Gold M15 Breakout Expert1.0

EALegit summary — unaudited listing

An automated breakout trading system for Gold (XAUUSD) on the M15 timeframe. It builds a price channel from recent highs and lows (default lookback 20 candles, excluding the breakout candle) and enters in the breakout direction on candle close, with an optional EMA 50/200 trend filter. Stop loss is set dynamically via ATR (period 14, multiplier 1.80), take profit uses a configurable risk/reward ratio (default 2.00), and position sizing is risk-based (default 0.5% per trade) or fixed lot. It includes daily limits (max 3 trades, 60-minute cooldown, 3% daily loss cap), a session filter, and protections such as max spread, margin, stop level, and max lot checks; the seller states it does not use grid or martingale and applies stop loss and take profit to every trade.