# Meridian Gold Trend

A multi-strategy trend and breakout Expert Advisor for gold (XAUUSD) on H4 signals.

Canonical: https://prismaticalgos.com/compendium/algo/12428-meridian-gold-trend
Record ID: 12428
Catalog rank: 440 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Trend Following & Directional (A)
Source: https://www.mql5.com/en/market/product/205004
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: XAUUSD
- timeframes: H4
- sessions: any chart timeframe (signals are H4)
- market_regime: trending|ranging|volatile

## Indicators

- EMA: {"period": 21}; applied to: close
- EMA: {"period": 55}; applied to: close
- ADX: {"period": 14}; applied to: Not specified
- RSI: {"period": 14}; applied to: Not specified
- Donchian: {"period": 30}; applied to: Not specified
- Bollinger Bands: {"period": 20}; applied to: Not specified
- ATR: {"period": 14}; applied to: Not specified

## Recorded long-entry rules

- pullback-continuation entries in an ADX-confirmed trend (EMA 21 and 55, ADX 14 at or above 31), confirmed by the last completed daily bar, with RSI and over-extension filters

## Recorded short-entry rules

- close-confirmed 30-bar Donchian breakouts in the direction of the daily trend, with candle-body and no-chase filters

## Recorded exit rules

- stop 2.5 ATR (at least 1.0 ATR, at most 5.0 ATR), target 6 times the risk distance, ATR trailing stop (3.0 ATR) from 1 R profit

## Recorded filters

- news filter (live only)
- spread filter 15 % of ATR
- maximum drawdown 40 % (stops new entries)
- hard equity stop 45 % (closes the EA positions)
- pause for the rest of the day after 5 consecutive losses
- at most 5 entries per day

## Risk controls

- Stop loss: 2.5 ATR (at least 1.0 ATR, at most 5.0 ATR)
- Take profit: 6 times the risk distance, ATR trailing stop (3.0 ATR) from 1 R profit
- Position sizing: 2 % of equity per trade, computed in the account currency from the stop distance. Up to 2 positions (one trend, one breakout) at a time, at most 4 % of equity at risk in total.