Glassbox Gold Breakout
- Experts
- Version: 1.11
- Activations: 5
Glassbox Gold Breakout — trade gold breakouts with nothing hidden.
Most EAs show you one perfect backtest and ask you to trust them. Glassbox shows you everything: how it trades, how it was tested, where it makes money and where it does not. A glass box, not a black box.
✓ WHY TRADERS CHOOSE GLASSBOX
- Every trade is protected from the first second: fixed stop loss and take profit.
- No grid, no martingale, no averaging down. One position, one clear risk.
- A simple, proven idea: it trades breakouts of gold's 10-day high and low, ready on both sides.
- Smart filters skip fake breakouts, dead markets and wide spreads.
- Fixed % risk per trade plus a daily loss limit, useful for prop-firm style rules.
- Built-in results report: at the end of every backtest the Journal shows results by year, by direction and by strategy, so you can verify everything yourself.
◆ TESTED THE HONEST WAY (XAUUSD, 1% risk, MetaQuotes data)
- 2015–2021 (development period): 115 trades, profit factor 1.47, +33%, max drawdown 12.0%.
- 2022–2023 (unseen data, run once, no changes afterwards): 33 trades, profit factor 1.26, +5.1%, max drawdown 8.9%.
⚠ WHAT TO EXPECT — READ BEFORE YOU BUY
- A patient system: about 16 trades per year.
- Profits came mainly from long trades; short trades lost money in testing.
- In sideways gold years it can be flat or slightly negative (2022: −4%).
- Risk-adjusted, results were similar to simply holding gold. Its strength is controlled risk and small drawdowns, not spectacular returns.
- Backtests are not live results; your broker's spreads and execution matter.
⚙ SETUP IN ONE MINUTE
- Attach to XAUUSD (or your broker's gold symbol) on an H1 chart. The default settings are the tested settings.
- Recommended balance: about 3,000 USD at 1% risk.
- Use a VPS so that no order is missed.
- Adjust the pause window and Friday stop hour if your broker's server time differs.
Main settings: risk per trade, daily loss limit, stop loss and take profit multiples, optional trailing stop, volatility, level and spread filters, session hours, and two extra sub-strategies (4-hour and 1-hour levels) that you can switch on to experiment.
Risk warning: trading gold on margin carries a high risk of loss. Past and backtested results do not guarantee future results. This EA is a software tool, not investment advice.
