# NinjaKagehana Ver2.00

Automated MetaTrader 5 Expert Advisor for XAUUSD/GOLD using a SELL-fade rule based on M5 and M15 conditions.

Canonical: https://prismaticalgos.com/compendium/algo/7498-ninjakagehana-ver2-00
Record ID: 7498
Catalog rank: 1629 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Grid, Martingale & Averaging (C)
Source: https://www.mql5.com/en/market/product/188528
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: THIN SAMPLE: 41 trades - below the ~100 needed before a win rate or profit factor carries much information.; 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: M5
- sessions: Not specified
- market_regime: volatile

## Indicators

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

## Recorded long-entry rules

- Not specified.

## Recorded short-entry rules

- Completed bullish M5 extreme near high with M15 highly choppy and directionally limited

## Recorded exit rules

- Stop Loss 1.00 x M5 ATR14, Take Profit 1.60R, max holding time 180 minutes

## Recorded filters

- 4% UTC-day equity lock
- 10% peak-equity drawdown lock
- 16-hour pause after H4 shock of 2.40x
- spread and gap controls
- no new entries after Friday 16:00 UTC
- Friday flattening at 19:30 UTC
- no weekend holding

## Risk controls

- Stop loss: 1.00 x M5 ATR14
- Take profit: 1.60R
- Position sizing: Fixed Lot 0.01, Max Lot 0.01, Custom risk modes available