# Gold Breakout EA

Automated trading bot that places buy and sell stops at the previous day's high and low, with aggressive trailing stop-loss.

Canonical: https://prismaticalgos.com/compendium/algo/27-gold-breakout-ea
Record ID: 27
Catalog rank: 94 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Trade & Execution Management (K)
Source: https://www.youtube.com/watch?v=X5nsTbFoU6Y
Evidence label (unverified): forward_results

## 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: HIGH WIN RATE: claimed 91%. Attainable, but nearly always by banking many small wins against rare large losses - check the payoff ratio and the worst single trade before trusting it.; VERY THIN SAMPLE: 26 trades. Performance figures over so few trades are indistinguishable from luck.
Build warnings: DAILY_LOW_COUNT: daily-or-slower timeframe on a single instrument. Expect well under 100 trades in five years, so a backtest will rarely reach statistical significance on its own.

## Recorded profile

- symbols: XAUUSD
- timeframes: D1
- sessions: any
- market_regime: volatile

## Indicators

No indicator stack recorded.

## Recorded long-entry rules

- buy stop placed at previous day's high

## Recorded short-entry rules

- sell stop placed at previous day's low

## Recorded exit rules

- trailing stop-loss aggressively trails the trade

## Recorded filters

- Not specified.

## Risk controls

- Stop loss: trailing stop-loss
- Take profit: default take-profit is $2,700, but it never reaches this point due to aggressive trailing
- Position sizing: not specified
