# Golden Galleon

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.

Canonical: https://prismaticalgos.com/compendium/algo/8249-golden-galleon
Record ID: 8249
Catalog rank: 2080 (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/192830
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: M5
- sessions: Monday–Thursday 10:00–13:00 server-time (GMT+2/+3)
- market_regime: volatile

## Indicators

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

## Recorded long-entry rules

- price has stretched a set number of ATRs away from its average

## Recorded short-entry rules

- price has stretched a set number of ATRs away from its average

## Recorded exit rules

- hard stop-loss on every trade, with a maximum of two positions at a time

## Recorded filters

- market-regime filter: stays out of low-volatility markets
- strong-trend gate: two D1 filters block entries against a runaway market

## Risk controls

- Stop loss: hard stop-loss on every trade
- Take profit: Not specified
- Position sizing: Not specified