This guide walks through the inputs of PrizmaL Gold EA MT5 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.
🔢 PrizmaL Gold EA MT5 Settings & Configuration Guide
PrizmaL Gold EA is an automated trading Expert Advisor designed for algorithmic trading with a configurable combination of strategy controls, risk management, economic-news filtering, execution settings, time management, and trading-day restrictions.
The displayed configuration uses Strategy #1 and Strategy #2, a Risk Level of 1.0, a 90.0% DrawDown Limiter, and protection against high-, medium-, and low-impact news. The EA also includes a 30-point maximum spread, configurable trade-initiation timing, GMT Time = 2, and an optional seasonal restriction from December 15 to January 15. These settings give traders control over how PrizmaL Gold manages market conditions and automated trade execution.
Information Settings
🔹 Welcome to Prizmal Gold Version 1.134 = May you achieve success and enjoy abundant earnings. — Displays the EA welcome message and identifies the installed version as Prizmal Gold Version 1.134.
🔹 EA uses Magic Numbers IDs ranging = from 10450 to 10465 — Defines the Magic Number ID range from 10450 to 10465, allowing the EA to identify and manage its automated trades.
🔹 Strategy #1 = true — Enables Strategy #1, allowing this strategy module to participate in the EA's trading logic.
🔹 Strategy #2 = true — Enables Strategy #2, allowing the second strategy module to participate in the EA's trading logic.
Money Management
🔹 Risk Level (From 1 to 10) = 1.0 — Sets the EA's Risk Level to 1.0 on the available scale from 1 to 10. This represents the configured risk setting for the trading system.
🔹 Exchange Rate Symbol for 'JPY' Deposit = [blank] — No exchange-rate symbol is specified for a JPY deposit in the displayed configuration. If required by the EA, this field can be used to define the relevant exchange-rate symbol.
🔹 DrawDown Limiter (%) = 90.0 — Sets the DrawDown Limiter to 90.0%, defining the configured maximum drawdown threshold used by the EA's risk-management system.
News Filter Settings
🔹 News Filter (Avoid unfavorable trades) = [section] — This section contains the economic-news controls used to help the EA avoid unfavorable trading conditions around scheduled news events.
🔹 High Impact News = true — Enables filtering or protection related to high-impact economic news.
🔹 Medium Impact News = true — Enables filtering or protection related to medium-impact economic news.
🔹 Low Impact News = true — Enables filtering or protection related to low-impact economic news.
Custom Settings
🔹 Max spread (points) = 30 — Sets the maximum permitted spread to 30 points. Trades can be restricted when the current spread exceeds this configured threshold.
🔹 Interval between initiating trades (milliseconds) = 0 — Sets the minimum interval between initiating trades to 0 milliseconds, meaning no additional delay is configured through this parameter.
🔹 Order Comment (If empty 'Prizmal Gold' will be used) = [blank] — The Order Comment field is left empty. According to the parameter description, "Prizmal Gold" will be used as the order comment when no custom comment is entered.
Time Settings
🔹 Time Settings = [section] — This section controls the time reference used by the EA for its trading and time-based calculations.
🔹 GMT Time = 2 — Sets the EA's GMT time adjustment/reference value to 2.
Seasonal Trading Settings
🔹 Avoid Christmas trading = [section] — This section controls whether trading should be restricted during the Christmas/New Year period.
🔹 From Dec 15 to Jan 15 = false — Disables the Christmas-period trading restriction. With this value set to false, the specific December 15 to January 15 avoidance condition is not enabled.
Trading Days
🔹 Trading Days = [section] — This section controls which days of the week the EA is permitted to trade.
🔹 Friday = true — Enables trading on Friday.
🔢 Key Configuration Summary
🔹 EA Version: Prizmal Gold Version 1.134
🔹 Magic Number Range: 10450 to 10465
🔹 Strategy #1: Enabled
🔹 Strategy #2: Enabled
🔹 Risk Level: 1.0 on a scale from 1 to 10
🔹 DrawDown Limiter: 90.0%
🔹 High Impact News Filter: Enabled
🔹 Medium Impact News Filter: Enabled
🔹 Low Impact News Filter: Enabled
🔹 Maximum Spread: 30 points
🔹 Trade Initiation Interval: 0 milliseconds
🔹 Order Comment: Blank — "Prizmal Gold" is used when empty
🔹 GMT Time: 2
🔹 Christmas Trading Restriction: Disabled
🔹 Christmas Restriction Period: December 15 to January 15
🔹 Friday Trading: Enabled
🔢 Conclusion
The displayed PrizmaL Gold EA MT5 configuration provides a combination of strategy selection, risk management, news filtering, execution controls, and time-based settings. Both Strategy #1 and Strategy #2 are enabled, while the EA uses Risk Level 1.0 and a 90.0% DrawDown Limiter. All three displayed news categories—High Impact, Medium Impact, and Low Impact—are enabled. The configuration also limits the maximum spread to 30 points, uses GMT Time = 2, and leaves the Christmas trading restriction disabled for the December 15 to January 15 period. The Magic Number range from 10450 to 10465 provides a dedicated identification range for the EA's trades.
Before using these settings on a live account, traders should verify how Risk Level 1.0, the 90.0% DrawDown Limiter, news filters, and Magic Number range are implemented by the EA and test the configuration under their broker's execution conditions.
Get PrizmaL Gold EA MT5
Download PrizmaL Gold EA MT5 with its set files, read the full product details and requirements here: PrizmaL Gold EA MT5 →