GoldBreakM15Long is a precision-engineered, long-only momentum breakout cBot built exclusively for XAUUSD on the M15 timeframe. Developed for traders who demand structured, rule-based execution with no ambiguity - every trade enters with a reason, and exits with a plan.

🎯 What This Bot Does

GoldBreakM15Long identifies high-probability bullish breakouts on Gold by requiring simultaneous confirmation from five independent technical layers before committing to a position. This multi-layered confluence approach dramatically reduces false breakouts and ensures the bot only trades when the market structure, momentum, and money flow are all aligned.

This is not a grid strategy. Not a Martingale system. Not a hedging bot.
Every single trade carries a predefined Stop Loss and Take Profit - no open-ended exposure, ever.

⚙️ Strategy Logic

The entry signal fires only when all of the following conditions are met simultaneously:

• Keltner Channel Breakout - Price closes above the upper band (EMA + ATR multiplier), confirming a structural momentum shift
• WaveTrend Signal Line > 0 - Ensures the breakout occurs in bullish WaveTrend territory, filtering counter-trend noise
• Money Flow Index (MFI) > Threshold - Confirms genuine buying pressure backs the move, not a low-volume spike
• ATR Expansion Filter - ATR must be expanding relative to its baseline, confirming that momentum is present and not exhausted
• CCI Above Dynamic Upper Band - CCI must exceed its own SMA + StdDev band, requiring momentum confirmation from a second oscillator
• Big-Move Exhaustion Guard - Filters out entries after large parabolic moves that are statistically prone to reversal

All six conditions must be true at the same time. A weaker signal from any single indicator is never sufficient.

🛡️ Risk Management

Risk is managed at three independent levels:

Per-Trade Risk

• Risk-based position sizing — lot size is calculated dynamically as a percentage of current account equity (not balance), so floating losses on open positions automatically reduce the next entry size
• Fixed lot mode available as an override
• Spread is factored into the risk calculation — the true cost of entry is always reflected in position size
• Minimum volume floor detection — if broker minimum volume would cause actual risk to exceed 1.5× the target, the trade is automatically skipped

Intraday Protection

• Daily equity drawdown limit - blocks new entries once intraday equity drops a configurable percentage below the day's opening equity
• Uses Account.Equity (not Balance), so unrealized losses on open positions count toward the daily limit in real time

Account-Level Protection

• Peak-to-trough total drawdown limit - halts new entries permanently once equity falls a configurable percentage below its all-time peak
• The equity watermark is persisted to disk across restarts, so rebooting the bot does not silently reset the drawdown counter

📐 Trade Execution & Exit Logic

Stop Loss is placed at the nearest confirmed pivot low minus an ATR buffer - a structural stop, not an arbitrary pip distance. When no valid pivot is found, an ATR-based fallback (SlMultiplier × WidthFactor × ATR) is used automatically.

Take Profit is set at a configurable Reward:Risk multiple from the entry price. An optional TP Boost (×1.2 by default) applies when the entry bar is a wide-range impulse candle and the fast EMA has been rising for three consecutive bars - capturing stronger momentum moves with a proportionally wider target.

Break-Even moves the Stop Loss to entry + a pip buffer once price reaches a configurable percentage of the distance to Take Profit, locking in the trade for free.

SL and TP are applied to the actual fill price, not the bar close - eliminating the slippage divergence that occurs when stops are calculated from pre-fill prices.

All ModifyPosition calls are single-attempt with no blocking sleeps. If SL/TP modification fails, the position is immediately closed - the bot never leaves an unprotected trade open.

🔒 Additional Safeguards

• Spread filter - skips entries when the live spread exceeds a configurable threshold (default 3.5 pips), protecting against news spikes and rollover periods
• Cooldown bars - minimum bar count between consecutive entries, preventing re-entry chasing immediately after a close
• One position at a time - no pyramiding, no stacking
• Full startup parameter log - every live run and backtest records its exact configuration to the cTrader log for audit and reproducibility
• Position close event logging - every SL hit, TP hit, and manual close is logged with realised P&L, hold time, and equity snapshot

📋 Recommended Setup

SettingValue

Symbol

XAUUSD

Timeframe

M15

Minimum Account

$1,000 (starting at 0.01 lot)

Recommended Leverage

1:50 or higher

Risk Per Trade

1 - 3%

Broker Type

ECN/Raw Spread

✅ What This Bot Is NOT

• ❌ No Grid
• ❌ No Martingale
• ❌ No Hedging
• ❌ No averaging down
• ❌ No open-ended trades without SL/TP

Backtested over multiple years - screenshots include 6-month and 3-month results with accurate tick data, P&L in USD per 1 lot.

⚠️ Risk Disclaimer

Trading involves significant risk. Past performance - in backtests or live results - does not guarantee future returns. This cBot does not guarantee profits. Test thoroughly on a demo account before deploying on a live account. Adjust risk parameters according to your personal risk tolerance and account size. This is not financial advice.

🏷️ Promotional pricing is available for the first 5 buyers only. Once those slots are taken, the price returns to its standard rate. If you're seeing this price, the offer is still active - act accordingly.