Institutional Portfolio v14

INSTITUTIONAL PORTFOLIO V14: Gold Breakout & Liquidity EA (XAUUSD, MT5)

An automated gold system that trades range breakouts at the London and New York opens and liquidity sweeps, with a trend-following exit mode. It has a built-in news filter and layered drawdown protection. Every trade has a stop loss, and it uses no grid and no martingale.

WHAT IT DOES

London breakout: trades a breakout of the Asian range at the London open.

New York breakout: trades the first 30 minutes after the US open.

Liquidity sweep engine: takes a sweep of the previous day's or Asian high or low, then a break of structure and a pullback into the order block, in the direction of the H4 trend.

Trend-following exits (on by default): a wide ATR stop, a trailing stop and no fixed time exit, so winners can run. Breakout entries wait for a retest that holds.

Optional stacking: a second same-direction trade is allowed only after every open trade has its stop at break-even or better. It works on hedging accounts only and is off by default.

RISK AND SAFETY

Position size is 0.5% of equity per trade by default, calculated from the stop distance.

Protection layers: a 5% daily drawdown limit, an 8% weekly loss limit, a 15% total-drawdown kill switch that needs a manual reset, and a margin floor.

It also has a spread filter, order retries, connection checks, and a cap on lot size against the symbol's volume limit.

Alerts arrive by pop-up, push or email, and a CSV trade log records each trade with its R multiple and which engine took it.

NEWS FILTER

It blocks entries around scheduled high-impact USD events and closes open trades 5 minutes before them. Live trading reads the terminal's calendar, so no file is needed.

REQUIREMENTS

MT5 and an XAUUSD symbol (suffixes are fine, and a second symbol name can be added in the inputs). It trades gold only on live charts.

Chart: M15 recommended (M30 and H1 supported).

Equity: $5,000 or more recommended. I tested at $10,000. On small accounts, gold's minimum lot can risk more than your target, and the EA skips those trades.

A VPS is strongly recommended.

QUICK START

Attach the EA to an XAUUSD M15 chart and turn on Algo Trading.

Set InpServerUTCOffset to your server's winter UTC offset (for example 2, or 0 for a GMT+0 server).

Set InpServerDST to None, UK or US to match your server's daylight saving.

Check the Experts log for the line starting "Server time", and verify it against your terminal clock.

Leave the news filter on. Wait until the log says the calendar is loaded.

RECOMMENDED SETTINGS

Risk per trade: 0.5% (not above 1%)

Daily, weekly and total limits: keep the defaults of 5%, 8% and 15%

Engines: both breakouts and SMC on, trend-following mode on

News: AUTO, high impact only

Max spread: 5 pips ($0.50); adjust for your broker

Stacking: off, unless you use a hedging account and have tested it

BACKTESTING

Tester settings: XAUUSD M15, every tick based on real ticks, $10,000 deposit.

News data: the tester can't read the calendar. Attach the EA once to a live or demo chart with InpExportNewsOnStart = true, then set it back to false. The tester then loads the exported file.

Server time: use the same server-time inputs as live trading.

WHAT TO EXPECT:

The EA takes about one or two trades a week on gold.

Profit has come mostly from a few large winners, so there can be long stretches of small losses.

Results vary by market regime. The edge has not been the same in every year.

TROUBLESHOOTING

No trades: each engine takes at most one trade a day, and the SKIP STATS lines in the log show why signals were skipped.

Few trades near events: the news filter pauses trading around scheduled releases.

Odd entry times: this almost always means the server offset or daylight saving is set wrong.

DISCLAIMER

Trading leveraged products such as gold carries a high risk of loss, and you can lose more than you deposit with some brokers. This software is a tool, not investment advice, and it does not guarantee profits. Backtests are hypothetical, and past performance does not guarantee future results. Test on a demo account first, and trade only with money you can afford to lose. You are responsible for your own trading decisions, broker conditions and local regulations.