This guide walks through the inputs of Saviour Gold Bot 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.
🔢 Saviour Gold Bot – Complete Settings & Parameters Guide
Saviour Gold Bot is a fully automated MT4 Expert Advisor (EA) designed for XAUUSD (Gold) trading. The EA combines Price Action strategies, Renko filtering, ATR analysis, trailing stop technology, and integrated news filtering to help traders optimize entries and manage risk effectively in volatile gold markets.
🔢 Saviour Gold Bot Settings Explained
Below are the details of the parameters in the advisor’s trading system settings table:
🔹 LicenseKey = (empty) — Field used for entering the official activation or license key for the EA.
🔹 StopLoss = 20 — Sets the Stop Loss distance to 20 points/pips to limit potential trading losses.
🔹 TakeProfit = 40 — Sets the Take Profit target to 40 points/pips for automatic profit closing.
🔹 UseStealthTakeProfit = false — Disables hidden/stealth Take Profit execution; TP levels remain visible to the broker.
🔹 UseTrailingStop = true — Enables the Trailing Stop system to lock profits as price moves favorably.
🔹 PriceActionStrategy = true — Activates the built-in Price Action trading strategy for market entries.
🔹 Renko = true — Enables Renko chart logic for filtering market noise and improving trend analysis.
🔹 NewsFilter = true — Activates the economic news filter to avoid trading during high-impact news events.
🔹 Atr = true — Enables ATR (Average True Range) volatility analysis for smarter market decisions.
🔹 Initial_Lot = 0.01 — Sets the initial trading lot size to 0.01 lots.
🔢 Conclusion
Saviour Gold Bot is a smart and lightweight MT4 trading robot optimized for gold trading automation. With integrated Price Action logic, Renko filtering, ATR volatility analysis, trailing stop management, and economic news protection, the EA provides traders with a structured approach to managing XAUUSD market conditions while maintaining controlled risk exposure.
🔢 FAQs
❓ What is Saviour Gold Bot?
Saviour Gold Bot is an automated MT4 Expert Advisor developed specifically for XAUUSD gold trading.
❓ Does Saviour Gold Bot include a news filter?
Yes, the EA includes a built-in News Filter to avoid trading during major economic events.
❓ What is the default Take Profit setting?
The default Take Profit value is 40 points/pips.
❓ Does the EA support Trailing Stop functionality?
Yes, UseTrailingStop is enabled by default for dynamic profit protection.
❓ What is the starting lot size in Saviour Gold Bot?
The default Initial_Lot value is 0.01 lots.
Get Saviour Gold Bot MT4
Download Saviour Gold Bot MT4 with its set files, read the full product details and requirements here: Saviour Gold Bot MT4 →