Gold Breakout 15M EA v2.30 MT5 is a rules-based Expert Advisor that trades the breakout of the overnight range on XAUUSD (gold). It builds the range from M15 candles, places breakout stop orders at the range edges, and closes everything at the end of the session. It was converted from a TradingView Pine v6 strategy.
How it works
- Range: from the range start hour to the range end hour (default 00:00 to 07:00), it records the highest high and lowest low of the M15 candles.
- Entries: after the range closes, it places a Buy Stop at the range high and a Sell Stop at the range low.
- OCO: when one order fills, the other is cancelled immediately.
- One trade per day: after a trade has opened, no new trades are taken until the next day.
- Stop-loss: either a percentage of the entry price (default 1%) or the opposite side of the range.
- Time exit: open positions and pending orders are closed at the force-close hour (default 20:00).
- No take-profit: the trade runs until the stop-loss or the time exit, as in the original strategy.
Features
- Equity-risk position sizing (default 1% risk per trade) or fixed lots
- Leverage cap to limit notional exposure
- Optional daily equity drawdown guard that closes positions and halts trading for the day
- Broker-server clock or New York + 7 hours clock (includes US daylight saving)
- On-chart range lines, entry and stop levels, trade labels and a status dashboard
- Optional alerts and push notifications
- Capped logging and throttled retries, so it is safe to run in the Strategy Tester
Recommended setup
- Symbol: XAUUSD
- Chart timeframe: M15. The range is always built from M15 data.
- Account: netting or hedging
- Check that the session hours match your broker’s server time, or switch to the New York + 7 clock.
Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.
Important information!
For the first 2 weeks, trade on a demo account or a cent account (to choose the best trading conditions for yourself)
Install a trading advisor on a VPS
Real Account Profit Recorded every Friday (end of the trading week)
What’s in the package?
Experts:
- Gold Breakout 15M EA v2.30 MT5.ex5
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Disclaimer:
The EAs sold on our channel are not created by us.
We are only resellers of these EAs and the EA performance cannot be guaranteed or predicted.
Past performance is no guarantee of future results. We seek the EA on an ‘as is’ basis and only the version mentioned is being sold.
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EA updates are thus not automatic and not guaranteed.
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