GOLDEN BULLS GOLD EA MT4 – Full Input Settings Analysis

Golden Bulls Gold EA excels with its sophisticated filtering of trading signals. Since it separates bad from good signals, the EA only attempts the best trading opportunities. The conservative decision-making limits market entries compared to other scalping robots in exchange for quality over the number of opportunities.

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Set up trading time

• Enable New Year Holiday: false
  Don’t enable New Year holiday mode (EA still trades during the New Year).
• Monday Trading: true
  Trading on Mondays is allowed.
• Trading Start (Enable): true
  Trading is enabled based on the following schedule.
• Start Trade Time: 01:00
  EA starts opening orders from 01:00 AM.
• Stop Trade Time: 23:58
  EA stops opening new orders at 11:58 PM.

Trailing Stop / Take Profit / Stop Loss

• Trailing Start: 50
  Activate trailing stop if profit reaches 50 pips.
• Trailing Stop: 10
  Stop loss to trail price by 10 pips.
• Trailing Step: 10
  SL will be shifted whenever price moves an additional 10 pips in profit direction.
• Stop Loss: 100
  Fixed Stop Loss of 100 pips.
• Take Profit: 0
  No fixed Take Profit — trailing stop can be used for taking profit.

Trading Specifications

• ST1 / ST2: true / false
  Signal 1 for strategy is enabled, signal 2 for strategy is disabled.
• BalanceForDay: 100.0
  Minimum balance daily to trade is 100.0 units (of currency).
• Grids GOLD 5: 200
  Grid distance of GOLD strategy #5 is 200 points (or 20 pips depending on broker).
• STEP: 20
  Step between orders is 20 pips.
• TrailingPosStep / Stop: 15 / 20
  Advanced trailing settings:
  • Trailing position step: 15 pips
  • Trailing stop distance: 20 pips
• GB H MODE: true
  “Golden Bulls H Mode” is activated — most likely one of the more sophisticated trading algorithms or volatility-based strategy module.

SR (Support/Resistance) Strategy

• MaxSR: 4
  EA checks a maximum of 4 support/resistance levels.
• StopLossSR: 10
  Stop Loss = 10 pips in the case of S/R-based trades.
• TakeProfitSR: 10
  Take Profit = 10 pips in the case of S/R-based trades.
• Distance: 100
  S/R levels distance = 100 points (or 10 pips due to broker’s point system).
• Rate: 10
  Risk ratio or coefficient, maybe to calculate risk per trade (the actual usage under the EA logic control).
• TrailingStartSR / StopSR / StepSR: 50 / 10 / 10
• Trailing stop settings in S/R strategy:
  • Start trailing after taking 50 pips profit
  • Maintain trailing stop of 10 pips
  • Move SL by each 10 pips
• ManualVolume: true
  Manually set fixed lot size is used, not calculated automatically.

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