Gold H4 Candle Breakout
A slow but disciplined robot that trades strong breakouts from the opening range of a gold H4 candle.
How it makes money
It marks the opening range of a chosen H4 candle. When price breaks above it and holds, it opens a buy with the stop below the range. At the first target it takes part of the profit and moves the stop to break-even, then trails the rest. Losses stay small and scattered, while a winning trade can run until the trend ends. Most of the profit comes when gold is trending.
Strengths
- Before entering it checks the higher-timeframe trend and regime (moving averages, ADX), RSI, nearby swing structure and the spread. It skips most candles on purpose.
- Every trade has a stop loss. No martingale, no grid, no averaging down, no hedging.
- Takes part of the profit early and protects the rest with break-even and trailing.
- Risk adapts to volatility and market regime. A daily loss limit, an equity floor and a per-trade risk cap can be switched on (to match prop firm rules).
- Checks the broker server clock and warns in the Journal if it is off.
199 USD (199 USD for the first 10 buyers, then 400 USD) · 1-year rent 99 USD
View on MQL5Backtest
| Net profit | +19,176 USD |
| Profit factor | 2.51 |
| Maximum equity drawdown | 2.24 % |
| Trades | 221, all buys |
| Losing months | 11 of 32 |
| Share of the best 3 trades | 50 % |
XAUUSD H4, 2024-01-01 to 2026-08-20, real ticks ("Every tick based on real ticks", 99.3 % of minutes covered), $100,000 starting account. This is a backtest, not live trading results. In a trendless market like 2020-2023 it earned far less, and several losing months in a row are normal. Not suitable for accounts under $10,000.