Beagle Gold on prop firms: 0.01 per 6,500 USD. Not for 5,000 USD accounts
Trading Strategies

Beagle Gold on prop firms: 0.01 per 6,500 USD. Not for 5,000 USD accounts

16 October 2026, 18:48
Fernando Henrique Funicelli
Fernando Henrique Funicelli
0
36

Beagle Gold works on an account with hard limits, where the worst backtest day stayed near 1%, and on an account shared with other EAs. This guide shows how to size its exposure in both cases, with the numbers behind the table.


Prop firms: use a fixed lot

Most firms work with a 5% maximum daily loss and a 10% maximum overall loss, measured on the challenge's starting balance. Since those limits are fixed in dollars, the simplest approach is a fixed lot: what Beagle can lose stays the same size instead of growing with the balance. With the lot growing with the account, no profile stayed within 10% in the backtest from January 2023 to October 2026 (even Conservative reached a 17% drawdown).

Here's the math we use. With a fixed lot, the largest drop in the backtests from January 2023 to October 2026 cost about 480 USD per 0.01 lot, and the worst day about 70 USD. We use 0.01 for every 6,500 USD of account, which keeps that largest drop at 8% of the account or less, 2 percentage points under the 10% overall limit, and the worst day near 1%:

Account Fixed lot Largest backtest drop Worst backtest day Daily limit (5%) Overall limit (10%)
10,000 USD 0.01 about 480 USD (4.8%) about 70 USD (0.7%) 500 USD 1,000 USD
25,000 USD 0.03 about 1,450 USD (5.8%) about 210 USD (0.9%) 1,250 USD 2,500 USD
50,000 USD 0.07 about 3,390 USD (6.8%) about 500 USD (1.0%) 2,500 USD 5,000 USD
100,000 USD 0.15 about 7,270 USD (7.3%) about 1,060 USD (1.1%) 5,000 USD 10,000 USD
200,000 USD 0.30 about 14,540 USD (7.3%) about 2,130 USD (1.1%) 10,000 USD 20,000 USD

The largest drop is the deepest fall from a peak in the backtest, built over several days: it is the number to compare with the overall limit. The worst day is the one to compare with the daily limit. Want more headroom? Use a smaller lot than the table: both numbers shrink in the same proportion.

Why the table starts at 10,000 USD: below 6,000 USD (a 5,000 USD challenge account, for example), even the minimum lot of 0.01 puts the largest drop past 8% of the account. On those accounts Beagle doesn't fit this rule.

Backtest period: the cost of one stop comes from 2025-2026 backtests; the largest drop and the worst day, from January 2023 to October 2026. If market conditions change a lot, check the next-entry lot on the panel and redo the math with the same rule.

How to set it up:

  1. Lot mode: Fixed lot size. Fixed lot size: the lot from the table.
  2. Max lot per entry: the same lot, as a safety cap.
  3. Account drawdown protection: "% of balance: close all trades and stop the EA", with a Drawdown limit of 4.5. It watches the open loss of Beagle's trades only, so it is a last-resort brake, not a daily counter: in the backtests, with the table's lots, even the worst day stayed near 1%. If it ever fires, it closes Beagle's trades and stops the EA at 4.5% of open loss, below the 5% daily limit. It doesn't count losses already closed that day, and a gap can carry an exit past it.
  4. Pause new entries on FOMC and US payroll days: optional. With a fixed lot of 0.01 it cost little in the backtests: the return went from +35% to +33% and the drawdown from 2.3% to 2.5%; the worst day stayed the same. The table above is with it off. Turn it on if your firm restricts trading on those days.
  5. Short Friday: it stops new trades on Friday from the hour you set, but it does not close open ones. In the fixed-lot backtest, 17 of 1,659 trades were held over a weekend. If your firm doesn't allow positions over the weekend, close them yourself on Friday.

Before you start, check your firm's rules: some don't allow EAs or hedging accounts, and many offer lower leverage on gold. Beagle's results are on a hedging account, with at most two trades open at the same time.


Sharing the account with other EAs

  1. Automatic lot calculated on: A fixed amount. Use Beagle's slice of the account as the fixed amount. For example, on a 20,000 USD account split among four EAs, 5,000 USD for Beagle. Keep the slice at 1,750 USD or more on Moderate (3,500 USD on Conservative), so the profile works as described.
  2. Magic number: Keep any other EA's magic number at least 10,000 away from Beagle's.
  3. Panel: the drawdown shown on the panel is Beagle's, not the whole account's, so you can follow its slice without mixing it with the others.
  4. Drawdown protection: it also measures Beagle's trades only. Losses from the other EAs don't trigger it.

Keep in mind that margin belongs to the whole account. If free margin runs short, Beagle skips the entry and says so in the log.


Need help sizing it?

Send us, through the MQL5 chat, your account size, your firm's daily and overall loss rules (or the slice you want to give Beagle) and your broker. We'll reply with the numbers.

Trading gold with leverage carries a risk of significant losses. The results in this post come from backtests in the Strategy Tester; live results will differ. Past results, whether tested or live, do not guarantee future results.


Lucky Dogs Trading Systems

#xauusd, Risk Management, MT5, Prop Firm, Fixed lot, Beagle Gold