Breakout Gold EA MT5
- Experts
- Version: 3.54
- Activations: 5
Overview
Breakout Gold EA MT5 is an expert advisor specifically developed for trading Gold (XAUUSD) on the 1-minute chart (M1). It leverages strategic trading approaches around the daily high and low extremes of the market.
Key Features & Mechanics
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Specialization: Tailored exclusively for trading Gold on the 1-minute (M1) timeframe.
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Market Reversal & Extremes: Identifies trading opportunities at the extreme highs and lows of the current or previous day.
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Trend & Candle Filters: Includes built-in filters to determine market direction and analyze candlestick wicks.
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Trailing Functions: Offers various customizable options for automated trailing of Stop-Loss and Take-Profit levels.
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Risk Management: Allows trading with a fixed lot size or a dynamic percentage of account balance, including minimum distance checks.
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Time & News Filters: Features options to restrict trading on specific days of the week, during certain hours, and during high-impact economic news releases.
Recommended Settings
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Symbol: Gold (XAUUSD)
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Timeframe: 1-Minute Chart (M1)
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Spread Limit: Set to 47 points by default (fully customizable)
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Account Type: Fully compatible with both Netting and Hedging accounts
