Gold Buster EA MT4 v2.0 with SetFiles (Platform build 1471+)

🔢 Gold Buster EA MT4 – Complete Settings & Parameters Guide

Gold Buster EA is an advanced MetaTrader Expert Advisor (EA) designed for automated multi-symbol trading with smart averaging, moving average filtering, news protection, auto lot management, and time-based execution. The EA supports multiple currency pairs and XAUUSD while providing flexible risk management and trading optimization features for MT4 users.

Gold Buster EA Settings

🔢 Gold Buster EA Settings Explained

Below are the details of the parameters in the advisor’s trading system settings table:

Gold Buster EA Settings Dashboard Parameters

Gold Buster EA MT4 Settings Dashboard Parameters

🔶 Global Protection Settings

🔹 Close at loss = 100000000.0 — Defines the maximum floating loss level before the EA force closes trades.

🔹 Time for pause after loss = 24 — Pauses trading activity for 24 hours after a major loss event.

🔹 Suffix = (blank) — Allows adding broker-specific symbol suffixes if required.

🔶 1st Symbols List Settings

🔹 Working symbols = EURUSD+GBPUSD — Configures the EA to trade EURUSD and GBPUSD simultaneously.

🔹 Max spread = 50 — Prevents trading if the spread exceeds 50 points.

🔹 Method of adding positions = current orders — Uses current active trades as the basis for adding new positions.

🔹 Bar for analysis = previous bar — Uses the previous candle/bar for market analysis calculations.

🔹 Money for open auto lot = 10000.0 — Uses 10,000.0 account currency units as the base balance for auto lot calculations.

🔹 Autolot = 0.01 — Initial automatic lot calculation reference value is 0.01 lots.

🔹 Fix lot size = 0.01 — Uses a fixed lot size of 0.01 when auto lot is disabled.

🔹 Autolot = true — Enables automatic lot size management.

🔹 The distance to the moving average of the first order = 100 — Opens the first trade when price reaches 100 points from the moving average.

🔹 The distance for adding new position = 35 — Adds new averaging positions every 35 points.

🔹 The distance for pending order = 5 — Places pending orders 5 points away from the reference level.

🔹 Step for moving pending order = 1 — Adjusts pending orders in 1-point increments.

🔹 Lot exponent = 1.3 — Multiplies lot sizes by 1.3 for recovery or averaging positions.

🔹 Close by Money = 5.0 — Closes all trades when profit reaches 5.0 account currency units.

🔹 Use time filter = false — Disables trading time restrictions for this symbol group.

🔹 Start time = 21:00 — Defines trading session start time at 21:00.

🔹 End time = 02:00 — Defines trading session end time at 02:00.

🔹 MA period = 10 — Uses a 10-period Moving Average.

🔹 MA shift = 0 — No shift applied to the Moving Average indicator.

🔹 Mode MA = Simple — Uses Simple Moving Average (SMA) calculation.

🔹 Type MA = Close price — Calculates the MA based on candle closing prices.

🔹 Magic Number = 202103141 — Unique identifier for trades opened on the 1st symbols list.

🔹 Comment = Gold Buster V2 — Adds the trade comment “Gold Buster V2”.

🔶 2nd Symbols List Settings

🔹 Working symbols = USDJPY — Configures the EA to trade USDJPY.

🔹 Max spread = 50 — Stops trading when spread exceeds 50 points.

🔹 Method of adding positions = current orders — Uses active positions to calculate averaging entries.

🔹 Bar for analysis = previous bar — Uses previous candle data for signal generation.

🔹 Money for open auto lot = 10000.0 — Uses 10,000.0 balance units for auto lot calculations.

🔹 Autolot = 0.01 — Reference value for auto lot sizing is 0.01 lots.

🔹 Fix lot size = 0.01 — Fixed lot size is 0.01 lots.

🔹 Autolot = true — Enables automatic lot sizing.

🔹 The distance to the moving average of the first order = 100 — Entry trigger occurs 100 points from MA.

🔹 The distance for adding new position = 35 — Adds positions every 35 points.

🔹 The distance for pending order = 5 — Pending order placement distance is 5 points.

🔹 Step for moving pending order = 1 — Pending orders move by 1-point steps.

🔹 Lot exponent = 1.3 — Uses a 1.3 lot multiplier for additional entries.

🔹 Close by Money = 5.0 — Closes basket trades at 5.0 profit.

🔹 Use time filter = true — Enables trading time restrictions.

🔹 Start time = 21:00 — Trading starts at 21:00.

🔹 End time = 02:00 — Trading ends at 02:00.

🔹 MA period = 10 — Moving Average period is 10.

🔹 MA shift = 0 — No Moving Average offset.

🔹 Mode MA = Simple — Uses Simple MA mode.

🔹 Type MA = Close price — MA calculation based on closing prices.

🔹 Magic Number = 202103142 — Unique identifier for USDJPY trades.

🔹 Comment = Gold Buster V2 — Trade comment text for this symbol group.

🔶 3rd Symbols List Settings

🔹 Working symbols = XAUUSD — Configures the EA for gold trading on XAUUSD.

🔹 Max spread = 50 — Maximum allowed spread is 50 points.

🔹 Method of adding positions = current orders — Uses current trades for scaling logic.

🔹 Bar for analysis = previous bar — Uses previous candle analysis.

🔹 Money for open auto lot = 10000.0 — Auto lot balance reference is 10,000.0.

🔹 Autolot = 0.01 — Initial auto lot reference value.

🔹 Fix lot size = 0.01 — Fixed lot size set to 0.01.

🔹 Autolot = true — Enables dynamic lot sizing.

🔹 The distance to the moving average of the first order = 100 — Opens first trade 100 points from MA.

🔹 The distance for adding new position = 35 — Adds trades every 35 points.

🔹 The distance for pending order = 5 — Pending order distance is 5 points.

🔹 Step for moving pending order = 1 — Pending orders move by 1 point increments.

🔹 Lot exponent = 1.3 — Position size multiplier is 1.3.

🔹 Close by Money = 5.0 — Closes positions when reaching 5.0 profit.

🔹 Use time filter = true — Enables session-based trading filter.

🔹 Start time = 21:00 — Trading session starts at 21:00.

🔹 End time = 02:00 — Trading session ends at 02:00.

🔹 MA period = 10 — Uses a 10-period MA.

🔹 MA shift = 0 — No shift applied.

🔹 Mode MA = Simple — Uses Simple Moving Average.

🔹 Type MA = Close price — MA based on close prices.

🔹 Magic Number = 202103143 — Unique trade identifier for XAUUSD trades.

🔹 Comment = Gold Buster V2 — Comment attached to XAUUSD orders.

🔶 News Filter Settings

🔹 News On = true — Enables the integrated news filter.

🔹 News before stop (min) = 60 — Stops trading 60 minutes before news events.

🔹 News after start (min) = 60 — Resumes trading 60 minutes after news releases.

🔹 High news = true — Enables filtering for high-impact news events.

🔹 High color = Red — High-impact news is displayed in Red.

🔹 Medium news = false — Disables medium-impact news filtering.

🔹 Medium color = Blue — Medium-impact news color is Blue.

🔹 Low news = false — Disables low-impact news filtering.

🔹 Low color = Yellow — Low-impact news color is Yellow.

🔹 Symbol = USD — Filters economic news related to USD currency.

🔹 Only Future news = true — Displays and filters only upcoming news events.

🔹 Time shift = 3 — Applies a GMT/news server offset of 3 hours.

🔹 Close profit = 2.0 — Closes profitable trades before important news when reaching 2.0 profit.

🔢 Conclusion

Gold Buster EA is a sophisticated multi-symbol MetaTrader 4 trading robot that combines moving average strategies, smart averaging systems, auto lot management and economic news filtering.

With support for EURUSD, GBPUSD, USDJPY, and XAUUSD, the EA offers flexible portfolio diversification while maintaining structured risk control and automated trade management.

🔢 FAQs

❓ What is Gold Buster EA?
Gold Buster EA is an automated MT4 Expert Advisor designed for multi-symbol forex and gold trading.

❓ Which trading instruments does Gold Buster EA support?
The EA supports EURUSD, GBPUSD, USDJPY, and XAUUSD.

❓ Does Gold Buster EA include a news filter?
Yes, the EA includes an advanced news filter with high-impact event protection.

❓ Can Gold Buster EA use automatic lot sizing?
Yes, the EA supports both fixed lot and automatic lot management modes.

❓ What Moving Average type does Gold Buster EA use?
The EA uses a Simple Moving Average (SMA) based on Close prices with a period of 10.