FxGold marathon breakout

  • FxGold Marathon BreakOut is a simple but effective trading system based on breaking out price parttern.
  • EA is a long term stable growth  trading system with realistic result.
  • EA designed for XAUUSD (GOLD) which is a volatile and highly liquid commodity

Features:

  • Account protection by acceptable consecutive loss.
  • Auto MM
  • Don't need fast VPS just laptop or pc and stable internet connection, you can shut down at the weekend then start it up before market opening like i'm doing.
  • All opened position has stop loss ,target profit ,trailing stop which calculated by market volatility indicator (ATR).

Requirements:

  • ECN low spread and slippage broker.(The broker that I am using has an average spread of 1.08 pips)
  • 24/5 Laptops or computers that can run continuously or VPS.
  • minimum deposit: $300-$500.
  • Leverage: 50-500.

Setup:

  • attached EA to 1H XAUUSD(GOLD)chart only. It is not recommended to use a lower time frame.
  • First order EA will open 0.01 lot.

Setting:


  • MagicNumber;
  • Slippage;
  • RiskPerTrade - adjust %risk per trade as you like.1-2.5 % is  recommended 
  • UseLossRecovery
  • RecoverySize - this variable will work if greater than 1.If not prefer set to 1. It is recommended to use 1.05 to 1.2
  • MaximumSpread - avoiding disadvantage trading during times when the spread is too high.
  • StopEaAfterConsecutiveLoss - EA will stop working when the value of the variable equals the specified number.

    This section you can setting up as you like. But remember that TP should be greater than at least 3 times SL.
  • BreakOutLongTakeProfitATR
  • BreakOutLongStopLossATR
  • BreakOutLongTrailingStopATR
  • BreakOutShortTakeProfitATR
  • BreakOutShortStopLossATR;
  • BreakOutShortTrailingStopATR

    This section should be setting up to suit the broker environment.
  • SettingOperationHour
  • StartHour=1;
  • LastHour=23;
  • SettingOperationDay
  • Sunday=false;
  • Monday=true;
  • Tuesday=true;
  • Wednesday=true;
  • Thursday=true;
  • Friday=true;
  • Saturday=false;

However, all Default settings can still work on ECN low spread and slippage broker.

Important note:

  • Each broker has a different environment. Therefore, do not forget to backtesting and adjusting the values to the broker first.
  • Keep in mind FxGold Marathon BreakOut is not a winning system all the times. Therefore, during the operation of EA, there will be frequent continuous losses. But with the advantage of risk-reward, the portfolio will gradually become profitable. That's the core of the system. So please be patient and please don't over trade by increasing your risk per trade too much.
  • If there is a history of previous non-trade transactions, EA will open 0.01 lots.
    Live Signal:https://www.mql5.com/en/signals/1399737

    Please note that my live signal is using multi system but this ea is one of my main system.Therefore, the signal obtained will not be the same 100 %.

    If you have any questions feel free to send me a message @mojoblackone@gmail.com


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    This robot uses a custom hidden oscillating indicator and also analyzes the market response. It traded mostly at the time of higher volatility. It works with several pending orders with different size of volume and their position actively modifies. It uses advanced money management. TradingMode setting can also meet the conditions FIFO. It is successful in different markets and different timeframes. Best results are achieves with a broker with the spread to 5 points on EURUSD. Is necessary a br
    Avato
    Nikolaos Bekos
    The Avato is one of our standalone tools. (A Signal based on it will also be provided on Mt4 Market in the future). It is designed around a combined form of hedging and martingale techniques and uses sophisticated algorithms and filters to place the trades. It uses Stop loss and Take profit levels while Lot size is calculated automatically following the according multiplier settings. We consider it a toolbox for every seasoned trader. Made with Gold market in mind, it can be tested in other inst
    AreaFiftyOne
    Valeri Balachnin
    Area 51 EA generates signals on different strategies. Has different money management strategies and dynamic lot size function. When a position is opened, it is equipped with a take profit and a stop loss. If the position becomes profitable, a dynamic stop loss based on the specified values (TrailingStep and DistanceStep) will be set for it and constantly trailed. This allows you to always close positions in profit.  If you want, that your manual opened positions will be handled by the EA, so you
    Note : the spread value,  the broker's slippage and the VPS speed affect the Expert Advisor trading results. Recommendations: gold with spread up to 3, USDJPY with spread up to 1.7, EURUSD with spread up to 1.5. Results will be better with better conditions. The Ping value between VPS and the broker server should be below 10 ms. In addition, the smaller the broker's stop-level requirement, the better; 0 is the best. The Expert Advisor is based on a breakthrough system and carefully controls all
    Milch Cow Extra
    Mohamed Nasseem
    EA is primarily a Hedging and Multiples Strategy. It support to seize every opportunity in any direction as MILCH COW MIX but with multiple profit results without increasing the risk. Milch Cow Mix EA starts to open Hedge at first level only But EA opens Hedge at every level Not just opens the deals, but chooses the right time to close the open positions to begin trading again. We recommend the use of an expert with a pair of high volatility for the currency, such as GBPAUD, AUDCAD Experts inter
    Milch Cow Turbo
    Mohamed Nasseem
    MILCH COW Turbo EA is primarily a multi-currency strategy. It supports 9 or 10 pairs as collection of currencies (GBPJPY, GBPUSD, EURCHF,EURGBP, EURJPY, EURUSD, USDCAD, USDCHF, USDJPY). If you choose Trade_Calc = false, only one pair is turned on. The EA depends on a special indicator to set Buy stop, Buy limit, Sell stop and Sell limit orders Note: If enabled Pendingorders = false, the EA will use the prices shown on the chart in live orders (buy and sell). In this case, the EA uses stop loss a
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    FxGold trend catcher
    Mr Anuchat Udomsin
    FxGold trend catcher is a simple but effective trading system based on trend following strategy. EA is a long term stable growth  trading system with   realistic result . EA designed for XAUUSD (GOLD) which  is a volatile and highly liquid commodity Features: Account protection by acceptable consecutive loss. Auto MM Don't need fast VPS just laptop or pc and stable internet connection, you can shut down at the weekend then start it up before market opening like i'm doing. All opened position ha
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