# Phoenix Midas

Detects market structure through order-flow analysis to enter trades on liquidity sweeps and level breakouts, with fixed risk management.

Canonical: https://prismaticalgos.com/compendium/algo/9786-phoenix-midas
Record ID: 9786
Catalog rank: 2575 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Trend Following & Directional (A)
Source: https://www.mql5.com/en/market/product/185023
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: M15
- sessions: Not specified
- market_regime: trending|ranging|volatile

## Indicators

No indicator stack recorded.

## Recorded long-entry rules

- Liquidity Sweep: detects when price sweeps a prior swing high/low and rejects it, entering on the reversal with order-flow confirmation (delta shift + wick exhaustion).
- Level Breakout: enters on volume-confirmed breaks of significant levels, aligned with the prevailing order-flow bias.

## Recorded short-entry rules

- Not specified.

## Recorded exit rules

- Fast TP (counter-trend): when a signal runs against the higher-timeframe (daily) trend, the EA switches to a reduced reward target to bank the move earlier instead of overstaying it.

## Recorded filters

- News filter
- Optional session filter
- End-of-day close to avoid holding through the weekend gap

## Risk controls

- Stop loss: ATR-based stop loss
- Take profit: Defined take profit
- Position sizing: Position size is calculated from your risk % and the ATR-based stop distance — not fixed lots.