🔢 Cosmos Orion EA MT5: Complete Settings Guide and Configuration Explained
Cosmos Orion EA is an automated trading system designed for Gold markets, with configurable entry controls, risk-based position sizing, broker-time synchronization, and visual market-structure tools. Its settings include a Gold-symbol restriction, spread filtering, a configurable strictness value, custom risk options, and a Magic Number for trade identification. The EA also provides a chart status panel and animated structure visuals to help traders monitor potential entry levels and market conditions.
The following guide explains every visible input parameter, including the original values, Boolean settings, RGB color values, and numerical limits.
⚙️ Trading Settings
🔹 Enable entries (false: cancel stops, manage positions) = true — Enables new trade entries. When set to true, the EA is permitted to place new entry orders when its conditions are met. The label indicates that setting it to false cancels pending stop orders while continuing to manage existing positions, which can help stop new exposure without necessarily abandoning open trades.
🔹 Gold symbols only (XAUUSD/GOLD, including suffixes) = true — Restricts trading to recognized Gold symbols such as XAUUSD or GOLD, including broker-specific suffixes. This helps prevent the EA from operating on unintended instruments when attached to a chart with a different symbol.
🔹 Cancel own pending orders on EA removal / chart close = true — Enables cancellation of the EA’s own pending orders when the EA is removed or the chart is closed, according to the label. This can help prevent unattended entry orders from remaining active after the EA is no longer running on that chart.
🔹 Weekend guard: cancel entries Fri 21:00 to Mon 01:00 (GMT +2/+3) = true — Enables a weekend-entry protection window from Friday at 21:00 to Monday at 01:00, using the specified GMT +2/+3 time convention. This is intended to prevent new pending entries during the weekend transition, when gaps and reduced liquidity can increase execution risk.
🔹 Max spread units: gold = 0.01 price, other symbols = point = 500.0 — Sets the maximum spread threshold to 500.0 in the units described by the label. For Gold, the spread unit is a 0.01 price increment; for other symbols, the unit is a broker point. The EA’s exact spread conversion should be checked against the symbol specification before using this threshold.
🔹 Strict Value (Higher win rate, fewer trades, Max 1.4, Min 0) = 0.5 — Sets the strategy strictness parameter to 0.5, within the stated range of 0 to 1.4. The label suggests that higher values make entry conditions more selective, potentially reducing trade frequency while seeking stronger setups. This does not guarantee a higher win rate or improved profitability.
⚙️ Position Sizing
🔹 Lot sizing (risk modes: broker min / 0.01 lot floor) = Current balance | Custom % (0 = fixed lots) — Selects the position-sizing mode labeled Current balance | Custom % (0 = fixed lots). This mode indicates that lot sizing is related to the account balance and a custom risk percentage, while a custom risk value of 0 selects fixed lots. The exact lot calculation depends on the EA’s internal formula.
🔹 Custom risk %, Custom modes only (min lot may exceed %) = 3.0 — Sets the custom risk parameter to 3.0, generally interpreted as 3% in a percentage-based mode. The label warns that the broker’s minimum lot size may result in exposure exceeding the intended percentage, so actual risk should be verified for the chosen symbol and account balance.
🔹 Fixed lots (Fixed mode or Custom with risk % = 0) = 0.01 — Sets the fixed trade volume to 0.01 lots. This value is used when the fixed-lot mode is selected or when the custom risk percentage is set to 0, according to the input description.
⚙️ Broker Time Settings
🔹 Auto GMT from gold break (false = manual settings) = true — Enables automatic GMT determination using the Gold-break reference described by the parameter name. When set to true, the EA is intended to determine the applicable broker-time offset automatically rather than relying solely on manual fallback values.
🔹 Manual/fallback winter GMT offset (-12 to +14) = 2 — Sets the manual or fallback winter GMT offset to 2 hours. This value is relevant when automatic GMT detection is disabled or when the EA uses its fallback time configuration.
🔹 Manual/fallback GMT uses US daylight saving = true — Enables the use of the US daylight-saving-time schedule for manual or fallback GMT handling. This can help the EA account for seasonal clock changes when applying time-dependent rules, although the result depends on the broker’s server-time convention.
⚙️ Order Identification
🔹 Magic number = 39103 — Assigns the Magic Number 39103 to the EA’s orders. This identifier helps distinguish Cosmos Orion positions and pending orders from trades opened by other Expert Advisors or manually, depending on how the EA manages order ownership.
🔹 Order comment = Cosmos Orion — Sets the order comment to Cosmos Orion. This text may appear in the trading terminal’s order or position information, making the EA’s trades easier to identify during monitoring and analysis.
⚙️ Status Panel Settings
🔹 Show status panel = true — Enables the on-chart status panel. This allows the EA to display its status or related information directly on the chart, depending on the panel’s implemented features.
🔹 Panel left offset, pixels (fitted to chart) = 12 — Sets the panel’s horizontal offset to 12 pixels. This controls its positioning relative to the chart’s left-side reference point and can help prevent overlap with other chart elements.
🔹 Panel top offset, pixels (fitted to chart) = 28 — Sets the panel’s vertical offset to 28 pixels. This positions the panel relative to the top of the chart and can be adjusted to improve readability or avoid covering important price information.
🔹 Animate panel (normal charts only) = true — Enables panel animation on normal charts. This affects the panel’s visual presentation rather than directly changing trade entries, stop placement, or lot sizing.
⚙️ Market Structure Visual Settings
🔹 Show structure lines and entry levels = true — Enables the display of market-structure lines and entry levels on the chart. These visual elements can help traders inspect the EA’s structure analysis and identify where potential entries may be considered.
🔹 Visible structure groups (automatically limited to 2..12) = 6 — Sets the number of visible market-structure groups to 6. The parameter is automatically constrained to a minimum of 2 and a maximum of 12, according to the label. Increasing the number may display more structure information, while reducing it can create a cleaner chart.
🔹 Buy structure color = 255,220,0 — Sets the Buy structure color using RGB values 255, 220, 0, which corresponds to a bright yellow shade. This color is used to distinguish the relevant bullish structure or buy-side visual elements from other chart annotations.
🔹 Sell structure color = 0,230,255 — Sets the Sell structure color using RGB values 0, 230, 255, which corresponds to a bright cyan shade. This provides a contrasting color for the relevant bearish structure or sell-side visual elements.
🔹 Animate structures (normal charts only) = true — Enables animation for market-structure visuals on normal charts. This changes how structure elements are displayed and animated, but does not by itself establish that the EA’s trading signals or execution rules are different.
🔢 Conclusion
The displayed Cosmos Orion EA MT5 configuration enables new entries and restricts trading to recognized Gold symbols, including XAUUSD and GOLD suffix variants. Its weekend guard is active from Friday 21:00 to Monday 01:00 under the specified GMT +2/+3 convention, and the maximum spread threshold is 500.0 using the input’s Gold-specific and non-Gold-specific units.
The selected position-sizing mode is Current balance | Custom %, with Custom risk = 3.0 and fixed volume 0.01 lots available as the alternative configuration. Automatic GMT detection is enabled, with a fallback winter offset of 2 and US daylight-saving handling enabled. The EA uses Magic Number 39103 and the order comment Cosmos Orion.
The status panel and market-structure visuals are enabled. The panel offsets are 12 pixels from the left and 28 pixels from the top, while 6 structure groups are visible. Buy structures use RGB 255,220,0, and sell structures use RGB 0,230,255.
Before live deployment, confirm how the EA calculates the custom risk percentage, handles broker minimum lots, interprets Gold spread units, and synchronizes GMT during seasonal clock changes. Backtesting and demo testing can help verify that the selected settings behave as intended under the broker’s actual trading conditions.
