# Gold Retest Sniper

Waits for an overnight-range breakout, a boundary retest, and a directional completed-candle close to enter trades.

Canonical: https://prismaticalgos.com/compendium/algo/12268-gold-retest-sniper
Record ID: 12268
Catalog rank: 1305 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Grid, Martingale & Averaging (C)
Source: https://www.mql5.com/en/market/product/204567
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: THIN SAMPLE: 48 trades - below the ~100 needed before a win rate or profit factor carries much information.; 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: 00:00-06:00 UTC (overnight range), 07:00-12:00 UTC (entry check)
- market_regime: trending|ranging|volatile

## Indicators

No indicator stack recorded.

## Recorded long-entry rules

- Breakout must start inside the overnight range
- Retest within 8 M15 bars with a boundary tolerance of 0.35 ATR
- Confirmation candle must touch the boundary zone and close directionally beyond the broken boundary
- Optional stricter filter: close must beat the previous candle high or low

## Recorded short-entry rules

- Not specified.

## Recorded exit rules

- Not specified.

## Recorded filters

- spread must meet 2.0 Gold quote-price units and 0.25 ATR
- broker constraints and existing symbol exposure are checked
- account-equity triggers for daily and peak drawdowns

## Risk controls

- Stop loss: 1.5 ATR14
- Take profit: 1.5 times the initial stop distance
- Position sizing: 0.25% of equity, with a minimum lot option up to 1% of equity
