JuanTraderFX Gold Trend Breakout
- Experts
- Version: 1.0
- Activations: 5
Gold Trend JuanTraderFX is a trend follower for gold: it enters on large breakouts and lets the trend run for days.
HOW IT WORKS
1. The breakout: it buys when a one-hour bar closes above the highest high of the previous 240 bars (about 10 trading days).
2. The stop: initial stop at 2.5 times the ATR(14). If the spread is too wide (broker rollover), the entry waits up to 45 minutes for it to drop.
3. Let it run: no fixed target. The trade stays open while the trend continues, often for several days.
4. The exit: closed when a bar closes below the lowest low of the last 20 bars. Optional partial take profit.
MT5 STRATEGY TESTER RESULTS (Gold XAUUSD, H1, 2018-2026, 1% risk, real broker costs and swap)
- Profit factor 1.55 - 194 trades (about 22 per year).
- Max drawdown 17.5% - win rate 35.1% (few large winners, many small losers) - 6 of 9 years positive.
- Like every trend follower, it earns a lot in trending years and gives back a little in sideways years.
Past results do not guarantee future results.
FEATURES
- On gold it only buys (the validated direction). On other symbols it uses generic values (55-bar channel, buys and sells); it is optimised and tested only on gold.
- Lot by % risk with margin, volume and minimum distance checks.
- One position at a time, no martingale, no grid.
- Holds positions for several days, so it pays or earns swap.
- On-chart panel with the state of the trade.
MAIN INPUTS
- RiesgoPorc: risk per trade in % of balance (0 = fixed lot). LoteFijo: fixed lot.
- RiesgoMaxLoteMin: if the minimum lot risks more than this %, no entry.
- MarcoCalculo, CanalEntrada (0 = validated value), CanalSalida, StopATR: strategy values.
- ParcialR, ParcialPorc: optional partial take profit (0 = off).
- SpreadMaxATR, MinutosEntrada: wide spread filter. Magico: magic number.
RECOMMENDATIONS
- Gold one-hour chart, hedging or netting account.
- Start on demo with low risk (0.5-1%). Be patient: it trades rarely and the profits come with the trends.
