# Gold External Breakout Expert Advisor

A rule-based BUY-ONLY Expert Advisor for XAUUSD using trend and breakout analysis.

Canonical: https://prismaticalgos.com/compendium/algo/7847-gold-external-breakout-expert-advisor
Record ID: 7847
Catalog rank: 1839 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Grid, Martingale & Averaging (C)
Source: https://www.mql5.com/en/market/product/195480
Evidence label (unverified): backtest_shown

## Scope and 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.

No endorsement, ownership claim or source-code reuse permission is implied.

## Extraction warnings

Claim warnings: RECOVERY SIZING: position size increases after losses (martingale/grid/averaging). Equity curves look smooth until the run that does not recover - judge it on worst-case exposure, not win rate.

## Recorded profile

- symbols: XAUUSD
- timeframes: M30, M15
- sessions: Not specified
- market_regime: trending|volatile

## Indicators

- EMA: {"period": 50}; applied to: close
- EMA: {"period": 200}; applied to: close

## Recorded long-entry rules

- M30 EMA 50 / EMA 200 trend filter
- External Higher High detection
- M15 breakout confirmation
- Candle-close confirmation before entry

## Recorded short-entry rules

- Not specified.

## Recorded exit rules

- Not specified.

## Recorded filters

- MaxTradesDay = 5
- ServerToWITA_Hours = 5

## Risk controls

- Stop loss: StopLossUSD = 25.0
- Take profit: TakeProfitUSD = 50.0
- Position sizing: FixedLot = 0.01