# Gold Scalping Falcon

A MetaTrader 5 Expert Advisor for gold trading with defined rules based on EMA and candle conditions.

Canonical: https://prismaticalgos.com/compendium/algo/12183-gold-scalping-falcon
Record ID: 12183
Catalog rank: 427 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Trade & Execution Management (K)
Source: https://www.mql5.com/en/market/product/204241
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: XAUUSDm
- timeframes: M1
- sessions: 06:00-08:30 India Standard Time
- market_regime: trending|ranging|volatile|breakout|any

## Indicators

- EMA: {"period": 20}; applied to: close
- EMA: {"period": 50}; applied to: close

## Recorded long-entry rules

- EMA 20/50 candle-body conditions with approved candle shapes
- High-impact USD calendar events excluded 30 minutes before and 15 minutes after

## Recorded short-entry rules

- Not specified.

## Recorded exit rules

- Half the target distance at 50 strategy pips, then stop at opening price
- Retries when a stop move is temporarily unavailable
- Broker acceptance confirmed

## Recorded filters

- high-impact USD calendar events excluded 30 minutes before and 15 minutes after
- max spread 30 broker points
- news filter
- max candle high-low range 4.50 at default pip unit

## Risk controls

- Stop loss: 0.20 gold price units beyond the signal candle extreme
- Take profit: 100 strategy pips, 10.00 price move at default pip unit
- Position sizing: 0.02 lots, 0.01-lot partial close