XAU channel breakout

"I present a trading system that operates on the channel breakout principle (price cannot stay within the same range forever). Choose more volatile pairs such as XAU. The strategy has been tested on the range from 2024 to 2026 on XAU, resulting in a 1,400x deposit increase.

Initial lot = 0.01; (minimum initial lot)

Maximum lot = 0.5; (maximum lot, after which a reset to the initial lot occurs)

Channel width = 0.02; (channel width for breakout in % of price, I recommend setting it as small as possible, not too large)

Target profit = 0.1; (expected profit per trade in % of balance)

Distance for recovery = 1.5; (distance after which the price moves to take profit in % of price, I recommend setting >0.5)

Trailing stop = 0.01; (trailing position in % of price)

Use Take Profit = true;

Reset loss when max lot reached = true; (reset to initial position when maximum lot is reached, I recommend leaving = true;)

Magic number = 123456;

Maximum slippage in points = 30;

// Risk management parameters (recommended as used in the test)

Use money management = true;

Maximum margin usage = 15.0; (%)

Maximum allowed drawdown = 20.0; (%)

// Display parameters

Upper channel line color = clrBlue;

Lower channel line color = clrRed;

Line width = 1;

Line style = 0;

Important: When calculating your risks for a live account, be sure to pay attention to the maximum drawdown and the initial deposit used in these tests.

Happy trading."