๐งฉ What is Gold King AI MT5?
Gold King AI is an automated trading robot designed for XAUUSD (Gold) on MetaTrader 5. Based on the settings shown, this EA follows a pending order breakout strategy enhanced with dynamic lot escalation, trailing stop management, and time-based trade filters. The configuration reflects a high-risk, aggressive trading profile, suitable only for experienced traders.
๐งฉ Risk Settings Analysis
โก๏ธ Lot Sizing Method
- Fixed lot size
- The EA uses a predefined lot size rather than balance-adaptive risk.
- โ Simple and predictable
- โ Risk does not scale automatically with equity
โก๏ธ Fixed Lot Size
- 0.01 lot
- Conservative starting position size.
- โ Suitable for small accounts
- โ Becomes dangerous when combined with aggressive lot multiplication
โก๏ธ Lot Increase Factor After Loss
- 5.0
- Multiplies lot size by 5 after a losing trade.
- โ Extremely aggressive
- โ High risk of rapid drawdown
- โ Typical safe values range between 1.2 โ 2.0
โก๏ธ Maximum Lot Size
- 15.0 lots
- Very high exposure cap.
- โ Unsafe for most retail accounts
- โ Can cause margin calls in volatile Gold markets
โก๏ธ Risk-Based Lot Section (Inactive)
- Initial risk: 2.0%
- Risk increase after loss: 5.0
- Maximum risk per trade: 10%
- โ These values would be aggressive if enabled
- โ Currently ignored due to fixed lot mode
๐งฉ Bot Settings Analysis
โก๏ธ Pending Order Distance
- Buy Stop: 20 points above high
- Sell Stop: 10 points below low
- โ Designed to catch short-term breakouts
- โ Suitable for Goldโs intraday volatility
โก๏ธ Take Profit
- 500 points
- Large profit target.
- โ Allows trades to capture strong Gold moves
- โ Lower win rate expected
โก๏ธ Stop Loss
- 500 points
- 1:1 risk-to-reward ratio.
- โ Balanced structure
- โ Combined with lot escalation, losses can compound quickly
โก๏ธ Trailing Stop
- Enabled
- Activation at 90 points
- Step size: 50 points
- โ Helps lock in profits during trends
- โ Reduces reliance on fixed take profit
โก๏ธ Breakeven Function
- Disabled
- โ Missed opportunity to reduce risk
- โ Prevents premature stop-outs in volatile conditions
โก๏ธ Maximum Allowed Spread
- 40 points
- โ Prevents trading during extreme spread widening
- โ Slightly high for Gold during news events
๐งฉ Time Settings Analysis
โก๏ธ Time Offset for Pending Orders
- 3
- Adjusts EA behavior to broker server time.
- โ Important for breakout strategies
โก๏ธ Trading Days
- Monday to Friday: Enabled
- โ Continuous weekly exposure
- โ Friday trading increases weekend gap risk
- โ Many Gold EAs disable Friday trading for safety
๐งฉ Extra Settings
โก๏ธ Show Panel
- true
- Displays EA information on the chart.
- โ Improves transparency and monitoring
โก๏ธ Trade Comment
- โGold King AIโ
- โ Easy identification in account history
โก๏ธ Magic Number
- 690490
- โ Prevents conflicts with other EAs
- โ Essential for multi-EA trading environments
๐งฉ Strengths of This Configuration
โ
Breakout-based Gold trading logic
โ
Trailing stop enabled for profit protection
โ
Spread filter active
โ
Chart panel enabled
โ
Small initial lot size
๐งฉ Major Risks & Weaknesses
โ Extremely aggressive lot increase factor (5.0)
โ Very high maximum lot size (15 lots)
โ No breakeven protection
โ Trades on Fridays (gap risk)
โ Fixed lot mode ignores account balance changes
๐งฉ Final Conclusion
The Gold King AI MT5, based on the settings shown in the image, is configured as a high-risk breakout trading system for Gold (XAUUSD). While it starts with a small lot size of 0.01, the aggressive lot multiplication after losses (ร5) and maximum lot cap of 15 lots significantly increase the probability of deep drawdowns or account blow-ups, especially in ranging or news-driven markets.
This configuration is not suitable for beginners or for use on funded/prop firm accounts without serious risk adjustments. To improve safety and long-term sustainability, traders should consider:
- Reducing lot increase factor to โค 2.0
- Lowering maximum lot size
- Enabling breakeven logic
- Disabling Friday trading
- Switching to balanced risk-based lot sizing
๐ Overall Rating: โญโญโญโญโ (4/5)
๐ Best For: Experienced Gold traders, high-risk strategies, testing on cent or demo accounts
