  "stop_loss": "Buy Stop Loss: 10000.0 pips, Sell Stop Loss: 10000.0 pips",
  "take_profit": "Buy Take Profit: 100.0 pips, Sell Take Profit: 100.0 pips",
  "position_size": "Volume In Lots: 0.01",
  "evidence_type": "backtest_shown",
  "completeness": 85.0,
  "signal_warnings": null,
  "claim_warnings": [
    "IMPLAUSIBLE PROFIT FACTOR: claimed 36.79. Over any real sample this is far outside what retail FX sustains.",
    "UNDATED CLAIM: performance figures are published with no test period, so they cannot be checked or reproduced."
  ],
  "opacity_warnings": null,
  "build_warnings": null,
  "canonical": "https://prismaticalgos.com/compendium/algo/12111-midas-scalper",
  "snapshot": "2026-10-31 15:46 UTC",
  "source_url": "https://ctrader.com/products/5173",
  "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."
}
