This guide walks through the inputs of ThunderGold Scalper 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.
🔢 ThunderGold Scalper MT5 Settings Guide
ThunderGold Scalper EA is an automated Gold trading Expert Advisor designed with a structured configuration framework covering core identification, broker settings, money management, high-impact news protection, holiday protection, dashboard visualization, trade markers and diagnostic controls.
Its settings allow traders to define risk exposure, news behavior, chart presentation, and execution-related preferences directly from the MT5 input panel.
🔄 Core Settings
🔹 Magic Number: 30250001 — A unique identifier used by the EA to distinguish ThunderGold Scalper trades from other Expert Advisors or manual positions.
🔹 Order Comment: ThunderGold — The comment attached to trades generated by the EA, making its positions easier to identify in the MT5 terminal.
🔄 Broker Type
🔹 Broker Type: Default — Uses the EA's default broker configuration rather than selecting a specialized broker-type profile.
🔄 Money Management
🔹 Use Fixed Lot (off = risk %): false — Disables fixed-lot mode and allows the EA to use percentage-based risk management.
🔹 Fixed Lot Size: 0.01 — Defines the fixed position size as 0.01 lots when fixed-lot mode is enabled.
🔹 Risk Per Trade (%): 2.0 — Sets the configured risk allocation to 2.0% per trade when percentage-based risk management is active.
🔄 News Guard
🔹 Pause around high-impact (3-star) news: false — Disables automatic trading pauses around high-impact, 3-star economic news events.
🔹 Minutes before news to cancel/pause: 30 — Defines a 30-minute pre-news protection window when the News Guard is enabled.
🔹 Minutes after news to resume: 30 — Defines a 30-minute post-news waiting period before trading can resume.
🔄 Calendar Shield
🔹 Cancel pending orders on holidays: true — Enables automatic cancellation of pending orders during recognized market holidays.
🔄 Dashboard
🔹 Show HUD Panel: true — Displays the ThunderGold Scalper information/HUD panel directly on the MT5 chart.
🔹 Panel X Offset: 15 — Sets the dashboard's horizontal position offset to 15.
🔹 Panel Y Offset: 15 — Sets the dashboard's vertical position offset to 15.
🔹 Panel size (0 = auto-fit, else 0.4-1.0): 0.0 — Uses 0.0, which activates automatic panel sizing instead of a manually selected scale between 0.4-1.0.
🔹 Visual tester: redraw once per bar: true — Enables chart-panel redrawing once per bar during visual testing.
🔹 Live chart refresh interval (s): 2 — Refreshes the live chart information every 2 seconds.
🔄 Trade Markers
🔹 Show floating P&L labels: true — Displays floating profit-and-loss labels associated with trades on the chart.
🔄 Diagnostics
🔹 Verbose logging for troubleshooting: false — Disables detailed diagnostic logging intended for troubleshooting and technical analysis of EA behavior.
🔢 Quick Settings Summary
🔹 Magic Number: 30250001 — Unique trade identifier.
🔹 Order Comment: ThunderGold — Trade identification label.
🔹 Broker Type: Default — Default broker configuration.
🔹 Fixed Lot Mode: false — Percentage-based risk mode is selected instead of fixed-lot mode.
🔹 Fixed Lot Size: 0.01 — Configured fixed lot value.
🔹 Risk Per Trade: 2.0% — Configured risk allocation per trade.
🔹 High-Impact News Guard: false — News-based trading pause is currently disabled.
🔹 Pre-News Protection: 30 minutes — Configured cancellation/pause period before high-impact news.
🔹 Post-News Protection: 30 minutes — Configured waiting period after high-impact news.
🔹 Holiday Pending-Order Protection: true — Pending orders are configured to be cancelled during holidays.
🔹 HUD Panel: true — Dashboard display is enabled.
🔹 Panel Position: X = 15, Y = 15 — Configured dashboard offsets.
🔹 Panel Size: 0.0 — Automatic sizing is enabled.
🔹 Visual Tester Refresh: true — Panel redraws once per bar during visual testing.
🔹 Live Refresh Interval: 2 seconds — Chart information refreshes every 2 seconds.
🔹 Floating P&L Labels: true — Trade P&L labels are displayed.
🔹 Verbose Troubleshooting Logs: false — Detailed troubleshooting logs are disabled.
🔢 Risk Management Overview
The most important trading-related setting in this configuration is Use Fixed Lot = false, meaning the EA is not currently operating according to the fixed 0.01-lot setting. Instead, the configured Risk Per Trade = 2.0% becomes the relevant money-management parameter.
The News Guard is also currently disabled with Pause around high-impact (3-star) news = false, although the EA retains a 30-minute before-news and 30-minute after-news configuration for use if the feature is activated.
Meanwhile, Cancel pending orders on holidays = true provides an additional calendar-based protection mechanism.
🔢 Conclusion
ThunderGold Scalper MT5 provides a compact but flexible configuration structure for automated Gold trading. The supplied settings emphasize percentage-based risk management, holiday protection, chart visualization, and trade monitoring, while leaving high-impact news protection and verbose diagnostics disabled.
The current configuration uses a 2.0% risk-per-trade setting, a 0.01 fixed-lot fallback, and the unique Magic Number 30250001 with the trade comment ThunderGold. The HUD dashboard and floating P&L labels are enabled, while the live chart refreshes every 2 seconds.
Before using these settings on a live account, traders should verify that the 2.0% risk level is appropriate for their account size, broker conditions, Gold contract specifications, and overall drawdown tolerance. Backtesting and forward testing on a demo account can help determine whether the configuration is suitable for the intended trading environment.
🔢 FAQs
❓ What is the Magic Number of ThunderGold Scalper MT5?
The Magic Number is 30250001, which identifies trades generated by the EA.
❓ Does ThunderGold Scalper MT5 use fixed lots in this configuration?
No. Use Fixed Lot = false, so the EA is configured to use percentage-based risk management. The fixed lot value remains 0.01 as the configured alternative.
❓ What is the configured risk per trade?
The Risk Per Trade (%) parameter is set to 2.0, representing the configured percentage-based risk level.
❓ Is the high-impact news filter enabled?
No. Pause around high-impact (3-star) news = false. If enabled, the configuration would use 30 minutes before and 30 minutes after the news event.
❓ What are the ThunderGold dashboard settings?
The HUD Panel is enabled with X Offset = 15, Y Offset = 15, Panel Size = 0.0 for auto-fit, and a 2-second live chart refresh interval.
Get ThunderGold Scalper EA MT5
Download ThunderGold Scalper EA MT5 with its set files, read the full product details and requirements here: ThunderGold Scalper EA MT5 →