Aurum Gold Breakout Duo
- Experts
- Version: 1.0
Aurum Gold Breakout Duo is the free edition of Aurum Gold Portfolio, an Expert Advisor for Gold (XAUUSD) on MetaTrader 5. It runs two of the portfolio's independent H4 breakout engines with a fixed lot.
User guide + set files: https://www.mql5.com/en/blogs/post/777060
HOW IT TRADES
- Every engine watches a price channel: the highest high and the lowest low of its last N bars (support and resistance).
- At each bar it places a Buy Stop at the channel high and a Sell Stop at the channel low. Engines with a trend filter only place the order in the direction of their EMA. Unfilled orders are cancelled and refreshed at the next bar.
- When one side fills, the other order of that engine is cancelled. Every order is sent with its Stop Loss (2.5 to 4 x ATR) and an ATR take profit; two engines also trail the stop.
- Each engine holds at most one trade. Both engines run on H4 bars that the EA builds in GMT, so every broker gets the same signals.
THE TWO ENGINES
- E2 - H4, 30-bar channel, EMA 200 filter, SL 4 ATR, TP 6 ATR, trailing stop
- E4 - H4, 20-bar channel, both directions, SL 3.5 ATR, TP 2 ATR, trailing stop
Never a grid, martingale, averaging or recovery lot. No DLL, no internet connection required.
BACKTEST (Strategy Tester, XAUUSD, broker MT5 data, 1-minute OHLC, 10,000 USD, fixed 0.01 lot, July 2021 - September 2026)
- Net profit: +3,668 USD (+37%), profit factor 1.30, recovery factor 3.13
- Trades: 633, win rate 69.4%, longest losing streak 3 trades
- Max relative drawdown: 9.48%
With a fixed lot the result depends on your lot size and on the gold price. Run it in the Strategy Tester on your own broker's data.
Built for gold only. On EURUSD, GBPUSD, USDJPY and BTCUSD the same engines lost money in our tests, so we do not recommend it for those symbols.
ACCOUNT PROTECTION
- Daily loss limit: closes the EA's trades, cancels its orders and pauses for the day (default 4%)
- Optional drawdown stop from the equity peak
- Friday: orders are cancelled and no new ones are placed from 20:00 GMT, so nothing is filled in the weekend gap
- Spread, free margin, broker stop/freeze levels, order limits and trading session checks before every order
- Works on hedging and netting accounts
FREE OR FULL VERSION
The full version, Aurum Gold Portfolio, runs all five engines (four H4 + one H1), sizes every trade from your max allowed drawdown and has a prop-firm setting. In the same period it made 2,104 trades: +77.9% at 0.5% risk per trade on 100,000 USD with a 10.3% maximum drawdown.
RECOMMENDED SETTINGS
- Symbol: XAUUSD (any suffix). One chart; the timeframe does not matter.
- Fixed lot: 0.01 per 10,000 USD of balance is a reasonable start.
- A broker with low gold spreads; a VPS is recommended.
Full version: Aurum Gold Portfolio
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.
If you like it, a short review helps a lot. Questions are welcome in private messages.
