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Home » Blog » Gold Baby EA MT4 – Full Input Settings Analysis

Gold Baby EA MT4 – Full Input Settings Analysis

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06/05/2025
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Gold Baby EA Settings

The Gold Baby EA is designed for automated gold (XAUUSD) trading, featuring precise trade control and built-in risk management parameters, making it adaptable for both manual optimization and potential prop firm usage.

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Gold Baby EA MT4 – Full Input Settings Analysis 4

⚙️ Core Settings

ParameterValueDescription
Magic Number12345Unique ID to distinguish this EA’s trades. Useful for multi-EA trading.
Use Prop AccountfalseCurrently not running under prop firm mode. Toggle this to true for challenge-compliant risk settings.
Prop Firm Allowed Daily Loss5000.0Max daily drawdown limit (used when Use Prop Account = true).

📊 Lot Size & Risk Settings

SettingValueDescription
Starting Lot0.01Minimum fixed lot size. Adaptive formula hints at scaling with balance tiers.
Profit Per Trade (%)0.1Aims for 0.1% profit per trade. Optimal target range is 0.05%–3% depending on strategy.
Distribution Pips (Acc/Dis)100.0Controls spacing for trade distribution in grid or recovery logic.

💰 Profit Targets (Optional Daily Goals)

SettingValueDescription
Use Daily TargetfalseDaily goal system is disabled. Can be enabled for capped profit strategies.
Daily Profit Target Per Chart3.0Sets target of 3.0 (USD, % or unit depending on EA logic) per symbol/chart.
Daily Profit Target Per Account2.0Global target for entire account. Useful in portfolio setups.

🕒 Time Control Parameters

SettingValueDescription
Start Hour (London Open Time)1EA starts trading at 01:00 server time, likely aligning with Asian/London session overlap.
Stop Hour (New York Close Time)23EA stops trading at 23:00, near New York close. Avoids overnight or illiquid periods.

✅ Key Strengths & Optimization Tips

  • Scalable: Can be adjusted for prop firm or high-volume accounts with simple toggles.
  • Controlled Risk: Fixed lot and profit % per trade create a balanced risk-to-reward profile.
  • Time Filter: Avoids low-liquidity trading windows through trading hour limits.
  • Grid/Recovery Capable: “Distribution Pips” suggests potential averaging or recovery strategy if enabled.

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