Gold Fractal Breakout
- Experts
- Pieter Gerhardus Van Zyl
- 버전: 1.0
- 활성화: 5
Gold Fractal Breakout - (Please test thoroughly in strategy tester before purchase - Also play around with settings)
This Expert Advisor is a structured breakout system designed specifically for gold (XAUUSD) on the 15-minute timeframe. It builds a price channel using recent highs and lows during a defined early-session window, then trades breakouts once the main trading session begins. The strategy combines volatility-based entries with multiple higher timeframe filters to improve trade quality.
The EA calculates a fractal channel between specified hours (default 04:00–08:00). The highest high becomes resistance and the lowest low becomes support. After this range is locked, the EA waits for price to break above or below the channel during trading hours. Only one trade per day is allowed to maintain discipline.
Risk is controlled using a percentage-based lot size, with stop loss placed on the opposite side of the channel and take profit set as a multiple of that range. A breakeven function protects profits once price moves favorably.
Additional filters include:
- MTF RSI for directional bias
- MTF Moving Average for trend confirmation
- Daily Open filter for market sentiment
