TL;DR: I commerce solely BQS ≥ 80, then goal for a fast +$0.5 scalp on XAUUSD M5.
I’ve been buying and selling breakouts for a very long time, and one lesson retains repeating itself:
Most losses come from “forcing” trades.
Not from the setup itself.
So I constructed a small device to maintain me trustworthy.
What’s BQS?
Breakout High quality Rating (BQS) is an MT4 indicator that charges breakout power from 0 to 100 and reveals it immediately on the chart as easy numeric labels, plus a compact HUD within the bottom-left. MQL5
The concept is to not predict the longer term — it’s to filter out the weak breakouts and react solely when momentum seems to be clear.
My “no-greed” workflow (the entire level)
I personally use BQS like this:
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Solely listen when the rating is 80+
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If I take the commerce, I deal with it as a fast momentum scalp
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On XAUUSD, a small goal like round +$0.5 is commonly sufficient
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I keep away from holding for giant strikes (that’s normally the place hassle begins)
This method gained’t catch each large pattern — but it surely’s surprisingly good for constructing consistency and lowering emotional choices.
Screenshot (instance)
Really helpful setup (straightforward mode)
If you wish to take a look at it shortly:
BQS additionally has a Preview rating (“if breakout occurs now”) which is beneficial to arrange early — however I nonetheless attempt to be selective and never chase the whole lot.
Necessary be aware (threat)
Breakouts can fail, particularly round information spikes or sudden reversals.
BQS isn’t monetary recommendation and it doesn’t assure outcomes. Use threat administration and take a look at on a demo account first.
In case you take a look at it, begin with the default settings (XAUUSD M5, N=80, PassScore=80).
