MarketMind Breakout Pro XAUUSD H1 — Donchian Breakout EA

XAUUSD H1 — Donchian Breakout EA

Project type: Personal EA development and backtesting
Platform: MetaTrader 5
Instrument: XAUUSD
Timeframe: H1
Strategy: Donchian Channel breakout with EMA 200

Project overview

This project evaluates a Donchian breakout trading strategy for XAUUSD on the H1 timeframe. The system uses channel-based breakout conditions and an EMA 200 trend filter.

Historical backtest summary

• Total trades: 811

• Profit factor: 1.23

• Win rate: 28.0%

• Reported return: 131.7%

• Reported maximum drawdown: 41.0%

• BUY trades: 445, reported result +16,043

• SELL trades: 366, reported result -2,869

The equity curve shows a positive historical result over the tested period. However, the reported drawdown is substantial and the strategy requires further robustness testing.

Development and testing priorities

• Validate performance using realistic spread, commission, and slippage assumptions.

• Test on out-of-sample data and additional market conditions.

• Review BUY and SELL performance separately.

• Evaluate risk-management settings and drawdown reduction.

• Conduct demo forward testing before considering live deployment.

Important note

These figures are historical backtest results, not live trading results. Backtesting does not guarantee future performance. Trading gold involves significant risk.

This is a personal development project and does not represent a completed client engagement.