GOLD TREND SCALPING EA MT4 – Full Input Settings Analysis

The Gold Trend Scalping EA is a fully automated trading program designed for the trading of the gold market (XAU/USD). It discovers main trends on higher time frames and executes trades on lower ones with higher accuracy. The EA uses a fixed stop loss of 100 pips and is designed with strong internal safety factors to provide proper risk management. Without using any risky method of trading, such as grids and martingales, it’s built for stable, consistent, and steady growth, without making the setup too intricate and complicated.

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Trading Time Settings

• StartHourMonday: 3
  Begin trading on Monday at 03:00 AM.
• StartMinuteMonday: 0
  Begin at minute 0 (i.e., exactly 03:00).
• StartHour: 10
  Trading starts every day at 10:00 AM.
• StartMinute: 0
  Begin at minute 0 (i.e., exactly 10:00).
• FinishHour: 23
  End trading at 11:00 PM.
• FinishMinute: 59
  End at minute 59 (i.e., 23:59).
• FridayCloseHour: 20
  On Friday, close EA at 8:00 PM.
• FridayCloseMinute: 55
  Close at minute 55 (i.e., 20:55).

Trade Settings

• Padding to top/bot (points): 10
  Keep buffer distance from high/low to avoid trading too close recent highs or lows.
• Max num of trades in a trend: 12
  At most 12 trades in a trend direction.
• Super trend timeframe: 1 Hour
  Use H1 timeframe to get the overall market trend.
• inp_order_type: BOTH
  Both Buy and Sell orders must be allowed.

Money Management

• Selected money management strategy: Use fixed volume of trade
  Use fixed lot size per transaction.
• Fixed volume per transaction (FIXED_VOL): 0.01
  All transactions begin with 0.01 lot.
• Fixed risk percent (FIXED_RISK): 1.0
  When using risk-based strategy, it risks 1% account on every transaction.
• Fixed amount of money (FIXED_MARGIN): 5.0
  Trade with fixed amount of money of 5 units if this strategy is selected.
• Auto scale volume: true
  Automatically scale volume of transaction based on account conditions.

Trailing Stop

• Trailing step (points): 10
  Step distance to relocate the stop loss in case trailing is activated.
• Trailing stop loss (points): 30
  Starting distance from the current price to the trailing stop.
• Start to trail (points): 230
  Trailing stop only acts after the trade turns profitable by 230 points (~23 pips).

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