Gold Breakout PRO-P - Precision Breakout Trading for Gold and Forex
Master the Markets with Unmatched Precision and Safety
Gold Breakout PRO-P is a cutting-edge Expert Advisor (EA) engineered to dominate the XAUUSD (Gold). FOREX AND INDICES- market while excelling on Forex pairs like EURUSD. Designed for prop firm traders, retail investors, and algorithmic enthusiasts, this EA leverages a sophisticated breakout strategy enhanced by rejection confirmation, liquidity sweep detection, and dynamic risk management. Gold Breakout PRO-P combines institutional-grade performance with user-friendly customization, making it the ultimate tool for capitalizing on gold’s momentum-driven price action.
SET FILE: MQL5 CHAT LINK
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Gold Breakout Enhanced operates by:
1. Building the Breakout Box: Analyzes price action within a user-defined time window to set high and low breakout levels.
2. Placing Pending Orders: At the box’s end (e.g., 06:05 GMT), places buy stop and sell stop orders with ATR or fixed-point offsets, validated against broker constraints.
3. Managing Trades: Employs trailing stops, breakeven, and OCO (One-Cancels-Other) logic to optimize trade outcomes and manage risk.
4. Exiting Strategically: Closes positions at a user-defined exit time (e.g., 18:55 GMT) or upon reaching a target profit ($500 default) or maximum loss limit.
· Advanced Breakout Strategy: Identifies high-probability breakout zones using a customizable time window (default 03:05–06:05 GMT) on the M15 timeframe, with adaptive ATR-based entry offsets to optimize setups for varying market conditions. Rejection confirmation and liquidity sweep detection minimize false breakouts.
· Robust Risk Management: Protect your capital with configurable settings, including a 5% daily loss limit, consecutive loss protection (up to 6 losses), and a $500 minimum balance check to prevent trading in underfunded accounts. Dynamic lot sizing adjusts to your risk appetite and available margin.
· Aggressive Trailing Stops and Breakeven: Secure profits with automated trailing stops (starts at 200 pips, steps at 50 pips) and breakeven functionality (triggers at 150 pips with a 10-pip offset), designed to lock in gains while minimizing risk exposure.
· Enhanced Trading Panel: Monitor performance with a sleek, real-time on-chart panel displaying EA status, breakout box range, ATR offset, daily P&L, open positions, total trades, profitable/loss trades, and win rate percentage. The expanded 380-pixel layout ensures clarity and ease of use.
· MQL5 Market Validation Compliance: Rigorously tested to pass all MQL5 validation checks, including price, volume, margin, stop levels, and freeze levels, ensuring reliability across brokers and account types, including netting accounts.
· Trading Flexibility: Features active Buy/Sell buttons on the panel for trade execution with predefined stop-loss and take-profit settings, blending automated precision with trader control.
· Versatility Across Timeframes and Symbols: Optimized for XAUUSD on M15, with proven performance on H4 for trend alignment and adaptability to Forex pairs like EURUSD.
· No Risky Strategies: Avoids martingale or grid trading, using disciplined stop-loss and take-profit for every trade to ensure sustainable results.
· Transparent Performance Tracking: Real-time metrics, including daily, weekly, and monthly profit/loss, trade counts, and win rate, empower data-driven decisions.
· Prop Firm Ready: Customizable risk settings and strict loss limits align with prop firm rules, making it ideal for passing funding challenges.
· User-Friendly Customization: Intuitive inputs for GMT offset, risk percentage, ATR multiplier, trading hours, and day filters allow tailoring to your strategy and broker requirements.
Gold Breakout PRO-P leverages a high-probability breakout strategy enhanced by advanced confirmation techniques:
1. Daily Level Detection: Identifies the previous day's high and low prices on the D1 timeframe, with optional visual lines on the chart for transparency.
2. Breakout with Confirmation: Places buy stop and sell stop orders at daily high/low levels with a configurable buffer (default: 1 pip) or ATR-based offset. Waits for M15 candle closes above/below these levels, confirmed by price rejection and liquidity sweeps, to ensure high-probability entries.
3. Trade Management: Employs trailing stops, breakeven, and OCO (One-Cancels-Other) logic to optimize outcomes. Closes positions at a user-defined exit time (default 18:55 GMT) or upon reaching a target profit ($500 default) or maximum loss limit.
4. Manual Trade Execution: Active Buy/Sell buttons allow instant manual trades with EA-defined risk parameters, ideal for traders who want hands-on control.
5. Volatility-Based Sizing: Adjusts lot sizes dynamically using ATR-based volatility calculations or risk percentage (default: 2%), ensuring optimal risk management.
6. Time and Day Filters: Trades during high-liquidity sessions (e.g., NY session, 8 AM–4 PM) and configurable days (Monday–Friday enabled by default) to avoid low-volume periods.
This strategy thrives on XAUUSD’s volatility, with additional versatility on H4 for trend-following setups.
Unlike traditional breakout EAs, Gold Breakout stands out with:
· Advanced Confirmation Filters: Combines price rejection and liquidity sweep detection to reduce false breakouts, ensuring high-probability trades.
· Dynamic Volatility Adjustment: ATR-based offsets adapt entry points to market conditions, unlike static buffer EAs.
· Comprehensive Safety Checks: Validates trades against broker-specific stop levels, freeze levels, and margin requirements, preventing common validation errors.
· Interactive Trading Panel: Offers real-time metrics and active Buy/Sell buttons, blending automation with manual control for unmatched flexibility.
· Prop Firm Compatibility: Strict risk controls and low-balance handling make it ideal for prop firm challenges and retail accounts.
· Traders targeting XAUUSD’s volatility or Forex pairs like EURUSD.
· Prop firm participants needing reliable, rule-compliant automation.
· Retail traders seeking a balance of automated precision and manual control.
· Those valuing real-time performance insights and robust risk management.
· Broker: ECN or zero-spread brokers recommended.
· Leverage: 1:100 or higher (1:20 minimum).
· Deposit: $500 minimum for XAUUSD (0.01 lot); $300 for Forex pairs.
· Symbol: XAUUSD (M15, H4 supported) or EURUSD.
· VPS: Recommended for 24/5 operation.
· Backtesting: Test on XAUUSD M15/H4. Adjust RiskPercent, TrailingStartPips, or day filters for your risk profile.
Trading involves inherent risks. While Gold Breakout PRO-P is designed for consistent performance, no system guarantees profits. Always trade within your risk tolerance, and past performance does not guarantee future results. Test on a demo account to optimize settings for your broker.
Gold Breakout PRO-P redefines breakout trading with a blend of precision, safety, and flexibility. EA delivers institutional-grade performance with a user-friendly interface. Don’t miss out—secure your copy at $249 before the price rises to $990!
Redefine your trading with Gold Breakout PRO-P —where precision meets profitability.
If for any reason you do not like the purchased program, you can request a refund within 30 days from the date of purchase. You can also make an exchange for any other product at an equal cost or by paying the difference.
Simply send a request for refund or exchange with your order number by email: support@fx-market.pro.
Refund requests received more than 30 days after purchase will be rejected.