Multi Symbol Channel Breakouts
- Experts
- Versione: 1.5
- Attivazioni: 19
Multi Symbol Channel Breakouts
Multi Symbol Channel Breakouts (MSCB) is an automated Expert Advisor for MetaTrader 5 that trades XAUUSD and USDJPY from one installation.
The EA uses a separate channel breakout strategy for each instrument. Gold and USDJPY have independent trading logic, trading sessions and risk settings.
MSCB automatically calculates trading channels, identifies breakout levels, places the required orders and manages open trades according to its configured rules.
Strategy
The trading process is based on predefined price channels.
For each supported instrument, the EA calculates a trading range and determines the relevant breakout levels. When the required conditions are satisfied, MSCB places and manages the corresponding orders.
XAUUSD and USDJPY operate independently. A trading opportunity on one instrument is not required for the other instrument to trade.
Main functions include:
- XAUUSD and USDJPY trading from one EA
- Automatic channel calculation
- Automatic breakout order placement
- Stop-loss management
- Percentage-based position sizing
- Configurable trade limits
- Optional break-even and trailing-stop management
- Separate parameters for each instrument
Historical testing
The historical test shown in the product screenshots covers 2015–2026.
Test conditions shown in the published report:
Instruments: XAUUSD and USDJPY
Initial balance: $10,000
Final balance: $1,206,220
Testing timeframe: H1
These results are from a historical Strategy Tester simulation under specific testing, broker and position-sizing conditions.
Historical results do not guarantee future trading performance. Actual results may differ because of spreads, commissions, slippage, leverage, execution, broker specifications and market conditions.
Please review the Strategy Tester screenshots supplied with the product.
Live monitoring
An MQL5 Signal is available for monitoring trading activity:
https://www.mql5.com/en/signals/2392669
The monitored account contains multiple automated strategies. Its overall performance therefore represents the combined portfolio and should not be interpreted as standalone MSCB performance.
The Signal can be used to review account history, current trading activity and drawdown.
Past live performance does not guarantee future results.
Supported instruments
MSCB is designed for:
XAUUSD — Gold
and
USDJPY — US Dollar / Japanese Yen
Different brokers can use different symbol names. For example, Gold may appear as XAUUSD, XAUUSD.a, XAUUSDm or GOLD.
The symbol inputs should be set to the exact names used by your broker.
Installation and settings
Install MSCB through the MQL5 Market and attach it to the recommended H1 chart.
Before enabling automated trading, check:
- XAUUSD and USDJPY symbol names
- Position-sizing settings
- Trading sessions
- Maximum trade limits
- Other available trade-management parameters
Automated trading must be enabled in MetaTrader 5.
Testing the EA in the Strategy Tester and on a demo account before live deployment is recommended.
Risk information
Trading leveraged financial instruments involves risk.
Historical backtests are simulations and cannot reproduce every condition that may occur in live trading. Performance can vary between brokers because of execution, spread, commission, liquidity, leverage and contract specifications.
Users should select position sizing appropriate for their own account and risk tolerance.
Price
Current price: $99
Planned standard price: $300
