GoldBreakout EA
- Experts
-
Abdul Basit
I am passionate about developing professional trading solutions for MetaTrader 5, combining modern trading concepts with robust software engineering.
My development experience includes:
• Expert Advisors (Fully Automated Trading Systems)
• Custom Indicators
• Trading Panels & Dashboards - Version: 1.64
- Activations: 10
Gold Breakout EA
Trade Gold breakouts with a system built to protect your account first.
Gold Breakout EA is a disciplined, rules-based Expert Advisor for XAUUSD. It trades breakouts of multi-timeframe support and resistance levels using pending stop orders. Every trade has an ATR-based stop loss and take profit, so the EA adapts to the current volatility of Gold. There is no grid, no martingale and no averaging down.
Launch Offer
- Price now: $499
- After the first 10 copies are sold: $599
- BONUS: 4 ready-to-load setting files, included with your purchase (details below)
Buy now at the launch price.
Bonus: 4 Ready-to-Load Setting Files
After you buy, send me a message here on MQL5 and I will share the multi-profile input setting files with you. Choose the profile that fits your own trading style and risk appetite:
- GoldBreakout Default: balanced, general-purpose settings
- GoldBreakout Conservative: lower risk, fewer trades, tighter drawdown limits
- GoldBreakout PropFirm: strict daily and equity drawdown limits with news protection (always check your firm's rules)
- GoldBreakout Aggressive: higher risk and more trades, for experienced traders who accept larger drawdowns
Load a file in one click (Inputs > Load) and you are ready to go, or use it as a starting point and adjust every input yourself.
Why Traders Choose Gold Breakout EA
- Risk control comes first: daily drawdown stop, equity drawdown cap, kill switch and open-risk limit.
- Built for Gold: ATR-based stops that adapt to volatility, plus spread, rollover, Friday and NFP protection.
- No grid, no martingale, no averaging down. Every trade has its own SL and TP.
- Easy to start: pick a preset from one dropdown, or load one of the bonus setting files.
- Clear on-chart dashboard, so you always see what the EA is doing and why.
How It Works
- Scans support and resistance levels on M15, M30, H1 and H4 with up to 5 independent strategy modules, each with its own lookback, ATR buffer, SL and TP.
- Places Buy Stop / Sell Stop orders at the breakout level. When one side fills, the opposite order is cancelled automatically.
- Optional close-confirm entry mode: a market order only after a candle closes beyond the level, to reduce fake breakouts.
- ATR-based SL/TP, break-even, trailing stop and optional trailing take profit.
- A small randomization of entries, SL, TP and trailing makes the behavior less predictable.
Risk Management
- 4 lot-size methods: fixed lot, max-allowed-drawdown, risk % per trade to SL, and historical-drawdown method (calibrated from your own backtest).
- Daily drawdown stop: closes all trades and pauses until the next day.
- Equity drawdown cap: lots shrink as drawdown from the equity peak grows, then trading pauses for a set number of hours.
- Kill switch: at a drawdown level you choose, the EA closes everything and stops until you reset it.
- Open-risk limit: caps the total money at risk to SL across all open trades.
- Loss-streak protection: lot size is halved and then quartered after consecutive losing trades.
- Loss cooldown, same-direction trade cap and free-margin check before every order.
- Spread filter, Friday stop and weekly market-open gap protection.
Market-Safety Filters
- NFP filter (closes or avoids trades around Non-Farm Payrolls), with automatic broker GMT/DST handling.
- High-impact USD news filter using the MT5 economic calendar (live trading only).
- Rollover protection: no new orders and pending orders removed before the broker rollover window.
- Trade-session check: no order, modification or deletion when the market is closed or about to close.
- Respects broker stops level and freeze level, with automatic retries on requotes and busy servers.
Optional Entry Filters (Off by Default)
Higher-timeframe EMA trend filter, ADX trend-strength filter, low-volatility filter and a session-hours filter.
Built-In Presets
Choose a preset from one dropdown: Conservative, Prop-firm style limits, Aggressive, plus A/B test presets and a Calibration preset for measuring drawdown per lot. Or use Custom and set every input yourself.
On-Chart Dashboard
Shows balance, equity, today's P/L, daily and equity drawdown, open risk, lot multiplier, spread, each strategy's status and the next NFP time. You can resize it for 4K screens.
Notifications
Popup alerts, MT5 mobile push, and optional Telegram messages when trades open or close and when risk guards trigger.
Requirements and Recommendations
- Symbol: XAUUSD / Gold (the EA warns if attached to another symbol).
- Account type: a hedging account is recommended. On netting accounts the EA runs safely with one strategy only.
- Chart: attach to one XAUUSD chart (H1 recommended). The strategies read their own timeframes internally.
- Use a broker with low gold spreads and a VPS for 24/5 operation.
- Enable Algo Trading in the terminal and in the EA properties.
- For Telegram alerts, add https://api.telegram.org to the allowed URLs in Tools > Options > Expert Advisors.
Backtesting
Test in the Strategy Tester with "Every tick based on real ticks" for the most reliable results. Backtests are reproducible, because the EA uses a fixed random seed in the tester. Use the Calibration preset first if you want to size lots with the historical-drawdown method.
Support
Questions and settings help are welcome through the product's comments section and private messages here on MQL5.
Risk Warning
Trading leveraged products such as Gold carries a high risk of loss. Past performance and backtest results do not guarantee future results. No Expert Advisor can remove market risk. Test on a demo account first, and only trade with money you can afford to lose.
