Tycoon Breakout MT5
- Experts
- Version: 1.40
- Updated: 20 September 2026
- Activations: 15
TYCOON Breakout MT5 1.4 is a fully automated Expert Advisor for XAUUSD / Gold on MetaTrader 5.
Tycoon was developed to trade larger breakout and momentum movements in the gold market. The focus is on pronounced market moves, larger price ranges and robust trade management.
The EA waits for the internal conditions of its individual strategies and does not trade continuously.
LIVE TRADING SIGNAL
The following MQL5 signal shows TYCOON under real market conditions:
4 INDEPENDENT STRATEGIES
Tycoon combines four independent trading strategies:
- PARK
- PLAZA
- TOWER
- ESTATE
Each strategy has its own entry logic, market conditions, production parameters and separate trade management.
For each strategy, the following can be selected individually:
- ON / OFF
- BUY & SELL
- ONLY BUY
- ONLY SELL
- individual Money Management
- individual risk or lot size
The strategies can trade independently.
Tycoon 1.4 limits each strategy to a maximum of one open position at a time. Depending on the strategy, several well-spaced Pending Orders may be managed before an entry is triggered.
TYCOON RISK PROFILES
Tycoon 1.4 also provides preconfigured strategy combinations:
- LOW – ESTATE
- MEDIUM – PARK + ESTATE
- HIGH – PARK + PLAZA + ESTATE
- ARMAGEDDON – all 4 strategies
- CUSTOM – manual strategy selection
The approximate trade counts displayed in the EA are based on a historical backtest from 01.01.2026 to 30.08.2026 and are not a guarantee of future trade frequency.
Risk Profiles primarily determine the strategy combination being used. Actual position size and risk are still controlled through the Money Management settings of the individual strategies.
MONEY MANAGEMENT
Tycoon offers three different methods for position sizing:
- Fixed Lot – fixed lot size
- Risk Percent – automatic position size based on the selected percentage risk
- Risk per Balance – automatic lot scaling based on the current account balance
Money Management can be configured separately for PARK, PLAZA, TOWER and ESTATE.
Since several strategies may trade at the same time, the combined overall risk should always be taken into account.
FINAL PRODUCTION PARAMETERS
In sales version 1.4, the final optimized entry offsets are frozen internally and are not exposed as customer inputs.
Stop Loss, Take Profit, trailing and the internal structure and signal parameters also use the final production values.
This intentionally keeps the customer interface compact and focused on:
- strategy ON / OFF
- BUY / SELL direction
- Money Management
- Risk Profile
- News Filter
- Dashboard
Auto Offset and Regime Guard are not included in sales version 1.4.
AUTOMATIC TRADE MANAGEMENT
Tycoon handles the complete trading process automatically:
- BUY and SELL entries
- breakout-level calculation
- Pending Orders
- Stop Loss
- Take Profit
- Trailing Stop
- position management
- automatic risk and lot calculation
- automatic updating of Pending Orders
- news blocks
- weekend protection
As soon as a strategy has an open position, remaining Pending Orders from that same strategy are removed and new entries for that strategy are blocked while the position remains open.
HYBRID TRAILING & PROTECTION SYSTEM
Tycoon 1.4 uses a broker-first hybrid system.
The EA first attempts to place the desired protection level as a visible Stop Loss directly with the broker.
Tycoon takes into account factors including:
- Stop Levels
- Freeze Levels
- Slippage
- broker rejects
- fast market movements
- broker execution
If a requested Stop Loss or trailing adjustment cannot temporarily be placed with the broker, the exact protection level remains active internally as a virtual fallback.
If the market reaches this virtual protection level, Tycoon attempts to close the position. Once a close process has been triggered, the close intent remains active and is retried on later ticks when necessary until the exact position ticket is actually closed.
In live and demo trading, virtual protection levels are stored and can be restored after a restart of MT5, the EA or the VPS.
NEWS FILTER
Tycoon includes an integrated News Filter for important USD economic news.
By default, the News Filter is enabled and monitors events including:
- FOMC / Fed Rate Decision
- CPI / Core CPI
- Non-Farm Payrolls
- Unemployment Rate
- Average Hourly Earnings
- PCE / Core PCE
Additional events can be enabled:
- PPI / Core PPI
- US GDP
- Retail Sales
- ISM Manufacturing
- ISM Services
By default, new entries can be blocked 30 minutes before and 30 minutes after selected news events.
Existing Tycoon Pending Orders can also be removed inside the news window.
The News Filter can be disabled completely.
NEWS WEEK RISK MODE
Tycoon 1.4 includes a manual News Week Risk Mode.
Available settings:
- OFF
- REDUCE 25%
- REDUCE 50%
This allows position size or the selected risk to be reduced during especially volatile or important news weeks.
IMPORTANT – NEWS FILTER SETUP
For the external news backup feed to work, the required WebRequest must be allowed in MetaTrader 5.
In MT5:
Tools → Options → Expert Advisors → Allow WebRequest
Then add the news URL specified in the Tycoon EA to the list of allowed WebRequest URLs.
WEEKEND PROTECTION
From Friday 22:00 broker/server time, all TYCOON Pending Orders are removed and new Pending Orders are blocked.
The block remains active throughout Saturday and Sunday.
Normal entry operation can resume from Monday 00:00 broker/server time.
Positions that are already open remain unaffected and continue to be managed by Stop Loss, Take Profit and the hybrid protection system.
BROKER QUALITY & EXECUTION MONITORING
Tycoon monitors not only broker ping, but actual trade execution.
Factors taken into account include:
- actual Execution Time
- broker rejects
- Spread
- Slippage
- average Slippage
- last Slippage
- worst Slippage
- Slippage cost
- fill information
Tycoon uses several of these values to calculate its own Broker Quality rating.
A low ping alone does not guarantee good execution.
VPS QUALITY
Broker execution and VPS connection quality are rated separately.
Broker Quality evaluates actual order execution.
VPS Quality evaluates factors including:
- connection to the trading server
- current ping / latency
- connection status
This helps distinguish whether possible execution problems are more likely related to the broker or to the server/VPS connection.
DASHBOARD MODES
Tycoon 1.4 provides three dashboard modes:
- OFF
- COMPACT
- FULL
The Dashboard is set to OFF by default in the sales version.
While a Tycoon position is open, heavier Dashboard work is deliberately paused so that trade management and protection logic receive priority.
FULL DASHBOARD
The FULL Dashboard displays information including:
- performance per strategy
- daily result
- total result
- Profit Factor
- number of trades
- Win Rate
- last trade
- last fill
- last Slippage
- average Slippage
- worst Slippage
- Slippage cost
- profit/drawdown curve
- maximum Drawdown
- Money Management per strategy
- Broker Quality
- VPS Quality
- News Filter status
- current Risk Profile
- open positions and Pending Orders
- breakout-zone status
COMPACT DASHBOARD
The COMPACT Dashboard displays the most important Tycoon data in a significantly smaller layout and reduces graphical load.
OFF
In OFF mode, the Dashboard is completely disabled.
This mode is particularly suitable for VPS systems running multiple MetaTrader terminals at the same time.
FEATURES
- developed for XAUUSD / Gold
- 4 independent strategies
- PARK / PLAZA / TOWER / ESTATE
- separate strategy ON / OFF
- BUY & SELL / ONLY BUY / ONLY SELL separately per strategy
- breakout and momentum logic
- maximum one open position per strategy
- automatic Pending Order management
- LOW / MEDIUM / HIGH / ARMAGEDDON / CUSTOM Risk Profiles
- Fixed Lot
- Risk Percent
- Risk per Balance
- internally frozen production entry offsets
- integrated USD News Filter
- selectable news events
- News Week Risk Mode: OFF / -25% / -50%
- weekend protection from Friday 22:00 broker time
- broker-first hybrid trailing
- persistent virtual fallback
- Freeze-Level handling
- Slippage Monitoring
- Execution Monitoring
- Broker Quality rating
- VPS Quality rating
- FULL / COMPACT / OFF Dashboard
- suitable for VPS operation
RECOMMENDED SETUP
Symbol: XAUUSD / Gold
Timeframe: H1 recommended
Algo Trading: ON
VPS: as close as possible to the broker server
News Filter: correctly enable WebRequest
Tycoon may remain without a trade for a longer period after startup.
Each strategy waits for its own internal market conditions and breakout setups.
Wait for the setup. Do not force trades.
BROKER & EXECUTION
Different brokers can produce different results even with identical Tycoon settings.
Factors that may affect results include:
- Spread
- Slippage
- Execution Time
- broker rejects
- liquidity and market conditions
- account type
- server location
- VPS quality
- XAUUSD contract specifications
Tycoon was developed for larger market movements and is therefore less focused on extremely short-term entries than classic scalping systems. Even so, broker execution quality can affect actual results.
A low ping alone does not guarantee good execution.
BEFORE LIVE TRADING
Before live trading, Tycoon should always be tested under the conditions of the user's own broker.
Particular attention should be paid to:
- Drawdown
- Spread
- Slippage
- Execution Time
- required margin
- combined risk of all enabled strategies
It is recommended to start with low risk or a small lot size and observe the EA's behavior under the user's own broker conditions.
RISK NOTICE
Trading forex and CFDs on margin involves a high level of risk and is not suitable for every investor.
Past results and backtests are not a reliable indication of future performance.
TYCOON Breakout MT5 does not guarantee profits.
Market conditions, broker execution, Spread, Slippage, liquidity, technical disruptions and other factors may affect actual results.
The user is responsible for the selected settings, lot size and overall risk.

Got this EA since launch, and can honestly say this is one of my favorite breakout EA in my arsenal. It works great in tandem with Ghost Scalper, where if the other EA losses, the other can win and they help balance stuff out if run in tandem. The stuff written in the comments by other users in regards to the EA not performing as seen on backtests are quite baseless. With any breakout system, it's impossible to replicate what you see in the backtest to the live markets because of broker related stuff such as slippage, execution, and so on. In fact, these breakout EAs dont work on all brokers and you have to be using a fast ECN broker. I just hope Thommy finally adds the comment input on his EAs, please please please. (I was expecting it on ghost v5 but still didn't come out there..) Anyway, i hope this review helps other potential users in the future.