Gold London Range Breakout

Gold London Range Breakout trades one clean idea on XAUUSD: the breakout of the quiet Asian range when London opens.

Every day it measures the high and low of the range, places a Buy Stop above and a Sell Stop below, and cancels the other order as soon as one fills (OCO). One trade per day at most. No martingale, no grid, no averaging, no hedging. Every trade has a stop loss and a take profit from the moment it is placed.

How it trades

  • Range between two server hours (default 03:00 to 08:00)
  • Range filter in % of price, so it keeps working as gold moves from 1,800 to 4,000 and beyond. Days with a range that is too small or too wide are skipped.
  • Stop loss at the other side of the range, capped at a maximum % of price
  • Take profit as a reward:risk multiple (default 2.5R)
  • Break-even after 1.5R
  • Unfilled orders deleted at the cutoff hour, open trades closed at the end of the day. Nothing is left over the night.
  • Lot size from risk % of equity (default 1%), or a fixed lot
  • Spread filter, optional Monday and Friday off, magic number

Backtest (Strategy Tester, every tick based on real ticks, 98% history quality, XAUUSD H1, 2023.01.01 to 2026.09.30, 5,000 USD, 1% risk)

  • Net profit: +6,860 USD (+137%)
  • Profit factor: 1.38
  • Maximum equity drawdown: 17.3%
  • Trades: 715, win rate 49%
  • Out-of-sample: the default settings were chosen on 2023 to 2025 data only. On 2026 data, which was not used for optimization, the profit factor was 1.61 over 157 trades.

Please run the free demo in the Strategy Tester on your own broker's data before buying.

Recommendations

  • Symbol: XAUUSD (any suffix). Timeframe: any, the EA reads M5 data itself. H1 is recommended.
  • Account: from 2,000 USD at 1% risk. On smaller accounts the minimum lot of 0.01 is more than 1% risk, so the EA uses 0.01 (option "use minimum lot") and the drawdown will be higher.
  • Session hours are in broker server time. The defaults fit brokers on GMT+2/GMT+3. If your broker uses a different time zone, shift the hours.
  • A VPS is recommended so the orders are placed every day.

Trading gold carries high risk. Past results do not guarantee future profit.

Altri dall’autore
Session High Low Boxes
Shanawaz Mohammed Nabi Rasool Pinjori
Indicatori
Session High Low draws the Asian, London and New York sessions on your chart as colored boxes, with the high and low of each session. Optional extension lines continue the session high and low after the session ends, which is useful for breakout and retest trading. Features Asian, London and New York boxes, each can be turned on or off Session high and low prices shown as labels Extension lines after the session end (hours adjustable, 0 = off) Ranges are built from M5 data, so the boxes are the
FREE
Risk Calculator Panel with Draggable Lines
Shanawaz Mohammed Nabi Rasool Pinjori
Utilità
Risk Calculator Panel shows the correct lot size for your risk before you open a trade. Drag the Stop Loss line on the chart, and the panel updates immediately. What the panel shows Lot size for your risk, rounded down to the broker's lot step Money at risk and potential profit in account currency Stop loss and take profit distance in points Reward:risk ratio Required margin and free margin after the trade How to use Attach the indicator to any chart. Drag the red SL line (and the green TP line)
FREE
TrendPulse Trend Following
Shanawaz Mohammed Nabi Rasool Pinjori
Experts
TrendPulse is a trend-following Expert Advisor for MetaTrader 5. It trades only in the direction of the main trend and keeps risk under strict control on every trade. Strategy Entry on a crossover of a fast and a slow EMA (default 30 / 80). Trades only when price is on the correct side of the EMA 200 trend filter. RSI momentum confirmation filters out weak signals. Signals are evaluated once per closed bar, so there is no repainting and no intrabar noise. Risk management Lot size calculated from
Prop Firm Guard Pro
Shanawaz Mohammed Nabi Rasool Pinjori
Utilità
Prop Firm Guard Pro protects a prop firm challenge or funded account from breaking its risk rules. It watches the whole account every second and, when a rule is broken, closes the positions, deletes pending orders and blocks new trades for as long as the rule requires. It works with manual trading and with any other Expert Advisor on the same account. It never opens trades on a live chart. Rules it enforces Daily loss limit - measured from the balance, the equity or the higher of the two at the
Filtro:
Nessuna recensione
Rispondi alla recensione