Prop Gold Breakout EA MT4 (Original version) | Unbounded

What is Prop Gold Breakout EA MT4?

Prop Gold Breakout EA MT4 is a fully automated Expert Advisor designed for trading XAUUSD (Gold) on the M15 timeframe, specifically optimized for prop firm challenges and funded account environments. It uses a clean breakout trading model based on recent price range expansion, executing trades through pending Buy Stop and Sell Stop orders. The EA is built with strict risk control rules, including no martingale, no grid, and no arbitrage logic, making it suitable for traders who must comply with tight drawdown and risk limits. It also includes spread filtering, daily profit protection, and session-based trading controls to improve consistency and safety.

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About the Developer

• Author: Mouad Sghiri
• Experience: Over +2 years of experience on MQL5.
• Notable Products: Prop Gold Breakout EA MT4 and other advisors.
• Flagship Product: Prop Gold Breakout EA MT4 is rated as the best performing product of the year.

>> Delivery time 24h-48h after payment.
>>> Refund if not delivered.
>>> You will receive the latest version without any limitations (ID+Time).

Prop Gold Breakout EA MT4 Overview

Main Features of Prop Gold Breakout EA MT4

• M15 Gold Breakout Strategy: Trades are executed on XAUUSD using a structured breakout of recent price ranges on the M15 timeframe.
• Pending Order Execution Model: Places Buy Stop and Sell Stop orders above and below a defined range for precise breakout entry.
• No Martingale or Grid System: Uses a clean trading approach without risky recovery or averaging techniques.
• Fixed Risk Management Per Trade: Each position uses predefined Stop Loss and Take Profit levels for controlled exposure.
• Spread Protection Filter: Blocks trading when spread exceeds a defined limit (e.g., 35 points).
• Daily Profit Target Control: Automatically stops trading once a preset equity gain percentage is reached.
• One Setup at a Time Logic: Prevents overtrading by maintaining only one active trading setup at any moment.

Additional Features

• Session-Based Trading Filter: Allows trading only during selected market hours for improved consistency.
• Automatic Breakeven System: Moves stop loss to entry once a defined profit threshold is reached.
• Trailing Stop Functionality: Dynamically locks in profits as price continues in the breakout direction.
• Pending Order Management: Automatically deletes outdated orders when a new setup appears.
• Configurable Range Detection: Uses adjustable bar-based range settings to define breakout zones.
• Low Capital Compatibility: Can operate from small accounts starting around $50 (cent/micro accounts).
• ECN Broker Optimization: Designed for fast execution environments with low spreads and stable pricing.

Why Choose Prop Gold Breakout EA MT4?

• Prop Firm Friendly Design: Built specifically to comply with strict risk rules and drawdown limits.
• Clean Breakout Strategy: Focuses on one of the most reliable trading concepts—price range breakouts.
• Strict Risk Control System: Combines spread filtering, SL/TP rules, and daily profit protection.
• No High-Risk Trading Behavior: Eliminates martingale, grid, and arbitrage-based strategies completely.
• Automation with Discipline: Ensures consistent execution without emotional trading decisions.
• Optimized for Gold Volatility: Tailored specifically for XAUUSD’s movement characteristics on M15.
• Simple and Efficient Setup: Easy to configure and run on VPS or live trading environments.

Prop Gold Breakout EA MT4 Backtest Results

🔺XAUUSD (Gold)

• Initial Deposit: $100
• Total Net Profit: $322,90
• Win Rate (% of total): 62.69%
• Maximum Drawdown: 11,84%

Prop Gold Breakout EA MT4 backtets

What’s Included in the Download Package?

• Experts: Prop Gold Breakout_fix.ex4

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Conclusion

>>> Reviewed by Jason Stap <<<