{
  "id": 7324,
  "rank": 604,
  "name": "Gold Channel Rider",
  "aka": [],
  "family": "K",
  "subtype": "K1",
  "one_liner": "Automated trading strategy for XAUUSD based on breakout from multi-day channels with adaptive stop loss and take profit.",
  "market_regime": "trending",
  "timeframes": [
    "H1"
  ],
  "symbols": [
    "XAUUSD",
    "GOLD",
    "XAUUSD.m"
  ],
  "sessions": [
    "broker's real Friday close",
    "weekend close"
  ],
  "indicators": [],
  "entry_long": [
    "price breaks above the 5-day, 10-day, or 20-day channel",
    "price breaks above the 20-day channel with trailing stop"
  ],
  "entry_short": [
    "price breaks below the 5-day, 10-day, or 20-day channel",
    "price breaks below the 20-day channel with trailing stop"
  ],
  "exit_rules": [
    "stop loss and take profit are placed in ATR units, with trailing stops on some strategies"
  ],
  "filters": [
    "trend filter based on 120-day gold's move",
    "news filter: no separate one",
    "max spread 2.0 pips"
  ],
  "stop_loss": "8 ATR for S1, 4 ATR for S2 and S3, 8 ATR for S4",
  "take_profit": "16 ATR for S1 and S4, 8 ATR for S2 and S3",
  "position_size": "risk % of balance, or fixed lot",
  "evidence_type": "backtest_shown",
  "completeness": 80.0,
  "signal_warnings": null,
  "claim_warnings": null,
  "opacity_warnings": null,
  "build_warnings": null,
  "canonical": "https://prismaticalgos.com/compendium/algo/7324-gold-channel-rider",
  "snapshot": "2026-10-31 15:46 UTC",
  "source_url": "https://www.mql5.com/en/market/product/195647",
  "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."
}