GOLD CYPHER EA MT4 – Full Input Settings Analysis

GOLD CYPHER EA is an Expert Advisor for MetaTrader 4 that trades gold (XAU/USD). It uses advanced risk management tools to trade with precision. The EA’s strategy is based on breakouts of daily support and resistance levels, without using risky strategies like grid and martingale systems.

GOLD CYPHER EA product here

Trading Settings

• Magic: 5845 – Unique Magic Number to use EA’s orders.
• Lots: 0.15 – Initial order size.
• Mult: 1.33 – Order multiplication for subsequent orders.
• TP: 95 – Initial Take Profit in points.
• Last TP: 95 – Previous order’s Take Profit also at 95 points.
• SL: 0 – Stop Loss is not enabled (0 = SL disabled).
• PipStep / PipStep2 / PipStep3: 30 / 47 / 57 – Orders at every level are divided by this amount of points.
• MaxTrades: 19 – Amount of 19 trades in a martingale/grid cycle.
• Slip: 50 – Slippage maximum endured.

ATR & TimeFrame Filter

• ATR1 / ATR2: 1.4 / 3.05 – ATR range calculation parameters.
• TF: 15 Minutes – Operates on the M15 timeframe.
• CalPeriod: 14 – ATR calculation period.

Hedge Settings

• Use Hedge Logic: false – Disables Hedge function.
• Level to Open Hedge (% Balance): 25 – Open hedge trades if activated when floating loss reaches 25% account balance.
• Hedge Order Volume Multiplier: 95 – High volume multiplier on hedge orders.
• Hedge Take Profit: 450 – Take Profit on hedge trades (in points).
• Hedge Magic Number: 2106 – Unique Magic Number utilized for hedge trades.

Key Takeaways

• Trend-Following Strategy: The EA uses moving averages and multi-timeframe RSI to effectively track and ride trends in thephp Cena:.
• Trade Management: It comprises target levels and trailing stops to achieve the best trade outcomes.
• Personalizable Risk Management: Risk level is adjustable to accommodate individual decisions, helping to avoid accounts from being affected by extreme market volatility.