Vix Golden Breakout
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Lefika Raphel Sebatane
I am a young educated MQL5 developer who enjoys coding profitable strategies. I love challenges and I believe every challenge I come across is a learning curve. My coding skills speak for themselves and all my work is done professionally and outstandingly. Visit my website, www.vixalgotrading.com to - バージョン: 1.0
VIX GOLDEN BREAKOUT EA
Built with Vix Algo Builder, the free automated Expert Advisor builder created by a team of developers from Vix Algo Trading, this EA has proved to be the ultimate range breakout EA for XAUUSD.
This EA is free because it was builtfor FREE but it is a high grade perfomance EA.
This Range breaout Expert advisor uses a Stop Order based range breakout coupled with a High Timeframe Filter (H4 EMA 50). The EA places stop orders in the direction of the trend so it performs very well in trending markets compared to sideways trends. The EA trades the breakout of the Range from 7am - 9am UTC every day and uses a time based exit to close the trades at 11pm UTC. It has shown promisiong results in the 1 year backtest for XAUUSD using Every Tick Based on Real Ticks model in the MT5 Tester. Future optimisations can be focused on the using the Stop Loss and Take profit exits inorder to reduce risk. Testing in other symbols like USDJPY is also highly recommended.
Watch this https://youtu.be/y_cglpnviWY?si=gZ30_Fvzq3PVBMRj for the full breakdown of the EA.
