# Hedgedog The Gold Eater

Dual-entry hedging mechanism with ATR-based recovery grid and Bollinger Bands for XAUUSD on M1 timeframes.

Canonical: https://prismaticalgos.com/compendium/algo/7675-hedgedog-the-gold-eater
Record ID: 7675
Catalog rank: 1951 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Mean Reversion & Counter-Trend (B)
Source: https://www.mql5.com/en/market/product/194276
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: M1
- sessions: Monday market opens to avoid weekend gap anomalies
- market_regime: trending|ranging|volatile

## Indicators

- Bollinger Bands: {}; applied to: close
- ATR: {}; applied to: close

## Recorded long-entry rules

- Bollinger Bands body breakouts or wick touches

## Recorded short-entry rules

- ...

## Recorded exit rules

- Basket trailing stop once average profit threshold reached

## Recorded filters

- Daily profit target rest
- Max spread protection
- Broker-side failsafe
- Native MT5 news filter
- Anti-stacking sweeper

## Risk controls

- Stop loss: Hard equity stop at $300 daily drawdown limit
- Take profit: Not explicitly stated
- Position sizing: Not explicitly stated