Gold Sky Rocket Breakout EA - Technical Overview

The Gold Sky Rocket Breakout EA is an original product that we coded ourselves, developed through years of dedicated research to create a highly effective trading solution for the XAUUSD (Gold) market. This Expert Advisor (EA) executes a breakout trading strategy with a target win-loss ratio of 2:1, utilizing a low starting lot size of 0.01 to accommodate various account sizes. Due to its high profitability, this EA is not compatible with proprietary trading firms (prop firms), as we believe its performance exceeds typical prop firm risk parameters. The source code is not available, ensuring the proprietary nature of our strategy remains protected.

Breakout Strategy Mechanics

The EA identifies key price zones in the XAUUSD market where significant price breakouts are likely to occur. These zones are determined using a proprietary algorithm, refined over years of research, that analyzes market structure to pinpoint areas of high-probability price action. The strategy targets moments when price approaches these zones, employing technical indicators to confirm optimal entry conditions. Pending orders are placed strategically to capture upward or downward breakouts, ensuring trades align with market momentum.

Trade Entry and Filtering

The EA uses a combination of technical indicators, including momentum and volatility metrics, to filter trade entries. It evaluates real-time market data to ensure trades are only initiated when conditions meet predefined criteria, enhancing the likelihood of achieving the 2:1 win-loss ratio. The system places buy-stop or sell-stop orders depending on the breakout direction, with entry points calculated to align with market dynamics.

Position Sizing and Risk Management

The EA starts with a base lot size of 0.01, allowing for low-risk entry into the market. It includes an optional, user-configurable feature to adjust lot sizes dynamically after a losing trade, which can be enabled or disabled via the settings menu. When activated, this feature doubles the lot size following a loss to potentially recover capital, while maintaining normalization to two decimal places for precision. Risk management protocols ensure trades are only executed when volatility and other conditions meet strict thresholds, minimizing exposure in unfavorable market environments.

Trade Management and Exit Strategy

Once a trade is active, the EA manages open positions by canceling opposing pending orders to avoid conflicting trades, maintaining a focused strategy. The system supports optional take-profit levels, calculated based on market structure, to secure profits in line with the 2:1 win-loss target. All trades are uniquely identified to track performance and ensure proper management within the XAUUSD market.

System Design and Accessibility

Developed exclusively for XAUUSD, the EA leverages the unique characteristics of the gold market. Its settings menu allows users to customize key parameters, including the dynamic lot sizing feature, to align with individual risk preferences. The system is designed to run continuously, monitoring price action and executing trades without requiring constant manual oversight, making it suitable for both experienced and novice traders. Note that this EA is not permitted for use with prop firms due to its high-profit potential, and the source code remains proprietary and unavailable.

The Gold Sky Rocket Breakout EA provides a robust, automated solution for trading gold, combining precise breakout detection, disciplined risk management, and a low starting lot size of 0.01 to target consistent performance in the XAUUSD market.

This EA is locked to only 1 MT4 accounts ( you can use a free trade copier to copy trades into your other accounts, do not worry as this is only a pending order ea. Trades will be 100% the same ) 

NO REFUNDS. 

DM https://t.me/forexeasourcecodes once you had made your purchase.

Check to view live performance : https://t.me/forexeasourcecode