Hello Traders,
I?m excited to introduce Hunter ProGold, an Expert Advisor built for trading Gold (XAUUSD) on the H1 timeframe in MetaTrader 4.
⚡ Strategy Overview
Hunter ProGold combines Inside Bar Breakouts with the Daily Open Price filter for higher accuracy:
Buy when price is above the daily open and breaks the inside bar high.
Sell when price is below the daily open and breaks the inside bar low.
Stops and targets are calculated dynamically, with options for fixed TP1 & TP2.
This ensures trades align with market direction and avoid false breakouts.
Trade Management Features
✔ BreakEven Stop Loss ? lock profits after X pips
✔ Jumping Stop ? move SL in steps as price advances
✔ Classic Trailing Stop Loss ? customizable
✔ Candlestick Trailing Stop ? follow previous candle?s high/low
✔ Hidden SL/TP ? keep exit levels invisible to the broker
✔ Multiple Take Profits ? flexible exit management
EA Settings
Timeframe: H1
Currency Pair: XAUUSD (Gold)
Lot Size (default): 0.10
Platform: MT4 only
Trading Hours: Configurable morning & evening sessions
Backtest Results (2024.06.26 ? 2025.06.25)
Initial Deposit: $2,000
Net Profit: $10,351.27
Profit Factor: 1.18
Total Trades: 7,844
Win Rate:
Shorts: 96.45%
Longs: 92.29%
Max Drawdown: 23.12%
Largest Profit Trade: $984.50
Largest Loss Trade: -$133.39
Equity curve shows steady and consistent growth over the test period.
(See attached Strategy Tester Report screenshot)
I?d love to hear feedback from the community. Feel free to test Hunter ProGold on demo or live and share your results!
Happy Trading & Green Pips! ✨
Linkback: https://www.forex.zone/mt4-mt5-eas/7/hunter-progold-ea-inside-bar-breakout-system-for-xauusd-mt4/4780/
