# MPX-BRK3

Breakout Expert Advisor for Gold (XAUUSD) on the H1 timeframe using Bollinger Band squeeze conditions.

Canonical: https://prismaticalgos.com/compendium/algo/9367-mpx-brk3
Record ID: 9367
Catalog rank: 1307 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Mean Reversion & Counter-Trend (B)
Source: https://www.mql5.com/en/market/product/181421
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

No automated warnings recorded; this is not validation.

## Recorded profile

- symbols: XAUUSD
- timeframes: H1
- sessions: Not specified
- market_regime: trending

## Indicators

- Bollinger Bands: {"deviations": 1.7, "period": 20}; applied to: close
- ATR: {"period": 26}; applied to: close

## Recorded long-entry rules

- Bollinger Bands width < ATR × Squeeze_ATR_Multiplier
- Next bar close above upper band

## Recorded short-entry rules

- Bollinger Bands width < ATR × Squeeze_ATR_Multiplier
- Next bar close below lower band

## Recorded exit rules

- Breakeven: moves SL to open price once price reaches a defined ATR distance
- Trailing Stop: follows price by ATR distance to lock in profit as the breakout extends

## Recorded filters

- Max_Spread_Points 40
- MagicNumber 30003

## Risk controls

- Stop loss: StopLoss_ATR_Multiplier × ATR
- Take profit: TakeProfit_ATR_Multiplier × ATR
- Position sizing: Lot size calculated automatically based on % risk per trade