Breakout · EA-002 · v1.00
PipFix BreakoutPro
Donchian channel breakout with volatility and trend confirmation
Backtest
XAUUSD · H1 · 2024-09-01 to 2026-09-01
- Net profit
- $10,056
- Profit factor
- 1.30
- Relative drawdown
- 19.30%
- Trades
- 497
- Win rate
- 50.10%
- Modelling quality
- 98%
Test conditions. Symbol XAUUSD, timeframe H1, 2024-09-01 to 2026-09-01, initial balance $10,000, spread 1 minute OHLC, modelling quality 98%, run on Exness-MT5Real39. Past results do not predict future results.
Publish gate
| Criterion | Measured | Needs | Result |
|---|---|---|---|
| Closed trades ≥ 80 | 497 trades | >= 80 | Pass |
| Profit factor ≥ 1.15 | 1.300 | >= 1.15 | Pass |
| Relative drawdown ≤ 25% | 19.30% | <= 25% | Pass |
| Modelling quality ≥ 90% | 98.00% | >= 90% | Pass |
| Out-of-sample not a catastrophe | true | true in stats.json | Pass |
| Curve not carried by one trade | true | true in stats.json | Pass |
Download
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Waiting behind the sign-in: ea.ex5 · PipFix_BreakoutPro_XAUUSD_H1_BACKTESTED.set
How it works
# PipFix BreakoutPro
**Donchian channel breakout with volatility and trend confirmation**
* Product name: `PipFixBreakoutPro`
* File: `PipFix_BreakoutPro.ex5`
* Category: Breakout
* Default timeframe: H1
* Validated symbol: XAUUSD H1 (the only symbol walk-forward validated — see the measured result above)
* Magic number: 8850103
* Martingale / grid / averaging: **NO - none, ever**
* Stop Loss + Take Profit: **attached to every order at the moment it is opened**
* Branding: `pipfixalgo.com` watermark locked to the chart
---
## Measured backtest result
| | |
|---|---|
| Tested on | **XAUUSD H1** |
| Backtest period | **2024.09.01 to 2026.09.01** |
| **Length of the test** | **24 months of market data** |
| Net profit on 10 000 USD | **10,056.26 USD** |
| Average monthly return | **2.94%** (compounded, over the 24 months) |
| Maximum drawdown | **19.18%** |
| Profit factor | **1.3** |
| Trades | 497 |
Full report, screenshots and the exact settings file: `Backtest/BACKTEST_RESULTS.md`
## 1. What this robot does
Breakout logic in its purest form: the robot marks the highest high and lowest low of the last 40 bars and waits for a bar to CLOSE outside that channel. Two filters stop the classic breakout problem of false breaks - the move must happen with above-average ATR, and (optionally) in the direction of the 200 EMA.
## 2. Exact trading rules
1. BUY when a bar closes above the highest high of the previous 40 bars.
2. SELL when a bar closes below the lowest low of the previous 40 bars.
3. Current ATR must be at least 0.8 x the 50-bar average ATR (volatility expansion).
4. With the trend filter on, longs need price above the 200 EMA and shorts below it.
5. Stop Loss = 2.0 x ATR, Take Profit = 4.0 x ATR, trailing stop at 2.0 x ATR.
## 3. Risk management built in
| Protection | What it does |
|---|---|
| Percent risk sizing | Lot size is calculated from `InpRiskPercent` and the real stop distance, so every trade risks the same fraction of the balance. |
| Fixed lot mode | Set `InpUseRiskPercent = false` to use `InpFixedLot` instead. |
| Hard lot cap | `InpMaxLot` can never be exceeded, whatever the balance. |
| One position rule | `InpMaxOpenTrades` (default 1) - no stacking, no averaging down. |
| Daily loss stop | Trading halts for the rest of the day after `InpDailyLossStopPct` percent loss. |
| Daily trade cap | `InpMaxTradesPerDay` limits overtrading (0 = unlimited). |
| Spread guard | No entry while spread is above `InpMaxSpreadPoints`. |
| Break-even | Stop moves to entry after `InpBE_ATR` x ATR of profit. |
| ATR trailing stop | Locks in profit as the move extends. |
**No martingale guarantee.** The position size function of this EA reads only the account balance, the
risk percent and the stop distance. It never reads the result of the previous trade, so a loss can
never increase the next lot size. There is no grid, no hedge basket and no recovery multiplier
anywhere in the code.
## 4. Parameters
| Parameter | Default | Meaning |
|---|---|---|
| `InpTF` | `16385` | Working timeframe |
| `InpAllowLong` | `true` | Allow BUY trades |
| `InpAllowShort` | `true` | Allow SELL trades |
| `InpUseStrategyExit` | `true` | Close early on opposite signal |
| `InpLookback` | `40` | Channel lookback in bars |
| `InpUseTrendFilter` | `true` | Only trade in direction of the trend EMA |
| `InpTrendEMA` | `200` | Trend EMA period |
| `InpMinATRRatio` | `0.8` | Current ATR must be >= this x average ATR |
| `InpATRAvgPeriod` | `50` | Bars used for the average ATR |
| `InpUseRiskPercent` | `true` | Size position from % risk (false = fixed lot) |
| `InpRiskPercent` | `1.0` | Risk per trade, % of balance |
| `InpFixedLot` | `0.10` | Fixed lot when % risk is off |
| `InpMaxLot` | `5.0` | Hard maximum lot |
| `InpMaxOpenTrades` | `1` | Max simultaneous positions of this EA |
| `InpMaxTradesPerDay` | `0` | Max entries per day (0 = unlimited) |
| `InpDailyLossStopPct` | `5.0` | Stop for the day after this % loss (0 = off) |
| `InpATRPeriod` | `14` | ATR period for stops |
| `InpSL_ATR` | `2.0` | Stop Loss = ATR x this |
| `InpTP_ATR` | `4.0` | Take Profit = ATR x this |
| `InpMinSLPoints` | `80` | Minimum SL distance in points |
| `InpUseBreakEven` | `true` | Move SL to break-even |
| `InpBE_ATR` | `1.0` | Break-even trigger = ATR x this |
| `InpUseTrailing` | `true` | ATR trailing stop |
| `InpTrail_ATR` | `2.0` | Trailing distance = ATR x this |
| `InpMaxSpreadPoints` | `30` | Max allowed spread in points |
| `InpUseTimeFilter` | `false` | Restrict trading hours (server time) |
| `InpStartHour` | `7` | Trading start hour |
| `InpEndHour` | `20` | Trading end hour |
| `InpAvoidFriday` | `false` | No new trades on Friday |
| `InpMagic` | `8850103` | Magic number - keep unique per chart |
| `InpTradeComment` | `PipFix BreakoutPro` | Order comment |
| `InpSlippage` | `20` | Max deviation in points |
## 5. Installation
1. In MetaTrader 5 choose **File -> Open Data Folder**, open `MQL5\Experts\` and create a folder named `PipFix`.
2. Copy the downloaded **PipFix BreakoutPro.ex5** into `MQL5\Experts\PipFix\`. It is already compiled — there is no source file and nothing to build.
3. Back in MT5, right-click the **Navigator** panel and choose *Refresh*, then drag **PipFix BreakoutPro** onto a **H1** chart of **XAUUSD**.
4. On the **Common** tab tick *Allow Algo Trading*.
5. On the **Inputs** tab press **Load** and select the settings file you downloaded, **PipFix_BreakoutPro_XAUUSD_H1_BACKTESTED.set**.
6. Make sure the **Algo Trading** button in the MT5 toolbar is green.
## 6. How to reproduce the backtest
1. **View -> Strategy Tester** (Ctrl+R).
2. Expert: `PipFix\PipFix_BreakoutPro`, Symbol: XAUUSD, Period: H1.
3. Modelling: *Every tick based on real ticks* (or *1 minute OHLC* for a fast first pass).
4. Set the date range, deposit and leverage you want to publish, load the `.set` file, press **Start**.
5. When it finishes, open the **Backtest** tab, right-click -> **Report** to save the HTML/XML report.
The measured results for this EA are in `Backtest/BACKTEST_RESULTS.md` in this folder, together with
the report screenshots. Those numbers come from an actual Strategy Tester run - the settings, symbol,
period and date range used are printed at the top of that file so anyone can repeat it.
## 7. Honest notes
* Past backtest performance is not a promise of future results. Spread, swap and execution differ
between brokers, and a different broker will produce a different curve.
* This robot trades one position at a time with a fixed stop. It is designed to survive, not to
produce a straight equity line.
* Use it on a demo account for at least a few weeks before risking real money.
---
(c) pipfixalgo.com - PipFix BreakoutPro v1.00
**Best conditions:** Gold and index CFDs on H1/H4 where breakouts run. Widen InpLookback to 60-80 on H4.
**Donchian channel breakout with volatility and trend confirmation**
* Product name: `PipFixBreakoutPro`
* File: `PipFix_BreakoutPro.ex5`
* Category: Breakout
* Default timeframe: H1
* Validated symbol: XAUUSD H1 (the only symbol walk-forward validated — see the measured result above)
* Magic number: 8850103
* Martingale / grid / averaging: **NO - none, ever**
* Stop Loss + Take Profit: **attached to every order at the moment it is opened**
* Branding: `pipfixalgo.com` watermark locked to the chart
---
## Measured backtest result
| | |
|---|---|
| Tested on | **XAUUSD H1** |
| Backtest period | **2024.09.01 to 2026.09.01** |
| **Length of the test** | **24 months of market data** |
| Net profit on 10 000 USD | **10,056.26 USD** |
| Average monthly return | **2.94%** (compounded, over the 24 months) |
| Maximum drawdown | **19.18%** |
| Profit factor | **1.3** |
| Trades | 497 |
Full report, screenshots and the exact settings file: `Backtest/BACKTEST_RESULTS.md`
## 1. What this robot does
Breakout logic in its purest form: the robot marks the highest high and lowest low of the last 40 bars and waits for a bar to CLOSE outside that channel. Two filters stop the classic breakout problem of false breaks - the move must happen with above-average ATR, and (optionally) in the direction of the 200 EMA.
## 2. Exact trading rules
1. BUY when a bar closes above the highest high of the previous 40 bars.
2. SELL when a bar closes below the lowest low of the previous 40 bars.
3. Current ATR must be at least 0.8 x the 50-bar average ATR (volatility expansion).
4. With the trend filter on, longs need price above the 200 EMA and shorts below it.
5. Stop Loss = 2.0 x ATR, Take Profit = 4.0 x ATR, trailing stop at 2.0 x ATR.
## 3. Risk management built in
| Protection | What it does |
|---|---|
| Percent risk sizing | Lot size is calculated from `InpRiskPercent` and the real stop distance, so every trade risks the same fraction of the balance. |
| Fixed lot mode | Set `InpUseRiskPercent = false` to use `InpFixedLot` instead. |
| Hard lot cap | `InpMaxLot` can never be exceeded, whatever the balance. |
| One position rule | `InpMaxOpenTrades` (default 1) - no stacking, no averaging down. |
| Daily loss stop | Trading halts for the rest of the day after `InpDailyLossStopPct` percent loss. |
| Daily trade cap | `InpMaxTradesPerDay` limits overtrading (0 = unlimited). |
| Spread guard | No entry while spread is above `InpMaxSpreadPoints`. |
| Break-even | Stop moves to entry after `InpBE_ATR` x ATR of profit. |
| ATR trailing stop | Locks in profit as the move extends. |
**No martingale guarantee.** The position size function of this EA reads only the account balance, the
risk percent and the stop distance. It never reads the result of the previous trade, so a loss can
never increase the next lot size. There is no grid, no hedge basket and no recovery multiplier
anywhere in the code.
## 4. Parameters
| Parameter | Default | Meaning |
|---|---|---|
| `InpTF` | `16385` | Working timeframe |
| `InpAllowLong` | `true` | Allow BUY trades |
| `InpAllowShort` | `true` | Allow SELL trades |
| `InpUseStrategyExit` | `true` | Close early on opposite signal |
| `InpLookback` | `40` | Channel lookback in bars |
| `InpUseTrendFilter` | `true` | Only trade in direction of the trend EMA |
| `InpTrendEMA` | `200` | Trend EMA period |
| `InpMinATRRatio` | `0.8` | Current ATR must be >= this x average ATR |
| `InpATRAvgPeriod` | `50` | Bars used for the average ATR |
| `InpUseRiskPercent` | `true` | Size position from % risk (false = fixed lot) |
| `InpRiskPercent` | `1.0` | Risk per trade, % of balance |
| `InpFixedLot` | `0.10` | Fixed lot when % risk is off |
| `InpMaxLot` | `5.0` | Hard maximum lot |
| `InpMaxOpenTrades` | `1` | Max simultaneous positions of this EA |
| `InpMaxTradesPerDay` | `0` | Max entries per day (0 = unlimited) |
| `InpDailyLossStopPct` | `5.0` | Stop for the day after this % loss (0 = off) |
| `InpATRPeriod` | `14` | ATR period for stops |
| `InpSL_ATR` | `2.0` | Stop Loss = ATR x this |
| `InpTP_ATR` | `4.0` | Take Profit = ATR x this |
| `InpMinSLPoints` | `80` | Minimum SL distance in points |
| `InpUseBreakEven` | `true` | Move SL to break-even |
| `InpBE_ATR` | `1.0` | Break-even trigger = ATR x this |
| `InpUseTrailing` | `true` | ATR trailing stop |
| `InpTrail_ATR` | `2.0` | Trailing distance = ATR x this |
| `InpMaxSpreadPoints` | `30` | Max allowed spread in points |
| `InpUseTimeFilter` | `false` | Restrict trading hours (server time) |
| `InpStartHour` | `7` | Trading start hour |
| `InpEndHour` | `20` | Trading end hour |
| `InpAvoidFriday` | `false` | No new trades on Friday |
| `InpMagic` | `8850103` | Magic number - keep unique per chart |
| `InpTradeComment` | `PipFix BreakoutPro` | Order comment |
| `InpSlippage` | `20` | Max deviation in points |
## 5. Installation
1. In MetaTrader 5 choose **File -> Open Data Folder**, open `MQL5\Experts\` and create a folder named `PipFix`.
2. Copy the downloaded **PipFix BreakoutPro.ex5** into `MQL5\Experts\PipFix\`. It is already compiled — there is no source file and nothing to build.
3. Back in MT5, right-click the **Navigator** panel and choose *Refresh*, then drag **PipFix BreakoutPro** onto a **H1** chart of **XAUUSD**.
4. On the **Common** tab tick *Allow Algo Trading*.
5. On the **Inputs** tab press **Load** and select the settings file you downloaded, **PipFix_BreakoutPro_XAUUSD_H1_BACKTESTED.set**.
6. Make sure the **Algo Trading** button in the MT5 toolbar is green.
## 6. How to reproduce the backtest
1. **View -> Strategy Tester** (Ctrl+R).
2. Expert: `PipFix\PipFix_BreakoutPro`, Symbol: XAUUSD, Period: H1.
3. Modelling: *Every tick based on real ticks* (or *1 minute OHLC* for a fast first pass).
4. Set the date range, deposit and leverage you want to publish, load the `.set` file, press **Start**.
5. When it finishes, open the **Backtest** tab, right-click -> **Report** to save the HTML/XML report.
The measured results for this EA are in `Backtest/BACKTEST_RESULTS.md` in this folder, together with
the report screenshots. Those numbers come from an actual Strategy Tester run - the settings, symbol,
period and date range used are printed at the top of that file so anyone can repeat it.
## 7. Honest notes
* Past backtest performance is not a promise of future results. Spread, swap and execution differ
between brokers, and a different broker will produce a different curve.
* This robot trades one position at a time with a fixed stop. It is designed to survive, not to
produce a straight equity line.
* Use it on a demo account for at least a few weeks before risking real money.
---
(c) pipfixalgo.com - PipFix BreakoutPro v1.00
**Best conditions:** Gold and index CFDs on H1/H4 where breakouts run. Widen InpLookback to 60-80 on H4.