What the EA Does
This product is an automated trading tool for MetaTrader 5, built around detecting breakout conditions in recent price action. It is configured for XAUUSD on the M5 timeframe. When the EA identifies a breakout setup, it can open a position according to the parameters defined in its settings. The design is deliberately simple: the EA does not attempt to predict market direction beyond the breakout logic, and it does not employ grid or martingale techniques.
Breakout Logic and Market Inputs
The EA evaluates a short sequence of recent candles to assess whether price has moved beyond a defined range. This lookback window is part of the current configuration and can be adjusted. The approach is meant to capture momentum after a consolidation phase, rather than trading every tick or relying on long-term indicators. All entries are controlled by the same set of rules, which helps keep execution consistent across different sessions.
Position Management and Exit Rules
Every trade opened by the EA has a predefined stop loss and take profit. These levels are set in the EA parameters and do not change from trade to trade unless the user edits them. The stop loss defines the maximum loss per position, while the take profit sets the target. After a trade reaches a specified profit threshold, the EA moves the stop loss to break-even, and can then trail it slightly beyond the entry price. This feature is intended to lock in a small gain while allowing the position to run toward its take profit.
Risk Controls
- Fixed lot size: The EA uses one lot size for all trades, so exposure per position stays constant.
- Maximum open orders: An order limit prevents the EA from opening too many simultaneous positions.
- Stop loss on every trade: Each position has a hard stop loss level from the moment it is opened.
- Break-even adjustment: The stop loss can be shifted to entry or slightly above after a certain profit is reached.
These controls are not adaptive; they rely on the values the trader enters. For example, if the fixed lot size is too large for the account balance, the stop loss will still be respected, but the monetary risk per trade may be higher than intended. The maximum open order setting limits simultaneity but does not reduce the per-trade risk.
Setup and Configuration
The product is delivered with set files that define specific parameters for XAUUSD and the M5 chart. Traders should load these files onto the appropriate chart in MetaTrader 5. The EA uses a unique Magic Number, so it manages only its own trades and does not interfere with other EAs or manual positions on the same account. The minimum deposit mentioned by the developer is 500 USD, with leverage of at least 1:30. Any account type is acceptable, but the user should verify that the broker allows automated trading on gold with the chosen conditions.
What the Backtest Reports Show
The vendor provides two backtest reports for XAUUSD on M5. The first covers January 1 to March 31, 2026, starting with 1,000 USD and ending with a net profit of 8,476.85 USD. The second runs from November 1, 2025 to March 31, 2026, starting with 10,000 USD and showing a net profit of 134,741.85 USD. Both reports indicate a profit factor around 1.15 and a maximum equity drawdown below 4 percent. These are simulated results and do not guarantee future performance.
Before Running It Live
Anyone testing this EA should first run it on a demo account with the same settings and time period as the backtest, then compare results. The fixed lot size and maximum open orders should be adjusted to match the actual account balance and risk tolerance. The break-even threshold should be reviewed carefully, because if it is set too close to the entry, normal market noise may trigger it prematurely and cut winning trades short. Backtest results should be treated as indicative only, especially when the sample period is short.
