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TRADEPILOT GOLD EA MT4 – Full Input Settings Analysis
TradePilot Gold EA-a very advanced Expert Advisor for the MetaTrader 4 platform, perfectly fitting for funded and individual accounts management. It uses a single entry scalp with a focus on XAUUSD (GOLD) pairs and has an impressive success rate of 86%, without using any Martingale or Grid methods. There is no strict minimum deposit required for the EA, only enough margin for a 0.01 lot trade. It is one-of-a-kind in its method of price action scalping, and it integrates trailing stop loss and take profit mechanisms to better manage risks and optimize profits.
Buy TRADEPILOT GOLD EA product here
Main Settings
- Risk per trade %: 0.0 → Not calculated by account %
- Risk per trade $: 0.0 → No fixed USD risk limit
- Fixed Lot: 1.0 → Each order = 1 lot
- Maximal Trade Length: 60 → Maximum duration per trade (minutes or hours, depending on EA setting)
- X pips = Y SL: 5 → Pip-to-SL conversion ratio
- Fixed SL: 0.0 → No fixed stop loss applied
- Max SL (in pips): 100 → Maximum stop loss = 100 pips
- Fixed TP: 100.0 → Fixed take profit = 100 pips
- Maximum Trades per Day: 3 → Max 3 trades daily
- Magic Number: 999183 → Unique EA trade identifier
Partial Close & Trailing Stop
- Partial Close: false → Not enabled
- % Close: 50% (if enabled) → Closes half of position
- Pips to Close: 3 pips (if enabled)
- Use Trailing SL: true → Trailing stop active
- Trailing Lock Profit: 12.0 pips → Locks profit at +12 pips
- Trailing SL (Slippage): 2.0 → Slippage allowed on trailing stop
- Use Breakeven: false → Disabled
- Breakeven Start: 30 pips (if enabled) → Move SL to breakeven at +30 pips
- Breakeven Step: 3 pips
Session Settings
- Tokyo Session: false → Disabled
- London Session: true → Enabled
- New York Session: true → Enabled
- Trading Hours:
- Tokyo: 20:00 – 04:00
- London: 08:00 – 11:00
- New York: 14:00 – 18:00
- → EA mostly trades during London & New York sessions.
Prop Firm Settings
- Automated Risk Management: false → Disabled
- Max Daily DD: $2,000 → Maximum daily loss allowed
- Minimum Balance: $7,500 → Minimum balance required (e.g., with $10,000 account and $2,500 MaxDD)
- Target Balance: $12,500 → Profit target +$2,500 (25% gain)
- Equity SL: $500 → EA closes if equity drops an additional $500