Veniqor Gold Breakout PRO MT4

VENIQOR Gold Breakout PRO MT4 is a structured XAUUSD breakout Expert Advisor developed specifically for MetaTrader 4.
The EA focuses on price breakouts around confirmed market levels and manages every trade with predefined risk, session and execution rules. It does not use martingale or grid recovery.
The strategy is designed primarily for XAUUSD on the M15 timeframe.


LIVE MONITORING

LIVE Signal (ICmarkets Ram spread MT5): https://www.mql5.com/en/signals/2386392
LIVE Signal (Roboforex-Prime MT4): https://www.mql5.com/en/signals/2386630

Live monitoring is currently available through the MQL5 Signals service.The current signal runs the MetaTrader 5 version of VENIQOR Gold Breakout PRO, which uses the same core trading concept. Small execution differences between MT4 and MT5, brokers and liquidity feeds are possible.

MAIN FEATURES

- Designed for XAUUSD M15
- Breakout-based entry logic
- No Martingale
- No Grid
- Fixed Lot or automatic risk-based position sizing
- Hard Stop Loss and Take Profit
- Automatic trailing profit management
- Volatility session filtering
- Optional momentum and ATR distance filters
- Maximum spread protection
- Optional account drawdown protection
- Automatic pending-order management
- Session-end position and pending-order cleanup
- High Impact USD News Protection
- Automatic DST / NY-Close time normalization
- On-chart status and protection panel

USER GUIDE AND OPTIMIZATION FILES

A detailed installation guide, explanation of all parameters and additional optimization / SET files are available in the VENIQOR MQL5 Blog:

User manual and opt set files: https://www.mql5.com/en/blogs/post/774045

TRADING LOGIC

VENIQOR Gold Breakout PRO monitors XAUUSD market structure on M15 and identifies confirmed breakout levels.

Pending orders are positioned around valid market structures using a configurable entry offset. Each trade is protected by a predefined Stop Loss and Take Profit.

When price moves sufficiently in the trade direction, the EA automatically activates trailing management to protect an open profit.

The system is designed around controlled individual trades rather than averaging losing positions.

There is no martingale and no grid.

RISK MANAGEMENT

Two position-sizing modes are available:

Fixed Lot
Uses a constant lot size selected by the trader.

Auto Risk
Automatically calculates the trade volume according to the selected percentage of account equity and the Stop Loss distance.

Additional safety functions include:

- Maximum spread filter
- Optional maximum account drawdown protection
- Automatic deletion of pending orders outside the trading session
- Optional closing of positions at session end
- Broker stop-level and execution protection

TIME AND SESSION MANAGEMENT

The default Time Mode is AUTO NY-CLOSE.

This mode normalizes trading time to the commonly used New York-close broker convention:

US Standard Time: UTC+2
US Daylight Saving Time: UTC+3

The EA automatically handles seasonal DST changes, helping to keep the intended strategy timing consistent across brokers with different server time zones.

Alternative Broker Server Time and UTC Normalized modes are also available.

HIGH IMPACT USD NEWS PROTECTION

VENIQOR Gold Breakout PRO MT4 includes an optional High Impact USD news protection system.

The EA can:

- Block new entries before important USD news
- Keep trading disabled for a selected period after the event
- Cancel pending orders before news
- Optionally close open positions before news
- Automatically reconnect to the news feed if the connection is temporarily unavailable

MT4 requires WebRequest permission for the live news feed.

To enable news protection:

1. Open MetaTrader 4.
2. Go to Tools > Options > Expert Advisors.
3. Enable "Allow WebRequest for listed URL".
4. Add:


5. Restart or reattach the EA if necessary.

The trading strategy itself can continue to operate if the external news feed is unavailable when News Fail Safe is disabled.

RECOMMENDED SETUP

Platform: MetaTrader 4
Symbol: XAUUSD / Gold
Timeframe: M15
Account type: Hedging
Recommended broker environment: low spread and reliable XAUUSD execution

The default parameters are prepared as a ready-to-use baseline. Different brokers may have different spreads, execution conditions, symbol specifications and historical data.

IMPORTANT

Backtest and historical results shown in the screenshots are provided only to demonstrate how the strategy behaved under the tested conditions.

Historical and backtest performance does not guarantee future trading results.

Execution, spread, slippage, broker specifications and market conditions can materially affect live results.
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