# Gold H4 Candle Breakout

Breaks above the H4 candle opening range on gold to enter long trades, with trailing stops and profit targets.

Canonical: https://prismaticalgos.com/compendium/algo/7609-gold-h4-candle-breakout
Record ID: 7609
Catalog rank: 1612 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Trend Following & Directional (A)
Source: https://www.mql5.com/en/market/product/198187
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

No automated warnings recorded; this is not validation.

## Recorded profile

- symbols: XAUUSD
- timeframes: H4
- sessions: broker's server hours, GMT+2/+3
- market_regime: trending|null

## Indicators

- Moving-Average Fan: {}; applied to: close
- ADX: {}; applied to: close
- RSI: {}; applied to: close

## Recorded long-entry rules

- ask breaks above the H4 candle opening range and holds

## Recorded short-entry rules

- Not specified.

## Recorded exit rules

- part of the profit is taken at a first target, stop moved to break-even, trailing stop used

## Recorded filters

- trend and regime on higher timeframes
- momentum on a lower timeframe
- structure of recent swings
- spread
- many armed candles are skipped
- bid falls back into the range after the break

## Risk controls

- Stop loss: below the H4 candle opening range
- Take profit: first target and trailing stop
- Position sizing: 1.2 % of equity per trade, adjusted by volatility and market regime, cannot go below broker's minimum lot (0.01)