Ledgebreaker

Launch price: 59 USD for the first 10 copies. After that the price is 199 USD.

After your purchase, send me a private message here on MQL5. I will send you the user guide and the ready-made set files.

What Ledgebreaker is

Ledgebreaker is a fully automatic breakout Expert Advisor for MetaTrader 5. It follows Gold and Bitcoin, prepares its orders in advance at the price levels that matter, and manages each trade from entry to exit by itself. You attach it to one chart and it runs both markets from there. Its settings and risk profiles were tuned with AI on real tick data.

It is built around fixed risk. Every order has a stop loss and a take profit from the moment it is placed. It does not use a grid, martingale, averaging or any other method that adds to a losing position.

Main features

  • Trades Gold and Bitcoin from a single chart, each with its own switch and limits
  • Settings and risk profiles tuned with AI on real tick data
  • Stop loss and take profit on every order, set when the order is placed
  • No grid, no martingale, no averaging, no hedging tricks
  • Position size by percent of balance per order, or by fixed lot
  • Automatic trade management that protects open profit as the move develops
  • Resting orders are removed before the weekend and prepared again in the new week
  • Finds your broker's symbols automatically, including symbols with a suffix
  • Works with any chart timeframe. The EA reads the data it needs by itself

Risk control

  • Risk per order as a percentage of the balance, with a largest-lot cap
  • Limit on the number of open positions per market
  • Daily loss limit and drawdown limit, with an option to close open trades when a limit is reached
  • Maximum spread and maximum slippage for each market
  • Trading hours, weekday switches and an optional pause around high-impact news

Execution quality

Breakout trading depends on the quality of the fill, so the EA checks every one.

  • Each fill is compared with the price the order asked for
  • After a slipped fill the stop loss is moved so the planned risk stays the same
  • New orders pause after a bad fill, and while spread or recent slippage is too high
  • A badly filled trade that does not recover is closed early

Control panel

  • Balance, equity, floating result, and results for the day, week, month and all time
  • Win rate, profit factor and a curve of the latest closed trades
  • State of every market: open or closed, spread, resting orders, open positions, net result
  • Buttons to pause or resume new orders, clear resting orders, and minimise the panel
  • Three colour themes, your own accent colour, adjustable size and position
  • Pop-up and mobile push alerts

Three ready-made risk profiles

The set files are sent to you after purchase.

  • Safe: Gold only, 1% risk per order, with a daily loss limit and a drawdown stop
  • Medium: Gold and Bitcoin, 2% risk per order
  • Aggressive: Gold and Bitcoin, 2% risk per order with more orders in play. For experienced users only

You can also set every input yourself. The inputs are grouped into labelled sections and the user guide explains each one.

Requirements

  • MetaTrader 5, hedging account
  • A broker with low spreads and fast execution on Gold and Bitcoin. Raw or ECN pricing is recommended
  • Symbols: XAUUSD and BTCUSD under any name or suffix
  • Recommended balance: 500 USD or more. 1,000 USD or more for the Aggressive profile. On smaller accounts the broker's minimum lot makes each trade larger than the chosen risk
  • Leverage 1:100 or higher
  • A VPS close to your broker's server is recommended, because the EA works with resting orders and fast trade management

Getting started

  1. Attach Ledgebreaker to one chart, for example XAUUSD H1, and allow Algo Trading. One chart is enough for all markets
  2. Open the Inputs tab and load the set file for the profile you chose
  3. Set "Broker time zone" to your server's offset from GMT
  4. Check on the panel that your markets are listed and active
  5. Run it on a demo account first, and compare the fills with your broker's conditions before going live

Backtesting

Use the model "Every tick based on real ticks". The EA manages trades tick by tick, so other models do not give meaningful results. The Strategy Tester fills orders without delay, which real brokers do not, so always confirm on a demo account as well. When you test on a Gold chart the tester also loads Bitcoin history if that market is switched on.

Questions and answers

Does it use martingale or a grid? No. Every position has its own stop loss and the lot is never increased after a loss.

Which timeframe do I attach it to? Any. The chart timeframe has no effect on trading.

Do I need one chart per market? No. One chart runs all enabled markets. To run a second copy with different settings, give it a different magic number.

Can I use it on a small account? It works with the smallest lot, but each loss is then a large share of the balance. 500 USD or more is recommended.

Does it trade around news? It can pause new orders around high-impact news using the MetaTrader economic calendar. This works in live trading, not in the Strategy Tester.

What about the weekend? Resting orders are removed before the Friday close. Weekend trading can be switched off in the inputs.

How do I get the guide and the set files? Send me a private message on MQL5 after your purchase.

Support

Message me on MQL5 with your broker's name, the symbol names you trade and a screenshot of the Experts tab. I answer every buyer.

Trading leveraged products carries a high risk of loss. Results in the Strategy Tester and past results do not guarantee future results. Use only money you can afford to lose.

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