GoldTrendBreakOutPro
- Experts
-
Ciceu Gherman
Hello everyone, traders.
My name is Dennis Gherman. I'm passionate about trading and algorithmic robot development, and I've been in the industry for over 5 years, trading both with prop firms and my own capital. - Version: 1.0
Gold Trend Breakout is an expert advisor for XAUUSD (gold) on the 30-minute timeframe, designed to trade breakouts in the direction of the prevailing trend while avoiding counter-trend entries.
How it works:
The system looks for the most recent 30-minute candle with a sufficiently large body (relative to its own volatility range, measured with ATR), skipping weak or indecision candles (dojis). When RSI enters oversold territory, it places a Buy Stop order just above that candle's body; when RSI enters overbought territory, it places a Sell Stop just below it. Both orders are only triggered when their direction matches an exponential trend moving average (200-period EMA by default), which avoids buying breakouts during a strong downtrend or selling breakouts during a strong uptrend.
Risk management:
Risk per trade is set as a fixed amount (RiskUSD) in your account currency, not a percentage. The default values are tuned for a reference account of about $10,000 — IMPORTANT: before running the EA on your own account, adjust RiskUSD (and ActivationUSD) to match your actual capital, so you don't risk too large a share of a small account or under-risk on a large one. Take profit sits at the same distance as the stop loss (1:1 reward/risk). Once floating profit reaches the configured ActivationUSD amount, the stop loss is moved to lock in that gain, and from there it trails price at a fixed distance.
Configurable parameters:
- RSI period and thresholds
- ATR period and minimum candle body threshold
- Enable/disable the trend filter and its EMA period
- Risk per trade (RiskUSD, fixed amount — adjust to your account)
- Trailing stop activation amount (ActivationUSD) and trail distance
This product trades with pending orders (Buy Stop / Sell Stop), keeps at most one open position at a time, and is specifically designed for the XAUUSD pair on the M30 timeframe.
Backtest results shown on the product page are historical tests and do not guarantee future results. It is recommended to test the expert advisor on a demo account before trading with real funds.
