Aurum Range Breakout

LAUNCH PRICE: 49 USD for the first 10 copies. After that the price rises in steps (99, 199, 499, 999 USD) up to the final price of 2,499 USD.

New from Aurum: Aurum Gold Portfolio - five gold breakout engines (H4 + H1) in one EA.

Aurum Range Breakout is a fully automated Expert Advisor for Gold (XAUUSD) on MetaTrader 5. It trades one of the best-known session patterns in gold: the quiet Asian session builds a range, and the London session often breaks it.

HOW IT TRADES

1. Range: from 00:00 to 05:00 GMT the EA records the high and low of the Asian session.

2. Orders: at 05:00 GMT it places a Buy Stop just above the range and a Sell Stop just below it (buffer 5% of the range width). The first order filled wins; the other one is cancelled automatically (OCO).

3. Protection: the Stop Loss is on the other side of the range and is sent with the order. Take profit at 1R. Days with a range that is too narrow or too wide compared with the daily ATR are skipped.

4. Flat: unfilled orders are cancelled at 15:00 GMT and an open trade is closed at 16:00 GMT.

At most one trade per day. Never a grid, martingale, averaging or recovery lot. No trade is held overnight, so there are no swap costs.

BACKTEST RESULTS (Strategy Tester, XAUUSD, real broker MT5 data, 1-minute OHLC, 10,000 USD, 0.5% risk per trade, July 2021 - September 2026)

  • Net profit: +4,545 USD (+45%)
  • Profit factor: 1.19, recovery factor: 4.72, Sharpe ratio: 2.42
  • Trades: 1,250 (679 long, 571 short), win rate 53.7%
  • Average win +41.64 / average loss -40.40, longest losing streak: 7 trades
  • Maximum relative equity drawdown: 9.47%
  • By year: 2021 (Jul-Dec) -4.4%, 2022 +4.6%, 2023 +2.4%, 2024 +14.5%, 2025 +9.0%, 2026 (Jan-Sep) +13.9%
  • Prop-firm setting (0.25% risk, 100,000 USD): +24.7%, maximum drawdown 5.07%

The edge is steady, not spectacular: the profit factor is 1.19 and some years were flat. These numbers are shown as they are. Download the free demo and run it in the Strategy Tester on your own broker's data before you buy.

Built for gold only. We also tested the same rules on EURUSD, GBPUSD, USDJPY and BTCUSD and they did not work there, so we do not recommend it for those symbols.

SMART PANEL

  • Session clock with the range, the breakout window and the closing time
  • Today's range high and low and its width compared with the daily ATR
  • The exact Buy Stop and Sell Stop levels; the range box is also drawn on the chart
  • The open trade in R-multiples and money
  • Equity, risk per trade, daily P/L and drawdown meters, one-click PAUSE and CLOSE ALL

ACCOUNT PROTECTION

  • Risk-based position sizing (or a fixed lot)
  • Daily loss limit: closes the EA's trade, cancels its orders and pauses for the day
  • Optional maximum drawdown stop
  • Skips a trade when even the minimum lot would risk too much (default 5% of equity)
  • Spread, free margin, broker stop/freeze levels and trading session checks before every order
  • Works on hedging and netting accounts. No DLL, no internet connection required

TIME ZONE

All session hours are in GMT. The broker's server time zone is detected automatically, also in the Strategy Tester (brokers on GMT+0 and brokers on GMT+2/+3 New York close). You can also set it manually.

RECOMMENDED SETTINGS

  • Symbol: XAUUSD (any suffix, e.g. XAUUSDm, GOLD). Any chart timeframe gives the same trades; M15 is convenient. One chart is enough.
  • Regular accounts: risk per trade 0.5% (default).
  • Prop-firm accounts: risk per trade 0.25%, daily loss limit 2%, max drawdown stop 8% (set file in the user guide).
  • Recommended deposit: 2,000 USD or more. On smaller accounts the 0.01 minimum lot risks more than 0.5% on many days.
  • A broker with low gold spreads; a VPS is recommended.

MAIN INPUTS

Lot mode, risk per trade, fixed lot - server time zone - range start/end, order cancel hour, close hour (GMT) - trade direction - entry buffer, take profit in R, minimum/maximum range vs ATR - optional breakeven - daily loss limit, max drawdown stop, max spread - magic number, comment, panel and range box on/off.

User guide + set files: https://www.mql5.com/en/blogs/post/777028

IMPORTANT

Trading gold carries a high level of risk. Backtest results do not guarantee future results. Use only money you can afford to lose and test on a demo account first.

After purchase, send me a private message if you have any questions about settings. I reply as soon as I can.

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