Gold Breakout EA Performance

01:00 — Daily Breakout Setup

Places stop orders above previous day high and below previous day low to capture momentum breakouts

13:00 - 15:00 — London Session Tracking

Monitors price action during peak liquidity hours, establishes session high/low range

15:00 — London Breakout Orders

Sets stop orders at session high/low + offset for breakout continuation trades

23:30 — Daily Reset

Closes all positions, cancels pending orders, prepares for next trading day

Position Sizing Control

Choose between fixed lot size or risk-based percentage of balance. Risk-based mode automatically calculates position size based on stop loss distance and performs margin adequacy checks before order placement.

News Event Protection

Integrates with MT5 economic calendar to monitor high-impact USD and gold-related news. Automatically cancels pending orders 5 minutes before events and restores them 10 minutes after release.

Daily Drawdown Protection

Enforces 3% maximum daily loss limit by default. Trading automatically suspends if threshold is reached and resumes the following day after daily reset. Adjustable to your risk tolerance.

Intelligent Trailing Stops

Dynamic stop loss management activates after 10 pips profit. Trails at 10 pip distance with 0.5 pip step increments to protect gains while allowing winning positions to run.

Smart Recovery System

If EA is restarted during trading hours, automatically analyzes price action to determine which breakout levels remain valid and only restores orders that have not been triggered.