Traders Hub – XAUUSD Daily Breakout is an automated trading algorithm tailored for the gold market (XAUUSD) on the daily (D1) timeframe. It operates by analyzing the previous day's high and low price levels and placing breakout orders just above and below this range. When the price breaks out of the prior daily candle's range, the algorithm enters trades to capture momentum-driven directional moves.
Key features include:
- Breakout strategy based on the previous daily candle
- Exclusive focus on XAUUSD (gold)
- Fully automated trade execution
- Built-in risk management with a recovery mechanism that adjusts position sizes after losses to restore normal trading conditions
- Use of stop orders for entries
- Fixed lot risk model with a recommended minimum balance of $2,000
- Designed for day trading with medium trade frequency
- Backtested over a period from January 2025 to March 2026 using 500:1 leverage
The system aims to systematically capture price momentum in gold while managing risk through structured position sizing and stop-loss tools. It supports a single open position at a time and employs a martingale-based recovery strategy.