Range Breakout Gold Morning Box MT5
- Experts
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Dennis Hoinkis
MT5Bots – Expert Advisors for MetaTrader 5 with published tests
We build and test our own Expert Advisors for MetaTrader 5: breakouts, chart patterns and trend strategies on US stocks, gold, indices and commodities.
How every bot is tested: - Version: 1.0
- Activations: 10
Trades the early-morning range breakout on gold, with stop and target taken from the range itself.
How it works
- Builds its range once per day and places the breakout orders automatically.
- Stop and target come from the range, so every trade has a defined risk.
- Built-in protection around high-impact news.
- Risk per trade in % of balance; everything else is set and tested.
Tested settings
The EA ships with the settings from our November 2026 test: optimised on Nov 2023 – Oct 2025, then run on Nov 2025 – Oct 2026, MetaTrader 5 Strategy Tester, Darwinex data, 10,000 USD start, spread, commission and swap included. Two tested sets: Set B (low drawdown) and Set A (higher risk); they differ in risk and exit. Because the forward year helped to pick the setting, it is not a blind test. The screenshots show the results, the months and the trade statistics.
Inputs
- Tested set: B (low drawdown) or A (higher risk)
- Lot mode: risk % or fixed lot; risk 0 = value of the set
- Magic number, order comment, server time
Requirements
- MetaTrader 5, XAUUSD, M5 chart
- Hedging or netting account, VPS recommended
Risk
Trading involves risk. Backtest results are no guarantee. No investment advice. Losses up to the total deposit are possible. Test the EA in the Strategy Tester on your own broker's data before you use it on a live account.
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