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Fortune EA MT5 MQ5 (Source Code)
$17
Fortune EA MT5 MQ5 Source Code is an automated MetaTrader 5 Expert Advisor designed for H1 XAUUSD (Gold) breakout trading.
Featuring open MQL5 source code with complete rebranding rights, it operates on a clean single-entry model with user-defined percentage risk, predefined Stop Loss/Take Profit, and zero grid or martingale recovery mechanisms for systematic quantitative trading.
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Description
Description
| Category | MT5 Expert Advisors, Source Code |
|---|
Fortune EA MT5 MQ5 is an automated Expert Advisor source code engineered natively for MetaTrader 5, specializing in quantitative Gold (XAUUSD) breakout and breakdown strategies.
Operating on a disciplined single-entry model, the system identifies key market-structure levels on the H1 timeframe, opening selective trades with hardcoded Stop Loss and Take Profit protection.
Fortune EA MT5 MQ5 (Source Code) — Professional XAUUSD Breakout Engine
By delivering uncompiled MQL5 source code (MQ5), the EA provides 100% operational transparency and flexibility—granting developers, proprietary traders, and quantitative vendors full freedom to inspect algorithms, perform custom modifications, rebrand the software, or commercialize the system under their own brand.
Unrivaled Advantages of Open MQ5 Source Code Ownership
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100% White-Label & Rebranding Freedom: Complete rights to modify copyright headers, rename the Expert Advisor, adjust interface elements, and commercialize or distribute the software under your own brand identity.
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Full Algorithmic Transparency: Zero black-box risks. Every line of breakout detection logic, risk module calculation, and exit condition is fully accessible and auditable.
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Infinite Customization & Integration: Freedom to adapt breakout rules, integrate custom technical indicators, build proprietary news filters, or connect external APIs directly inside the MQL5 code.
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Unrestricted Lifetime Deployment: Deploy across unlimited MetaTrader 5 terminals, broker environments, and prop-firm challenge accounts without DLL dependencies, hardware locks, or licensing keys.
Core Philosophy & Architectural Highlights
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Market-Structure Breakout Logic: Analyzes recent price behavior on XAUUSD to detect true structural breakout and breakdown zones, entering only when confirmed conditions align.
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Clean Single-Entry Execution: Executes one trade at a time with defined risk, completely eliminating dangerous recovery models such as grid stacking, martingale multipliers, averaging down, or position accumulation.
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User-Defined Percentage Risk: Dynamically calculates position exposure based on account equity and user-selected risk percentages per setup (e.g., 2% risk on a $500 balance equals approximately $10 exposure).
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Predefined Hard SL & TP: Every executed position immediately deploys with hard Stop Loss and Take Profit levels, ensuring transparent risk-to-reward management.
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Selective High-Quality Trading: Designed for quality over frequency. The system remains inactive during sideways markets, false breakouts, or periods lacking momentum.
Technical Specifications & Recommended Setup
| Parameter | Specification / Recommended Setting |
| Platform | MetaTrader 5 (MT5) |
| Supported Instrument | XAUUSD / GOLD |
| Recommended Timeframe | H1 (1 Hour) |
| Source Code Format | Open MQ5 File (Editable, Rebrandable, White-Label Ready) |
| Minimum Balance | $250 – $500 USD (ECN / RAW Spread Account recommended) |
| Execution Architecture | Single Position / Non-Grid / Non-Martingale |
| Account Mode & Type | Hedging / Low-Spread ECN |
| Infrastructure | Continuous 24/5 Low-Latency VPS (Virtual Private Server) |
Key External Input Parameters
1. Strategy & Risk Management
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Risk Percentage per Trade: Configures dynamic lot sizing based on account equity percentage (e.g., 1% – 2%).
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Fixed Lot Mode: Optional override to use static lot sizes instead of dynamic risk scaling.
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Max Allowed Spread: Sets a spread filter ceiling to block execution during high-volatility spread expansion.
2. Structure & Exit Parameters
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Breakout Sensitivity: Adjusts lookback periods and structural buffer distances for breakout validation.
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Predefined Stop Loss (Points): Hardcoded downside protection distance applied upon order execution.
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Predefined Take Profit (Points): Target profit exit distance.
Overview & Operational Summary
Fortune EA MT5 MQ5 Source Code provides a clean, systematic breakout framework for automated Gold trading on MetaTrader 5.
Combining raw MQL5 source code access with disciplined single-entry trade management, customizable percentage risk, and strict non-martingale protection, the system serves as an ideal white-label foundation for quantitative traders, developers, and vendors.
