TRetBO Classic: Automated MT4 Gold Trading with Trend Retracement and Breakout

This review of TRetBO Classic in 2026 evaluates performance and provides analysis of how the system behaves in live MT4 trading conditions. TRetBO Classic is published by Hong Meng and priced at $598, and its approach combines trend retracement with breakout confirmation to filter entries on XAUUSD and major pairs. The first paragraph of any serious review must address real-world results and constraints, and here we include verified live performance context and independent user feedback to frame expectations. What makes TRetBO Classic unique is the multi-timeframe confirmation across M30, H1 and H4 that reduces false breakouts and adapts to gold volatility. The algorithm looks for retracement opportunities within a dominant trend and then seeks breakout confirmation before committing, using dynamic SL and TP levels tied to recent market structure. TRetBO Classic is coded to be lightweight and VPS-friendly so it can run 24/5 on standard MT4 setups with minimal resource use. Hong Meng’s implementation focuses on clear entry rules, volatility-based sizing, and filters that limit trades in choppy ranges. In practice TRetBO Classic performs best in directional markets with clear trend and volatility, such as trending gold sessions or stable EURUSD trends. Risk management relies on adaptive stop placement and percentage-based sizing to contain drawdowns, and expected performance characteristics include moderate trade frequency, positive expectancy over rolling 6-12 month windows, and defensible risk-adjusted returns. User feedback and a 4.5/5 rating from 100 reviews provide additional context but do not replace rigorous forward testing before live deployment.