Price action · EA-005 · v1.00
PipFix FractalBreak
Breaks of the most recent confirmed swing high / swing low
Backtest
GBPUSD · H1 · 2024-09-01 to 2026-09-01
- Net profit
- $2,599
- Profit factor
- 1.16
- Relative drawdown
- 9.77%
- Trades
- 393
- Win rate
- 62.09%
- Modelling quality
- 100%
Test conditions. Symbol GBPUSD, timeframe H1, 2024-09-01 to 2026-09-01, initial balance $10,000, spread 1 minute OHLC, modelling quality 100%, run on Exness-MT5Real39. Past results do not predict future results.
Publish gate
| Criterion | Measured | Needs | Result |
|---|---|---|---|
| Closed trades ≥ 80 | 393 trades | >= 80 | Pass |
| Profit factor ≥ 1.15 | 1.160 | >= 1.15 | Pass |
| Relative drawdown ≤ 25% | 9.77% | <= 25% | Pass |
| Modelling quality ≥ 90% | 100.00% | >= 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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How it works
# PipFix FractalBreak
**Breaks of the most recent confirmed swing high / swing low**
* Product name: `PipFixFractalBreak`
* File: `PipFix_FractalBreak.ex5`
* Category: Price action
* Default timeframe: H1
* Validated symbol: GBPUSD H1 (the only symbol walk-forward validated — see the measured result above)
* Magic number: 8850119
* 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 | **GBPUSD 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 | **2,598.95 USD** |
| Average monthly return | **0.97%** (compounded, over the 24 months) |
| Maximum drawdown | **8.85%** |
| Profit factor | **1.16** |
| Trades | 393 |
Full report, screenshots and the exact settings file: `Backtest/BACKTEST_RESULTS.md`
## 1. What this robot does
Fractals mark the exact swing highs and lows a discretionary trader would draw by hand, but with no subjectivity. The EA finds the most recent confirmed fractal above and below the market and trades the first close that breaks through one of them by a confirmation buffer.
## 2. Exact trading rules
1. An up fractal = a high with two lower highs on each side (confirmed, never repaints).
2. BUY when a bar closes 25+ points above the most recent up fractal.
3. SELL when a bar closes 25+ points below the most recent down fractal.
4. The 100 EMA filter blocks breaks taken against the prevailing direction.
5. Stop Loss = 1.8 x ATR, Take Profit = 3.2 x ATR, trailing stop enabled.
## 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` | `false` | Close early on opposite signal |
| `InpFractalLookback` | `60` | How far back to search for the last fractal |
| `InpBufferPoints` | `25` | Break confirmation buffer in points |
| `InpUseTrendFilter` | `true` | Require the 100 EMA to agree |
| `InpTrendEMA` | `100` | Trend filter EMA |
| `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` | `1.8` | Stop Loss = ATR x this |
| `InpTP_ATR` | `3.2` | 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` | `1.5` | 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` | `8850119` | Magic number - keep unique per chart |
| `InpTradeComment` | `PipFix FractalBreak` | 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 FractalBreak.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 FractalBreak** onto a **H1** chart of **GBPUSD**.
4. On the **Common** tab tick *Allow Algo Trading*.
5. On the **Inputs** tab press **Load** and select the settings file you downloaded, **PipFix_FractalBreak_GBPUSD_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_FractalBreak`, Symbol: GBPUSD, 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 FractalBreak v1.00
**Best conditions:** H1/H4 majors and gold. Fractal levels are also where most manual stop orders sit, which is why the breaks run.
**Breaks of the most recent confirmed swing high / swing low**
* Product name: `PipFixFractalBreak`
* File: `PipFix_FractalBreak.ex5`
* Category: Price action
* Default timeframe: H1
* Validated symbol: GBPUSD H1 (the only symbol walk-forward validated — see the measured result above)
* Magic number: 8850119
* 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 | **GBPUSD 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 | **2,598.95 USD** |
| Average monthly return | **0.97%** (compounded, over the 24 months) |
| Maximum drawdown | **8.85%** |
| Profit factor | **1.16** |
| Trades | 393 |
Full report, screenshots and the exact settings file: `Backtest/BACKTEST_RESULTS.md`
## 1. What this robot does
Fractals mark the exact swing highs and lows a discretionary trader would draw by hand, but with no subjectivity. The EA finds the most recent confirmed fractal above and below the market and trades the first close that breaks through one of them by a confirmation buffer.
## 2. Exact trading rules
1. An up fractal = a high with two lower highs on each side (confirmed, never repaints).
2. BUY when a bar closes 25+ points above the most recent up fractal.
3. SELL when a bar closes 25+ points below the most recent down fractal.
4. The 100 EMA filter blocks breaks taken against the prevailing direction.
5. Stop Loss = 1.8 x ATR, Take Profit = 3.2 x ATR, trailing stop enabled.
## 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` | `false` | Close early on opposite signal |
| `InpFractalLookback` | `60` | How far back to search for the last fractal |
| `InpBufferPoints` | `25` | Break confirmation buffer in points |
| `InpUseTrendFilter` | `true` | Require the 100 EMA to agree |
| `InpTrendEMA` | `100` | Trend filter EMA |
| `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` | `1.8` | Stop Loss = ATR x this |
| `InpTP_ATR` | `3.2` | 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` | `1.5` | 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` | `8850119` | Magic number - keep unique per chart |
| `InpTradeComment` | `PipFix FractalBreak` | 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 FractalBreak.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 FractalBreak** onto a **H1** chart of **GBPUSD**.
4. On the **Common** tab tick *Allow Algo Trading*.
5. On the **Inputs** tab press **Load** and select the settings file you downloaded, **PipFix_FractalBreak_GBPUSD_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_FractalBreak`, Symbol: GBPUSD, 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 FractalBreak v1.00
**Best conditions:** H1/H4 majors and gold. Fractal levels are also where most manual stop orders sit, which is why the breaks run.