Volatility · EA-202 · v1.0.0
PipFix Keltner Break
Close outside a Keltner channel while the channel is still widening
Backtest
XAUUSD · H4 · 2024-09-01 to 2026-09-01
- Net profit
- $3,586
- Profit factor
- 1.79
- Relative drawdown
- 6.95%
- Trades
- 94
- Win rate
- 0.00%
- Modelling quality
- 98%
Test conditions. Symbol XAUUSD, timeframe H4, 2024-09-01 to 2026-09-01, initial balance $10,000, spread , modelling quality 98%. Past results do not predict future results.
Publish gate
| Criterion | Measured | Needs | Result |
|---|---|---|---|
| Closed trades ≥ 80 | 94 trades | >= 80 | Pass |
| Profit factor ≥ 1.15 | 1.790 | >= 1.15 | Pass |
| Relative drawdown ≤ 25% | 6.95% | <= 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
The EA and its set file are free. You just need to be signed in. There is no payment, no checkout and no licence for anything in this library. An account exists so downloads can be rate limited, and so you can be told when an EA you have taken is updated.
Waiting behind the sign-in: ea.ex5 · xauusd.set
Limitations
Two years of history is a short test. The settings were chosen on 2024-09-01 to 2025-09-01 and checked on 2025-09-01 to 2026-09-01, which the EA had no part in selecting; that second year made +1931.51 across 44 trades. It is tuned to XAUUSD on H4 and should not be assumed to transfer to other markets or timeframes without testing. Past results do not predict future results.
How it works
KeltnerBreak
Tested on XAUUSD H4, 2024-09-01 to 2026-09-01, on a 10,000 account risking 1% per
trade with real spread. 94 closed trades, profit factor 1.79, maximum
drawdown 6.95%.
The second half of that window was never used to choose the settings. It made
+1,931.51 on its own across 44 trades, which is the only part of the
result worth much.
## Install
1. Open MetaTrader 5 and choose File > Open Data Folder.
2. Copy `ea.ex5` into `MQL5\Experts` and rename it if you like.
3. Copy the `.set` file into `MQL5\Presets`.
4. Restart MetaTrader 5, or right-click Expert Advisors in the Navigator and
choose Refresh.
5. Open a XAUUSD chart on H4, drag the EA on, and load the `.set` file from
the Inputs tab.
6. Enable Algo Trading.
## What it does and does not do
No martingale. No grid. It never adds to a losing position, holds one position
at a time, and every trade carries a real stop loss.
It was tuned on one year and checked on the next. Two years is a short test and
a backtest is not a promise - run it on a demo account before it sees real
money.