
Gold Breakouts is an MT5 expert advisor for XAUUSD that looks for consolidation ranges on the chart and opens trades when price breaks out of them. It offers range modes, USD-based stops and optional compounding lot sizing.
Get one message the moment it launches, with its price.
Gold Breakouts is a fully automated expert advisor for MetaTrader 5 that trades gold. It watches XAUUSD for periods of consolidation and opens a position when price leaves the range, aiming to follow the move that comes next.
The EA tracks recent price action and builds a dynamic range from it. When price closes outside that range under the defined conditions, it enters in the direction of the break. Exits use a stop loss expressed in USD terms and a target, so the risk on each trade is set in account currency rather than only in points.
The strategy tags for this product include trend, momentum and grid. The product description says it does not use martingale, so check on your own data how many positions can be open at the same time.
It is built for XAUUSD only. H1 is the main timeframe, and the inputs can be adjusted for shorter ones, although lower timeframes generate many more trades and are more sensitive to spread and slippage. A hedging account with low or raw spread is preferred, and a low-latency VPS helps keep order execution steady around breakouts.
Exact input names can differ, so open the Inputs tab and read each option before running it. Typical groups are:
| Setting group | What to check |
|---|---|
| Range mode | Tight, wide or mixed; test each on your broker's data |
| Lot size and compounding | Fixed lot or auto-scaling with balance; start with the smallest size |
| Stop loss (USD) | Maximum loss per trade in account currency |
| Take profit | Target distance or value |
| Trading session | Hours when new trades are allowed; consider spread at rollover |
Gold can move fast and spreads can widen sharply during news and at the daily rollover. Auto-compounding raises position size as the balance grows, which also raises the size of future losses. Choose lot sizes and USD stop levels you can accept before you start.
Trading carries risk, and you can lose some or all of your deposit. Backtest results depend on the data and settings used, and past results do not predict future ones. Test on a demo account first.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (expert advisor, .ex5) |
| Strategy focus | Gold or XAUUSD, Trend, Grid, Momentum |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (fully automated) |
| Symbol | XAUUSD (gold); check your broker's symbol name |
| Timeframes | H1 is the main setting; other timeframes can be configured |
| Trade style | Range breakout, momentum, trend-following |
| Account type | Hedging account with low or raw spread preferred |
| Requirements | Algo trading enabled; VPS recommended for 24/5 running |
No reviews yet. Customers who own Gold Breakouts can review it here.
No. This is an MT5 expert advisor and will not load on MetaTrader 4. You need a MetaTrader 5 terminal and an account that allows automated trading.
It is designed for gold, so attach it to XAUUSD. The H1 chart is the main setting, but the inputs let you adjust it for other timeframes. Your broker may name the symbol differently, for example with a suffix. Test any change in the Strategy Tester before using it live.
A hedging account with low spread and low commission is preferred. A small balance is mentioned for trading 0.01 lot, but treat that as a lower bound only. Gold is volatile, so check your broker's margin rules, stop levels and contract size before choosing a deposit and lot size.
The product description says it does not use martingale, but the strategy tags mention grid. Run the Strategy Tester in visual mode and watch how orders are opened on your broker's data, so you can see whether more than one position is ever open at once.
Open MetaTrader 5, choose File, then Open Data Folder, and copy the expert file into MQL5/Experts. Restart the terminal or refresh the Navigator, drag the EA onto an XAUUSD chart, and enable Algo Trading. Confirm that automated trading is permitted in Tools, Options, Expert Advisors.
Yes. Run it in the Strategy Tester and then on a demo account with your own broker's spread, commission and execution. Results differ between brokers, and past results do not predict future ones.
Gold Breakouts
Notify me at launchQuestions about this tool?
Ask us on Telegram Install guide for MT4 and MT5 Get a custom version builtFree, practical help with testing, sizing and running expert advisors.
Own Gold Breakouts? Sign in to review it.