Structure-aware breakout entries
Identifies meaningful XAUUSD breakout levels from market structure instead of mechanically using only the latest high or low.
MT4 EDITION · XAUUSD · VERSION 2.3
Breaksmith MT4 combines structure-aware entries with adaptive stop protection, dynamic trailing and intelligent exit management. Built for traders who continue to use MetaTrader 4 and its native MQL5 Market installation workflow.
Checkout, licensing, activations and downloads are handled by the official MQL5 Market.
PURPOSEFUL AUTOMATION
Breaksmith focuses on disciplined execution and transparent risk controls rather than recovery techniques that can conceal exposure.
Identifies meaningful XAUUSD breakout levels from market structure instead of mechanically using only the latest high or low.
Every position begins with a stop loss, supported by adaptive logic designed to respond to changing gold volatility.
Progressively protects open profit while allowing stronger breakouts room to continue developing.
Monitors whether an active breakout still justifies continued exposure as market behaviour changes.
Includes Conservative, Balanced, High-Risk and fixed-lot sizing choices so exposure can match the trader's plan.
Can pause live entries around configured high-impact economic events when the news filter is enabled.
EVIDENCE WITH CONTEXT
The published Balanced Mode summary covers 2020-2026 and displays a $500 starting balance, $2,890.45 profit, 12.67% maximum balance drawdown and 14.17% maximum equity drawdown. These are hypothetical test figures, not a forecast.
Read the methodology and limitations →
RECOMMENDED START
Symbol names, contract sizes, spreads, minimum lots and execution conditions vary. Use the MQL5 demo and begin with conservative exposure before making any live decision.
Open the official MT4 listingConfirm that your trading terminal is MetaTrader 4; the two products are licensed separately.
Use your broker’s Gold symbol and confirm its contract specifications before testing.
Start with Conservative Mode or a controlled fixed lot and evaluate behaviour over sufficient time.
USING METATRADER 5?
The core Breaksmith approach is available on both platforms, but each edition is a separate MQL5 product with its own installer and license.
BUYER QUESTIONS
Confirm the platform, testing expectations and risk approach before purchasing.
Yes. This page covers Breaksmith MT4, the edition created for MetaTrader 4. The MT4 and MT5 editions are separate MQL5 Market products, so purchase the version that matches your installed platform.
Yes. The official MT4 listing provides a free demo. Test with the broker, XAUUSD symbol name and account conditions you intend to use before considering live deployment.
No. Breaksmith does not use martingale, grid trading, unlimited averaging or recovery lot multiplication. Every trade is opened with a defined stop loss.
No. Backtests are hypothetical and cannot guarantee future results. Broker data, spreads, execution, slippage and future market conditions can materially change outcomes.
OFFICIAL MQL5 MARKET
Use the free demo first, then purchase through MQL5 if the product and risk profile suit your requirements.
Trading foreign exchange and precious metals involves substantial risk and may not be suitable for every investor. Leverage and aggressive position sizing can produce rapid losses, including the loss of the entire trading balance. Backtests, simulations and historical results do not guarantee future performance. Demo testing, adequate capitalisation, conservative settings and continuous monitoring are strongly recommended before live use.