# GoldFather28 Gold Breakout

Automated EA for XAUUSD (M5) that trades on gold breakout during the Asian session with fixed SL and TP.

Canonical: https://prismaticalgos.com/compendium/algo/12701-goldfather28-gold-breakout
Record ID: 12701
Catalog rank: 475 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Time, Session & Seasonality (F)
Source: https://www.mql5.com/en/market/product/203682
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: M5
- sessions: 03:00-06:00 UTC
- market_regime: trending

## Indicators

- EMA: {"period": 200}; applied to: close

## Recorded long-entry rules

- M5 candle closes above the recent 50-bar high

## Recorded short-entry rules

- M5 candle closes below the recent 50-bar low

## Recorded exit rules

- Stop Loss set at break-even after +2R
- Take Profit placed at 4R

## Recorded filters

- News filter: no new trades around high-impact USD news (configurable minutes before/after)
- Daily equity guard: 4% below the start of the day
- Total equity guard: 9% below the starting balance

## Risk controls

- Stop loss: Fixed at break-even after +2R
- Take profit: Fixed at 4R
- Position sizing: 1% of the starting balance with automatic lot size