# New Era Gold

Automated Expert Advisor for XAUUSD on M3 timeframe, designed for high-volatility gold market conditions.

Canonical: https://prismaticalgos.com/compendium/algo/5671-new-era-gold
Record ID: 5671
Catalog rank: 363 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Grid, Martingale & Averaging (C)
Source: https://www.mql5.com/en/market/product/185607
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: 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.
Opacity warnings: UNDEFINED ENTRY TERM: the entry conditions are prose naming a concept with no numeric definition, so two readers would implement them differently. Advisory only -- this does not affect the score.

## Recorded profile

- symbols: XAUUSD
- timeframes: M3
- sessions: 23:00 server time daily hard close
- market_regime: volatile

## Indicators

- ATR: {"period": null}; applied to: close

## Recorded long-entry rules

- not explicitly stated

## Recorded short-entry rules

- not explicitly stated

## Recorded exit rules

- 30% profit target with trailing stop

## Recorded filters

- no martingale, no grid, no averaging
- Scale-In optional (default on)

## Risk controls

- Stop loss: fixed stop loss on every trade
- Take profit: 30% profit target with trailing stop
- Position sizing: fixed lot of 0.01, minimum $5k balance to risk 1% per trade