Blog
One Gold EA MT4 – Full Input Settings Analysis
One Gold EA is an innovative Expert Advisor (EA) that has been specially crafted to trade gold on the MetaTrader 4 (MT4) trading platform. It utilizes advanced neural network technologies and a neuroscanner-based methodology to precisely research past and present gold market information with high accuracy. One Gold EA is an innovative product that maximizes trading methods, makes trades automatically, and offers customizable trading modes like Intense or Conservative to meet the preferences and risk tolerance of traders.
Buy One Gold EA product here
Trading Modes & Risk Management
- Trading Mode: Conservative (Active)
- Recovery Strategy: Disabled – Martingale and recovery trading are turned off.
- Lot Sizing: Fixed – lot size is not adjusted based on account balance or equity.
- Take Profit: 120 pips
- Stop Loss: 400 pips (Risk:Reward ≈ 1:3.3)
- Trailing Stop & Breakeven: Disabled
- Trading Time Window: 16:00 to 13:00 (cross-session trading window)
- Intense Mode Settings (Preconfigured, Not Active)
- Recovery Strategy: Enabled – Martingale recovery with a 1.6x lot multiplier.
- Take Profit / Stop Loss: 240 pips / 1000 pips
- Trailing & Breakeven: Activated
- Trading Time Window: 16:00 to 15:59 (nearly 24-hour operation)
- Max Lot Limit:
- Conservative Mode: 1000 lots
- Intense Mode: 100 lots
- Risk Management Parameters
- Equity-Based Shutdown: EA will close all trades if equity profit or loss reaches 50%.
Trade Execution & Control
- Execution & Trade Control Settings
- Slippage Filter: 20 points (2 pips) – will not execute trades if slippage exceeds 2 pips.
- Maximum Spread: 200 points (20 pips) – will not execute trades if spread exceeds 20 pips; highly risky on trending markets.
- Trade Direction Mode: Both Buy and Sell Enabled – both buying and selling orders can be initiated by the EA.
- Order Execution Delay: 10 seconds – a 10-second delay is applied between each trade to avoid rapid re-entry.
- Magic Number: 1 – used to uniquely identify and process trades executed by this EA.
- Trade Comment: “One Gold” – added to each order for easy tracking and strategy recognition.
- Profit/Loss Management (Virtual TP/SL & Equity-Based Exit)
- Virtual TP/SL: Enabled – Take Profit and Stop Loss are handled virtually, which allows hidden exit levels invisible to the broker.
- Equity-Based Closure Triggers:
- Fixed Threshold: Close all trades if profit or loss is $500.
- Percentage-Based: Close all trades if equity gain or drawdown is 50%.
News Filter & Miscellaneous
- News Filter: Disabled – the EA continues to trade in all market conditions, including high-impact news events.
- Calendar Importance Setting: “High” – has no impact currently as the news filter is disabled.
- User Interface Panel: Enabled – displays live trade data and system status on the chart itself.
- Leverage Handling: Manual – the EA does not auto-adjust account leverage. The user must manage risk settings according to their broker’s leverage setting.