Gold King Breakout Grid
- Experts
- Version: 1.0
- Activations: 10
GOLD KING — Volatility Breakout Grid for XAUUSD
GOLD KING is an automated trading system for gold (XAUUSD) on the M30 timeframe. It combines an ATR-based volatility breakout entry with a same-size grid and a basket take-profit, wrapped in multiple hard safety layers. The goal of the design is simple: enter on genuine momentum, average the entry sensibly when the market goes against you, and always cap the worst case with a fixed group stop-loss and a margin-level emergency close.
This is a tool. It does not promise profit. Automated trading carries real risk, and the grid component means a strong, sustained adverse move can reach the group stop-loss. Please read the whole description and size your risk before using it on a live account.
HOW IT WORKS
1) Entry — Volatility breakout
The EA measures volatility with ATR(14) and enters when price breaks out by a configurable multiple of ATR. The breakout filter avoids reacting to tiny, meaningless moves and waits for genuine expansion. An optional EMA trend filter (50/200) can restrict entries to the prevailing trend direction; with the trend filter off, the EA takes both long and short breakouts for more opportunities.
2) Grid — Same-size averaging (NOT martingale)
If the market moves against the open position, GOLD KING adds additional orders of the SAME lot size at a configurable ATR distance, up to a maximum number of grid levels. This is a crucial design choice: because every grid order is the SAME size, the position cannot snowball the way a martingale (lot-doubling) system does. The maximum exposure is bounded and predictable.
3) Take-profit — Basket target that scales
Instead of closing each order separately, the EA manages the whole group as one basket. It closes all positions together once the combined floating profit reaches the group target. The target scales up as more grid orders are added, so a deeper grid aims for a proportionally larger basket profit.
4) Stop-loss & emergency protection
- Group stop-loss: if the basket's combined loss reaches a fixed amount, the entire basket is closed. This fixes the worst-case loss per cycle.
- Margin emergency close: if the account margin level falls below a safety threshold (default 150%), all positions are closed immediately to protect the account.
- These layers are always active and are the core of the risk control.
RUN-MODE: ONE DROPDOWN FOR RISK
GOLD KING includes a Run-Mode selector with three settings:
- Defensive: roughly half the risk and drawdown
- Standard: the balanced default
- Aggressive: roughly double the risk and reward
Because risk and reward scale proportionally, you choose the profile that fits your account and temperament from a single input.
BUILT-IN PROTECTION & MONITORING
- Economic-calendar news avoidance: pauses new entries around high-impact events (uses the built-in MetaTrader calendar; no external connection required)
- Daily-loss stop and consecutive-loss stop
- Weekend close option
- On-chart dashboard: balance, equity, margin level, today / week / month / all-time P&L, win rate, longest win/loss streak, current drawdown, spread, and the next high-impact event
- Push and email notifications for opens, closes and margin warnings
RECOMMENDED SETUP
- Symbol: XAUUSD (GOLD)
- Timeframe: M30
- Account: works from a modest standard account; for very small balances a micro/cent account is recommended so the minimum lot is not oversized
- Leverage: 1:100 or higher is comfortable
- VPS or an always-on PC is recommended so the EA runs 24/5
- Default Run-Mode is Standard. Choose Defensive for lower risk or Aggressive for higher risk.
KEY INPUTS
- RunMode: Defensive / Standard / Aggressive
- RiskPercent / LotPerDeposit: position sizing
- EntryATR_Multi: breakout sensitivity (ATR multiple)
- UseTrendFilter, TrendEMA_Fast, TrendEMA_Slow: optional trend filter
- GridDistanceATR: spacing between grid orders (in ATR)
- MaxGridCount: maximum number of grid orders
- GroupTP_Base_USD / GroupTP_PerPos_USD: basket take-profit
- GroupSL_USD: basket stop-loss
- EmergencyMarginLevel: margin emergency close threshold
- News filter, daily-loss, weekend-close and notification settings
IMPORTANT RISK DISCLOSURE
This product is a software tool for automated order execution. It is not investment advice and does not manage your funds. No trading system can guarantee profit, and past performance — including any backtest — does not guarantee future results. Grid-based systems can experience large drawdowns and, in extreme sustained trends, reach the group stop-loss. Always test on a demo account first, start with conservative risk, and only trade with money you can afford to lose.
SUPPORT
Please use the built-in chat for questions. Updates and improvements are published through the Market and delivered to you automatically.
