# Gold Skeith Era MT5

Automated Expert Advisor for trading breakout volatility on XAUUSD, using previous day's high and low as entry points.

Canonical: https://prismaticalgos.com/compendium/algo/6058-gold-skeith-era-mt5
Record ID: 6058
Catalog rank: 1510 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Trade & Execution Management (K)
Source: https://www.mql5.com/en/market/product/168326
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.

## Recorded profile

- symbols: XAUUSD
- timeframes: Any timeframe
- sessions: Broker server day
- market_regime: volatile

## Indicators

No indicator stack recorded.

## Recorded long-entry rules

- Buy Stop above the previous day's high

## Recorded short-entry rules

- Sell Stop below the previous day's low

## Recorded exit rules

- Once one side is triggered, the opposite pending order can be automatically cancelled (OCO mode)

## Recorded filters

- No Martingale
- No Grid or Averaging
- No Hedging or Arbitrage
- Strict Fixed Risk per Trade

## Risk controls

- Stop loss: Fixed protective stop loss applied to active positions
- Take profit: Fixed target profit applied to active positions
- Position sizing: Fixed Lot Size or Risk Percent