GOLDEN BUFFALO EA MT4 – Full Input Settings Analysis

Golden Buffalo EA is an XAUUSD trading Expert Advisor. The EA uses both reversals of short-term trends and candle forms to determine the best entry points. This EA, unlike grid or martingale systems, opens one order at a time and places both stop-loss (SL) and take-profit (TP) in order to manage risks. It saves the capital and aims for long-term stable returns and is thus a perfect choice for risk-averse traders.

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EA input configuration

• Magic Number: 100797
  A unique number to distinguish this EA’s trades from other EAs’ trades.
• Max Slippage: 50
  Max slippage may be 50 points (or 5 pips if 1 point = 0.1 pip).
• Trading System: 1:2:3
  Likely a reference to a 1-2-3 pattern of price movement to identify trend reversals.
• Time Frame: 1 Day
  Analysis time frame is established at Daily (D1).
• Technical: 10.0
  A trend analysis sensitivity parameter (i.e., subject to EA documentation).
• Range: 20.0
  Price volatility metrics; are usable for range detection as well as breakout detection.

Take Profit / Stop Loss Settings

• TP Gap (pip): 400
  Take Profit is 400 pips from entry position (~4000 points if the broker uses 10 points = 1 pip).
• SL Gap (pip): 100
  Stop Loss is 100 pips below the entry point.
• Volume Init: 0.0
  Initial lot size is 0.0, i.e., it can be automatically determined or is based on AutoLot settings.

Trailing Stop Settings

• Trailing Stop (pip): 50
  Trailing Stop is activated after the price has moved 50 pips in the favorable direction.
• Trailing Step (pip): 10
  Once trailing is initiated, the Stop Loss is moved every 10 pips as the price continues to move in profit.
• Trailing Point (pip): 5
  Most likely is the nearest minimum distance between current price and the Stop Loss while trailing.

Key Takeaways

• Interest Rate-Based Trend Analysis: The model utilizes interest rate data, i.e., the Fed rate, to forecast the direction of the XAUUSD pair.
• Professional Risk Management: With an automated integrated Stop Loss (SL) and Take Profit (TP) facility to protect trading accounts.
• Mid-Session Hours Trading: Analyzes times of above-average trading during the day to capitalize on significant price movements.
• Swap Fee Reduction System: Wednesday shifts for Wednesday extra-overnight fees in order to cut swap cost.
• Smart Buy/Sell System: Allows for buy and sell trades with flexibility of strategy of trading.
• Integrated Signal System: Provides four distinct trade signals to assist users in making a well-informed decision based on the state of the market.

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