{
  "id": 12724,
  "rank": 1813,
  "name": "Gold Donchian Breakout",
  "aka": [
    "Gold Impulse Volume EA",
    "Gold Fractal Core"
  ],
  "family": "A",
  "subtype": "A2",
  "one_liner": "A free MT5 EA for XAUUSD using Donchian channel breakouts with H4 EMA, ADX, and tick-volume filters.",
  "market_regime": "any",
  "timeframes": [
    "M5"
  ],
  "symbols": [
    "XAUUSD",
    "XAUUSDm",
    "XAUUSDc",
    "GOLD#"
  ],
  "sessions": [
    "null"
  ],
  "indicators": [
    {
      "name": "Donchian Channel",
      "params": {
        "period": 20
      },
      "applied_to": "close"
    },
    {
      "name": "H4 EMA",
      "params": {
        "period": null
      },
      "applied_to": "close"
    },
    {
      "name": "ADX",
      "params": {
        "period": null
      },
      "applied_to": "close"
    },
    {
      "name": "ATR",
      "params": {
        "period": null
      },
      "applied_to": "close"
    }
  ],
  "entry_long": [
    "M5 candle closes above Donchian channel upper band",
    "H4 EMA direction and distance conditions met",
    "Tick-volume confirmation"
  ],
  "entry_short": [
    "M5 candle closes below Donchian channel lower band",
    "H4 EMA direction and distance conditions met",
    "Tick-volume confirmation"
  ],
  "exit_rules": [
    "Stop loss uses H4 ATR with price-percentage bounds",
    "Take profit is a multiple of initial stop distance, default 1R",
    "At +0.5R, EA attempts to move the stop to break-even when trading conditions permit"
  ],
  "filters": [
    "Oversized candles",
    "Extended breakouts",
    "MaxSpread in GOLD price dollars",
    "FridayCloseHour uses broker server time",
    "MaxSymbolPositions counts manual and other-EA positions on the same symbol",
    "Use a unique MagicNumber for each EA/chart"
  ],
  "stop_loss": "H4 ATR with price-percentage bounds",
  "take_profit": "Multiple of initial stop distance, default 1R",
  "position_size": "Default MaxLot is 0.01; account capital, contract size and minimum volume must be considered together",
  "evidence_type": "backtest_shown",
  "completeness": 50.0,
  "signal_warnings": null,
  "claim_warnings": null,
  "opacity_warnings": null,
  "build_warnings": null,
  "canonical": "https://prismaticalgos.com/compendium/algo/12724-gold-donchian-breakout",
  "snapshot": "2026-10-31 15:46 UTC",
  "source_url": "https://www.mql5.com/en/market/product/198826",
  "limitations": "These are machine-extracted research records, not verified trading systems. Catalog rank measures specification detail and claimed evidence, not profitability. The catalog extraction pipeline did not independently backtest these records. Its separate selected testing ledger does not validate the wider corpus. Rules, labels and parameters can be incomplete or wrong; consult the original source and its reuse terms."
}