Fortune AI EA V1.68 MT5

Introduction

Fortune AI EA V1.68 MT5 is an automated breakout Expert Advisor designed primarily for XAUUSD on MetaTrader 5. It identifies potential breakout and breakdown zones based on recent market structure and manages each trade using a user-defined risk percentage. Every position includes predefined Stop Loss and Take Profit levels. The system follows a single-entry approach and does not use grid, martingale, averaging, or recovery stacking methods.

Key Features

• Market-structure based breakout and breakdown detection
• Single-entry trading with no grid or martingale
• User-defined risk percentage for position sizing
• Predefined Stop Loss and Take Profit on every trade
• Max Spread filter with option to disable the cap
• Pending order management with automatic rescan when spread normalizes
• Optional Break-Even and Trailing Stop
• Optional Closing Candle Confirmation and Early Adverse Excursion Protection
• Live dashboard showing status, spread, and trade information
• Available for both MT4 and MT5 platforms

Recommended Settings

Pair: XAUUSD
Timeframe: H1 (official recommendation). The EA can also be tested on M15, but lower timeframes may increase trade frequency and noise, so thorough testing is required.
Risk: Start with a conservative risk percentage based on your account size and tolerance.
Spread Filter: Use the default or adjust according to your broker’s typical XAUUSD spread. Setting Max Spread to 0 disables the filter.
Optional filters (Closing Candle Confirmation and Early Adverse Excursion Protection) are off by default and can be enabled after testing.
A reliable VPS is recommended for stable 24/5 operation.

Advantages

• Clear single-entry structure with fixed Stop Loss and Take Profit
• No high-risk recovery methods such as grid or martingale
• User-controlled risk percentage for flexible position sizing
• Reduced need for constant chart monitoring once configured
• Transparent trade management and dashboard visibility
• Free demo available for testing before purchase

Disadvantages

• Periods of low or no trading activity when clear breakout setups are absent
• Performance depends on broker spread, slippage, and execution quality
• Drawdowns can still occur during consecutive losing trades or strong adverse moves
• Requires proper risk configuration and ongoing monitoring
• Lower timeframes such as M15 may introduce more noise and require careful validation
• Results from backtests or live signals do not guarantee future performance

Support & Disclaimer

Support:

If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:

Telegram Group:  Join our community

Disclaimer:

Forex and gold trading involve risk. Past performance doesn’t guarantee future results. Always test robots on demo before live trading and use proper risk management.