# Kernvio PropFirm Gold MT4

Trend-following breakout EA for XAUUSD H1 with ATR-based stops and daily/total drawdown guards.

Canonical: https://prismaticalgos.com/compendium/algo/7273-kernvio-propfirm-gold-mt4
Record ID: 7273
Catalog rank: 628 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Risk, Money Management & Portfolio Overlays (J)
Source: https://www.mql5.com/en/market/product/195229
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

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.
Build warnings: MT4_ONLY: the captured source is MQL4 / written for MetaTrader 4. It needs porting (order functions, indicator handles) before it runs on MT5.

## Recorded profile

- symbols: XAUUSD
- timeframes: H1
- sessions: 08:00-20:00 server time
- market_regime: trending

## Indicators

- ATR: {"period": 14}; applied to: close

## Recorded long-entry rules

- H4 trend filter, H1 breakout entry

## Recorded short-entry rules

- ...

## Recorded exit rules

- Trailing stop 3.5 ATR on bar close

## Recorded filters

- Daily-loss guard (3.5%), Total-loss guard (7%)
- Budget check before every entry
- Max 2 entries and 2 losing trades per day

## Risk controls

- Stop loss: 1.5 ATR
- Take profit: No fixed take profit
- Position sizing: Risk per trade in percent of the starting balance, adaptive