๐งฉ What is Gold Stallion EA?
This review provides an in-depth analysis of the Gold Stallion EA for MT4, a trading robot designed mainly for Gold (XAUUSD) using a grid + martingale recovery logic combined with profit basket management. The parameters shown in the image indicate a setup focused on controlled trade frequency with aggressive recovery potential.
๐งฉ Lots Panel โ 0.01
Description:
Lot size displayed or managed via the EAโs panel.
Analysis:
- Very small lot size
- Suitable for small or medium trading accounts
- Reduces initial exposure when trades begin
Risk Level: โญโโโโ (Low)
๐งฉ LotsAdd Panel โ 0.01
Description:
Additional lot increment controlled by the panel.
Analysis:
- Keeps manual or semi-automatic adjustments minimal
- Helps maintain consistency in risk allocation
๐งฉ Starting Lot โ 0.01
Description:
Initial trade volume when the EA opens the first position.
Analysis:
- Conservative starting size
- Ideal for volatile instruments like Gold
- Allows the grid system to build gradually
๐งฉ Multiplier / Set to 1 for Flat Lot โ 1.5
Description:
Martingale multiplier for increasing lot sizes in recovery trades.
Analysis:
- 1.5 is a moderate martingale factor
- Balances recovery speed and margin safety
- Less aggressive than classic martingale (2.0+)
Suitability:
โ Medium-risk traders
โ Not ideal for very small leverage accounts
๐งฉ Stop Loss (Pips) โ 9999.0
Description:
Maximum stop loss per trade.
Analysis:
- Effectively no real stop loss
- EA relies on grid, averaging, and basket closure
- High floating drawdown possible during strong trends
โ Critical Risk Note:
No hard stop loss means account safety depends entirely on equity and margin.
๐งฉ Max Lot Martingale โ 1.6
Description:
Maximum lot size allowed by the martingale system.
Analysis:
- Prevents unlimited lot escalation
- Adds a basic risk cap
- Still risky under prolonged adverse trends
๐งฉ Distance in Pips Between First 4 Trades โ 50.0
Description:
Spacing between the first four grid trades.
Analysis:
- Wide spacing reduces early trade clustering
- Suitable for Goldโs volatility
- Helps control drawdown in the initial phase
๐งฉ Distance in Pips Between Trades โ 200.0
Description:
Grid distance after the first four positions.
Analysis:
- Very wide grid
- Indicates low trade frequency
- Strongly reduces margin pressure
Advantage:
โ Better survivability in trending markets
๐งฉ Strategy A โ Minimum Profit in Money โ 4.0
Description:
Minimum basket profit (in account currency) to close Strategy A trades.
Analysis:
- Ensures trades close only with meaningful profit
- Helps cover spread, commission, and swap costs
๐งฉ Strategy B โ Minimum Profit in Pips โ 50.0
Description:
Minimum profit target in pips for Strategy B.
Analysis:
- Large TP target
- Designed for swing or extended moves
- Fewer but higher-quality trade closures
๐งฉ Max Sells โ 10.0
Description:
Maximum number of sell orders allowed.
Analysis:
- Caps downside exposure
- Limits grid expansion in bearish conditions
๐งฉ Max Buys โ 10.0
Description:
Maximum number of buy orders allowed.
Analysis:
- Same protection logic as Max Sells
- Helps preserve margin during bullish trends
๐งฉ Overlap After X Trades (First 4 Do Not Count) โ 2.0
Description:
Allows overlapping strategies after 2 additional trades.
Analysis:
- Enables faster basket recovery
- Increases complexity and risk
- Used to accelerate breakeven
๐งฉ Close All When Loss Is Greater Than โ -10000.0
Description:
Emergency equity stop for closing all trades.
Analysis:
- Extremely wide threshold
- Acts only as a last-resort protection
- Ineffective for small or medium accounts
๐งฉ Pause EA If Trades Are More Than X โ 9.0
Description:
Temporarily pauses the EA when trade count exceeds a limit.
Analysis:
- Useful safety mechanism
- Prevents runaway grid expansion
- Improves long-term account survival
๐งฉ Restart EA If H4 Candle Is in Trend Range โ 5.0
Description:
Market condition filter based on H4 candles.
Analysis:
- Attempts to re-engage EA during stable market conditions
- Helps avoid chaotic market phases
๐งฉ Magic Number โ 4779
Description:
Unique identifier for EA trades.
Analysis:
- Prevents conflicts with other EAs or manual trades
- Essential for multi-EA environments
๐งฉOverall Conclusion โ Is This Gold Stallion EA Setup Reliable?
Based on the image, this Gold Stallion EA MT4 configuration shows a design focused on:
โ
Conservative starting exposure.
โ
Wide grid spacing.
โ
Controlled martingale escalation.
โ
Basket-based profit taking.
โ
Limited trade count.
๐ถ Strengths:
- Suitable for Goldโs volatility.
- Low trade frequency.
- Strong margin control after initial trades.
- Designed for medium to large accounts.
๐ถ Weaknesses:
โ No real stop loss.
โ High reliance on grid recovery.
โ Large floating drawdown possible.
โ Requires patience and sufficient equity.
Final Verdict
This Gold Stallion EA setup is best suited for experienced traders with medium-to-large accounts who can tolerate drawdowns and understand grid/martingale risks.
It prioritizes account survival and controlled exposure over fast profit generation, making it more suitable for long-term Gold trading rather than aggressive scalping.
