🔢 Gold Emas EA MT5 – Complete Settings & Parameters Guide
Gold Emas EA MT5 is an automated MetaTrader 5 Expert Advisor designed for systematic trading with configurable trading schedules, risk management controls, news filters, drawdown protection and position management.
The EA allows traders to define trading days, session times, stop-loss behavior, and account risk exposure while maintaining flexibility for different market conditions.

🔢 Gold Emas EA MT5 Settings Explained
Below are the details of the parameters in the advisor’s trading system settings table:
🔶 Trading Days Settings
🔹 Trading on Monday = true — Enables trading activity on Monday.
🔹 Trading on Tuesday = true — Enables trading activity on Tuesday.
🔹 Trading on Wednesday = true — Enables trading activity on Wednesday.
🔹 Trading on Thursday = true — Enables trading activity on Thursday.
🔹 Trading on Friday = true — Enables trading activity on Friday.
🔶 Trading Session Settings
🔹 Enable the time filter? = false — Trading time restrictions are disabled, allowing continuous operation.
🔹 Use Two Sessions = false — Dual-session trading mode is disabled.
🔹 Start of Session 1 = 9 — First trading session starts at 09:00.
🔹 End of Session 1 = 12 — First trading session ends at 12:00.
🔹 Start of Session 2 = 15 — Second trading session starts at 15:00.
🔹 End of Session 2 = 18 — Second trading session ends at 18:00.
🔶 News Filter Settings
🔹 News Enable = false — Economic news filtering is currently disabled.
🔹 News Importance = Medium — The EA is configured to monitor Medium-impact news events when the news filter is enabled.
🔹 News Minutes Before = 60 — Trading pauses 60 minutes before scheduled news events.
🔹 News Minutes After = 60 — Trading resumes 60 minutes after news releases.
🔶 Risk Management Settings
🔹 Risk (lot) = 1.0 — Base risk value is set to 1.0.
🔹 Risk Mode = % of Balance — Position sizing is calculated as a percentage of account balance.
🔹 Trailing Stop = false — Trailing stop functionality is disabled.
🔹 Trailing Stop Level (%) (0: Disable) = 50.0 — If enabled, trailing stop activates at 50.0% profit level.
🔹 Equity Drawdown Limit (%) (0: Disable) = 0.0 — Equity drawdown protection is disabled.
🔶 Stop Loss & Take Profit Settings
🔹 SL Type = Fixed Points — Stop-loss calculations are based on a fixed point value.
🔹 SL Deviation (Points) = 2000 — Stop-loss distance is set to 2000 points.
🔹 TP is Coefficient for SL = 1.0 — Take-profit distance equals 1.0 × Stop Loss, creating a 1:1 risk-to-reward ratio.
🔶 Open Position Limit Settings
🔹 Margin Limit (%) (0: Disable) = 300.0 — Trading is restricted if margin usage reaches 300.0%.
🔹 Spread Limit (Points) (-1: Disable) = -1 — Spread filtering is disabled.
🔶 Auxiliary Settings
🔹 Slippage (Points) = 30 — Maximum allowed execution slippage is 30 points.
🔹 Timer Interval (Seconds) = 30 — The EA refreshes and processes logic every 30 seconds.
🔹 Magic Number = 123456 — Unique identifier used to manage and track EA-generated trades.
🔹 Order Filling = Default — Uses the broker’s default order execution and filling method.
🔶 Trading Logic Overview
🔹 Weekday Trading Enabled — The EA is configured to trade Monday through Friday.
🔹 Session-Based Trading Available — Two trading sessions are predefined (09:00–12:00 and 15:00–18:00) but currently inactive because the time filter is disabled.
🔹 Percentage-Based Risk Model — Position sizing adapts according to account balance rather than fixed lots.
🔹 Fixed Stop-Loss Methodology — All stop losses use a predefined distance of 2000 points.
🔹 News Protection Ready — The EA can suspend trading 60 minutes before and after medium-impact economic events when activated.
🔢 Conclusion
Gold Emas EA MT5 is a flexible automated trading system that combines percentage-based risk management, fixed-point stop losses, session scheduling and optional economic news protection.
With weekday trading enabled, a 2000-point stop loss, 1:1 risk-reward ratio, and configurable margin controls, the EA provides traders with a structured framework for disciplined automated trading while allowing customization to suit different account sizes and risk preferences.
🔢 FAQs
❓ What risk model does Gold Emas EA MT5 use?
The EA uses % of Balance risk management, allowing lot sizes to adjust according to account equity.
❓ Is the news filter enabled by default?
No, News Enable = false, meaning economic news filtering is disabled by default.
❓ What stop-loss method is used?
The EA uses Fixed Points with an SL Deviation of 2000 points.
❓ Does Gold Emas EA MT5 support trading sessions?
Yes, it includes two configurable sessions (09:00–12:00 and 15:00–18:00), although the time filter is currently disabled.
❓ What is the Magic Number used for?
The Magic Number = 123456 allows the EA to identify and manage its own trades independently from other Expert Advisors or manual positions.








