GOLD EAGLE EA MT4 – Full Input Settings Analysis

Gold Eagle EA is a specially created Expert Advisor for the Forex market for trading the XAUUSD (Gold) currency pair. It employs a swing trading strategy optimized for market conditions when the market is flat and features the advanced TrendLine PRO indicator for trend scalping. It is a professional product for traders aimed at maximizing and improving the trading strategy.

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General Settings

• Lot Size Type: Auto – Automatically determines lot size depending on EA and balance of account.
• Minimum Lot Size: 0.01 – Starting lot size.
• Balance to Increase Auto Lot Size: 2,500 USD – Increases the lot size by 0.01 for each $2,500 increase in balance.
• Max Lot Size: 0.3 – Restricts maximum lot size to prevent over-risking.
• SMART #1 / #2: true – Turns smart entry optimization on for improved trades.

Manual Trading Settings

• Use GRID for Manual Trading: true – Enabling manual trades to be applied in the grid strategy.
• Take Profit for 1st Order: 250 pips – Take profit level for the first trade.
• Stop Loss for 1st Order: 0 – No Stop Loss to use on the first trade.
• Use Trailing Stop: false – Disabling trailing stop in order not to take profit automatically as the market develops.

Grid Settings

• Use Grid Indiction: true – Allows grid mode trading.
• Two-Way Trading: true – Both Buy and Sell directions can be traded by traders.
• Lot Size Multiplier: 1.8 – Doubles lot size for each subsequent trade (Martingale logic).
• Max Orders in a Series: 15 – Limits grid trades in a single series to 15.
• Step Between Orders (Points): 800 – Starting gap between orders.
• Step Multiplier: 1.5 – a multiplier of 1.5 is applied to each step in the initial order of the sequence.

Filter Settings

• Use Time Filter: true – Trades are only made within a specific time period.
• Signal Open Time: 04:00 – Signals begin to open at 4:00 AM.
• Signal Close Time: 22:00 – New signals are not opened after 10:00 PM.
• MA Filter: true – Uses a Moving Average filter to confirm trend.
• MA Timeframe: 1 Hour (H1) – Uses the MA filter in the 1-hour chart.
• MA Period / Method: 125, Exponential – Plotted as an Exponential Moving Average (EMA) of 125 periods.

News Filter

• Use News Filter: true – Enable the news filtering functionality.
• News Source: forexeaprotools.com – Automatically keeps trades from being opened near upcoming news events.
• Pause Before News: 30 minutes – Trading is paused 30 minutes before news releases.
• Pause After News: 30 minutes – Trading resumes 30 minutes after news events.