Gold Daily Candle Breakout MT5

NO GRID / NO MARTINGALE

Gold Daily Candle Breakout MT5 is a fully automated Gold trading EA for MetaTrader 5, developed specifically for XAUUSD. It uses a previous-day high and low breakout strategy based on the completed daily candle.

The Expert Advisor automatically places Buy Stop and Sell Stop pending orders around the previous daily range. When Gold reaches a breakout level, the EA enters the trade.

3 slots left at $99! Price will then change to $199.

Live Signal

The EA is running on a real account and can be monitored through the official MQL5 Signals service:

https://www.mql5.com/en/signals/2385613

Important: the complete signal history should not be interpreted as the performance of one unchanged configuration.

Until approximately mid-July 2026, I was testing several different Daily Candle Breakout settings on this live account. Some of these experimental configurations performed poorly and are responsible for a significant part of the drawdown visible in the full account history.

After this testing phase, I selected the settings that produced the best combination of backtest and live results. The current configuration was introduced after the testing period.

I intentionally keep the earlier losing results visible rather than hiding them or starting a new account. This allows users to see the complete development and testing history of the strategy.

The live signal currently operates with 10% risk per trade, which is aggressive. Lower risk settings can be used with the EA.

How the Gold Daily Breakout Strategy Works

At the beginning of a new trading cycle, the EA:

1. Reads the previous completed daily candle.
2. Calculates the upper and lower breakout levels.
3. Places a Buy Stop above the range.
4. Places a Sell Stop below the range.
5. Manages the activated position with a trailing stop.
6. Closes the position using its Stop Loss, Take Profit or trailing-stop conditions.

The strategy is based on price breakout logic rather than indicator signals.

Risk management

Each trade is protected by:

• One Stop Loss.
• One Take Profit.
• Trailing-stop management.
• Configurable position sizing and trading parameters.

The EA does not use:

• Martingale.
• Grid trading.
• Loss-recovery sequences.
• Multiple averaging positions.

There is no increase in position size intended to recover previous losses.

Execution requirements

Daily Candle Breakout uses pending stop orders, so execution quality can materially affect its results.

For the closest possible execution to the reference tests, it is recommended to use:

• A low-latency VPS located close to the broker’s trading server (I recommend Hyonix)
• A broker with fast and stable order execution.
• Competitive XAUUSD spreads.
• Low slippage.
• Reliable execution of pending orders.
• Stable internet and VPS connectivity.

Different brokers can produce different results because of differences in spreads, commissions, liquidity, slippage, symbol specifications, server time and pending-order execution.

A VPS does not guarantee identical results, but it can reduce connection delays and interruptions.

Real Tick Backtesting

Tests published by Tested Signals are performed using real-tick data whenever available.

The purpose is to evaluate the strategy under more realistic price movements instead of relying only on simplified candle modelling.

Backtest results are not presented as live results. Historical performance cannot guarantee future profitability.

Transparency

Tested Signals is focused on transparent strategy evaluation.

Losing trades and losing periods are not removed from reports simply to make a new update appear more profitable. Updates may improve execution, compatibility or strategy parameters, but they do not change the historical trades already produced.

Users should evaluate:

• Maximum drawdown.
• Number of trades.
• Average profit and loss.
• Broker execution conditions.
• Length of the testing period.
• Differences between backtesting and live trading.

Recommended use

The EA is designed primarily for:

• Symbol: XAUUSD.
• Platform: MetaTrader 5.
• Execution: Low-latency VPS recommended.
• Account type: Conditions suitable for pending stop orders.

Before using the EA with significant capital, test it in the Strategy Tester and on a demo account using the intended broker’s XAUUSD symbol and trading conditions.

Risk warning

Trading gold involves significant financial risk. Breakout strategies can experience false breakouts, slippage, spread expansion and consecutive losses.

No Expert Advisor can guarantee profits. Use an appropriate position size and only trade with capital you can afford to lose.