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Seller price: Free
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Gold Donchian Breakout1.2
Seller claims
grid yes · martingale no · SL yes
EALegit summary — unaudited listing
A free mechanical breakout expert advisor for gold (XAUUSD) that trades on the M5 timeframe. It enters when the M5 close breaks a Donchian channel (default 20 bars), filtered by H4 EMA trend direction and distance, H4 ADX range, tick volume, and an anti-chase filter that skips late breakouts. Risk management uses an H4 ATR-based stop loss clamped to a percentage of price, take profit in R multiples, break-even at +0.5R, a daily loss limit, a consecutive-loss stop, and optional Friday close, with one position at a time by default. No grid, martingale, or averaging is used.
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