This guide walks through the inputs of Gold Trend Scalping MT4 with the values recommended for live trading. The set files that come with the EA already contain these settings, so you can load them in one click and adjust only what your broker or account needs.
🔢 Gold Trend Scalping MT4 – Complete Settings & Parameters Guide
Gold Trend Scalping MT4 is a professional MetaTrader 4 Expert Advisor (EA) designed for trend-following gold scalping strategies. The EA combines time-based trading filters, advanced money management, trailing stop protection, and trend filtering to help traders automate XAUUSD trading with improved precision and risk control.
🔢 Gold Trend Scalping MT4 Settings Explained
Below are the details of the parameters in the advisor’s trading system settings table:
🔶 Trading Session Settings
🔹 StartHour = 1 — Defines the trading start hour as 01:00 server time.
🔹 StartMinute = 2 — Defines the trading start minute as 02.
🔹 FinishHour = 23 — Stops new trade entries after 23:00 server time.
🔹 FinishMinute = 59 — Sets the final trading minute to 59.
🔹 FridayCloseHour = 20 — Configures Friday trade closing hour at 20:00.
🔹 FridayCloseMinute = 55 — Closes Friday trading operations at minute 55.
🔶 Common Settings
🔹 Comment = Gold_Trend_Scalping — Adds the comment “Gold_Trend_Scalping” to EA-generated trades.
🔹 Magic number = 20241013 — Assigns the Magic Number 20241013 for identifying EA trades.
🔶 Trade Settings
🔹 Padding to top/bot (points) = 10 — Sets a 10-point padding distance from market highs/lows before placing trades.
🔹 Max number of trades per trend = 12 — Limits the EA to a maximum of 12 trades during one trend cycle.
🔹 Super trend timeframe = 1 Hour — Uses the 1 Hour timeframe for SuperTrend indicator analysis.
🔹 inp_order_type = BOTH — Allows both Buy and Sell trade operations.
🔶 Money Management Settings
🔹 Selected money management method = Use a fixed trading volume — Uses fixed lot sizing instead of dynamic risk calculations.
🔹 Volume for each trade (used if FIXED_VOL) = 0.01 — Sets the fixed trade volume to 0.01 lots.
🔹 Risk percentage of balance (used if FIXED_RISK) = 1.0 — Defines a 1.0% account balance risk when using fixed-risk mode.
🔹 Fixed amount of money in account currency (used if FIXED_MARGIN) = 5.0 — Uses a fixed margin allocation of 5.0 account currency units.
🔹 Auto scale volume = true — Automatically adjusts trading volume according to account growth or balance changes.
🔶 Trailing Stop Settings
🔹 Trailing step (points) = 10 — Moves the trailing stop in 10-point increments.
🔹 Trailing stop loss (points) = 30 — Sets the trailing stop distance at 30 points.
🔹 Start trailing (points) = 230 — Activates trailing stop functionality after 230 points of profit.
🔶 Other Settings
🔹 Max number of active orders = 2 — Restricts the EA to a maximum of 2 active trades simultaneously.
🔹 Open orders on same places = false — Prevents multiple orders from opening at identical price levels.
🔢 Conclusion
Gold Trend Scalping MT4 is a feature-rich gold trading Expert Advisor optimized for trend-following and scalping strategies on MetaTrader 4. With advanced session filters, SuperTrend analysis, flexible money management, and trailing stop protection, the EA provides traders with a structured and automated approach to trading XAUUSD while maintaining strict trade control and risk management.
🔢 FAQs
❓ What is Gold Trend Scalping MT4?
Gold Trend Scalping MT4 is an automated trading EA for MetaTrader 4 focused on gold scalping and trend trading.
❓ Which timeframe does Gold Trend Scalping MT4 use for trend analysis?
The EA uses the 1 Hour timeframe for SuperTrend calculations.
❓ Can Gold Trend Scalping MT4 trade both Buy and Sell positions?
Yes, the order type is set to BOTH, allowing Buy and Sell trades.
❓ Does Gold Trend Scalping MT4 include trailing stop functionality?
Yes, the EA includes configurable trailing stop distance, step, and activation levels.
❓ How many active trades can Gold Trend Scalping MT4 open simultaneously?
The EA allows a maximum of 2 active orders at the same time.
Get Gold Trend Scalping MT4
Download Gold Trend Scalping MT4 with its set files, read the full product details and requirements here: Gold Trend Scalping MT4 →