{
  "id": 8249,
  "rank": 2080,
  "name": "Golden Galleon",
  "aka": [
    "Golden Galleon - Session Scalper for Gold"
  ],
  "family": "B",
  "subtype": "B2",
  "one_liner": "Trades mean reversion by entering when price has stretched a set number of ATRs away from its average, selling overbought spikes and buying oversold dips.",
  "market_regime": "volatile",
  "timeframes": [
    "M5"
  ],
  "symbols": [
    "XAUUSD"
  ],
  "sessions": [
    "Monday–Thursday 10:00–13:00 server-time (GMT+2/+3)"
  ],
  "indicators": [
    {
      "name": "ATR",
      "params": {
        "period": null
      },
      "applied_to": "close"
    }
  ],
  "entry_long": [
    "price has stretched a set number of ATRs away from its average"
  ],
  "entry_short": [
    "price has stretched a set number of ATRs away from its average"
  ],
  "exit_rules": [
    "hard stop-loss on every trade, with a maximum of two positions at a time"
  ],
  "filters": [
    "market-regime filter: stays out of low-volatility markets",
    "strong-trend gate: two D1 filters block entries against a runaway market"
  ],
  "stop_loss": "hard stop-loss on every trade",
  "take_profit": null,
  "position_size": null,
  "evidence_type": "backtest_shown",
  "completeness": 50.0,
  "signal_warnings": null,
  "claim_warnings": null,
  "opacity_warnings": null,
  "build_warnings": null,
  "canonical": "https://prismaticalgos.com/compendium/algo/8249-golden-galleon",
  "snapshot": "2026-10-31 15:46 UTC",
  "source_url": "https://www.mql5.com/en/market/product/192830",
  "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."
}