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Gold Angel MT4 Settings Review & Full Analysis

🧩 What is Gold Angel MT4?

Gold Angel MT4 is a professional trading robot designed to ensure long-term stability and manual risk control on XAUUSD (Gold). This robot has fixed lot precision, wide take profit targets and time-based trade filtering to ensure stable profits.

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Gold Angel MT4 Settings Review & Full Analysis 4

🧩 General Settings

ParameterValueDescription
Info PaneltrueEnables the visual dashboard on the MT4 chart, displaying live EA performance data.
Magic Number1818Unique identifier for Gold Angel’s trades, preventing conflicts with other Expert Advisors.
Enable MM Auto LotfalseDisables automatic lot size scaling based on account balance — trading will use fixed lot size.
RISK PER LOT1Determines the static risk percentage for each trade when Auto Lot is disabled.
Min Lot0.01Sets the smallest possible trade size — ideal for small accounts or low-risk trading setups.

These parameters indicate a manually controlled trading setup, allowing traders to maintain full control over risk exposure and position sizing.


🧩 Risk Management Parameters

ParameterValueDescription
Stop Loss150Defines the maximum pip loss tolerated per position to protect against excessive drawdowns.
Take Profit1450Sets a large target, suggesting a swing or trend-following strategy optimized for XAUUSD (Gold).
Step Open90Controls the minimum pip gap between new trades — crucial for spacing and order management.

Gold Angel EA uses a conservative stop-loss combined with a wide take-profit ratio, indicating a focus on capturing medium- to long-term price movements while maintaining consistent risk management.


🧩 Time Filter Settings

ParameterValueDescription
Start Trade Hour3EA begins trading at 03:00 server time, aligning with the start of the Asian–London session overlap.
Stop Trade Hour23Stops trading before the market closes, avoiding high volatility during the rollover period.

This ensures trading during high-liquidity hours only, improving execution quality and reducing slippage.


⚙️ Overall Performance Analysis

The configuration of Gold Angel emphasizes controlled risk exposure, steady profit targeting, and time-based trade filtering. By disabling the Auto Lot system, it allows traders to define their own position sizes — perfect for those who prefer manual risk calibration.

The wide take-profit target (1450 pips) suggests the EA is optimized for trend-following strategies on Gold (XAUUSD), while the fixed stop loss ensures capital protection even during volatile market phases.


🧠 Conclusion

Gold Angel is a professional-grade trading robot designed for gold traders seeking long-term stability and manual risk control. With features like customizable time filters, fixed lot precision, and smart trade spacing, it adapts to both swing and intraday strategies.

This setup highlights high reward-to-risk potential, optimized trading hours, and a robust framework for consistent profitability on the XAUUSD pair — making Gold Angel one of the most reliable tools for disciplined traders.

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