🔢 Gold Energy MT5 Settings Explained – Complete Parameter Guide
Gold Energy MT5 is a fully automated Expert Advisor for MetaTrader 5 designed to trade Gold using intelligent trend confirmation, volatility filtering and strict risk management. It combines configurable trading sessions, automatic lot sizing, ADX and ATR filters, moving average confirmation, and trailing stop management to help traders optimize entries while maintaining disciplined capital protection.
🔢 Gold Energy MT5 Parameters Explained
Below are the details of the parameters in the advisor’s trading system settings table:
🔶 Trading Time Settings
🔹 GoldEnergy Begin = 09:00 – Sets the trading session start time to 09:00, allowing the EA to begin searching for trading opportunities.
🔹 GoldEnergy End = 17:30 – Stops opening new positions after 17:30.
🔹 Close All Trades = true – Automatically closes all open positions according to the configured closing schedule.
🔹 Time to Close All Trades = 23:00 – Closes every active trade at 23:00 to avoid overnight exposure.
🔶 Lot Sizing & Risk Management
🔹 LotSizing = Auto – Enables automatic lot size calculation based on the configured risk settings.
🔹 Risk = 2.5 – Uses 2.5% risk (or the EA's equivalent internal risk value) for automatic position sizing.
🔹 Start Lot = 0.1 – Sets the initial trading volume to 0.10 lots.
🔹 Increase Factor After Loss (0 or 1 = no increase) = 4.0 – Multiplies the next trade size by 4.0 after a losing trade when the recovery logic is active.
🔹 Maximum Risk = 10.0 – Limits the maximum allowable trading risk to 10.0.
🔹 Stop Loss Cents (i.e. 600 = $6.0) = 2200 – Sets the Stop Loss to 2200 cents, equivalent to approximately $22.00.
🔹 Take Profit Cents (i.e. 600 = $6.0) = 1200 – Sets the Take Profit target to 1200 cents, equivalent to approximately $12.00.
🔹 Max Open Orders Same Time (0 = off) = 1 – Restricts the EA to only 1 simultaneously open position.
🔶 Bar Metrics
🔹 Hi-Lo Size = 390 – Defines the minimum High-Low candle range of 390 units required by the trading logic.
🔹 Hi-Lo Max Wick = 150 – Limits the maximum acceptable candle wick size to 150 for signal validation.
🔶 Magic Number & Trade Identification
🔹 Magic Number = 3674 – Assigns the unique Magic Number 3674 for identifying and managing EA trades.
🔹 Order Comment = GoldEnergy1Min – Adds the trade comment GoldEnergy1Min to every order opened by the EA.
🔶 ADX Filter Settings
🔹 ADXPeriod = 14 – Uses an ADX period of 14 to evaluate market trend strength.
🔹 ADX_Level = 25.0 – Requires the ADX value to be at least 25.0 before allowing new trades.
🔹 ATRPeriod = 14 – Calculates market volatility using an ATR period of 14.
🔹 ATR_Multiplier = 2.5 – Applies an ATR multiplier of 2.5 for volatility-based calculations.
🔶 Trade Confirmation
🔹 CandleBack = 50 – Analyzes the previous 50 candles when validating trade setups.
🔹 MinLevel = 100.0 – Sets the minimum confirmation threshold to 100.0.
🔹 MaxLevel = 200.0 – Sets the maximum confirmation threshold to 200.0.
🔹 Use Trailing Stop = true – Enables automatic trailing stop management after a trade moves into profit.
🔹 Trailing Start in Gold Cents = 200 – Activates the trailing stop after the position gains 200 cents.
🔹 Trailing Follow Distance Cents = 25 – Maintains a trailing distance of 25 cents behind price.
🔹 Trailing Step Cents = 25 – Updates the trailing stop in increments of 25 cents.
🔶 Moving Average Settings
🔹 Use MA Filter = true – Enables the Moving Average trend filter before opening positions.
🔹 Period = 100 – Uses a 100-period Moving Average for trend confirmation.
🔹 Shift = 0 – Applies a Moving Average shift of 0, meaning no displacement is used.
🔢 Conclusion
Gold Energy MT5 combines time-based trading, intelligent trend filtering, automatic risk management, and volatility analysis into a structured automated trading system. With configurable ADX, ATR, Moving Average confirmation, trailing stop management, and strict position limits, the EA provides traders with a flexible framework for managing Gold trading while maintaining disciplined risk control.
🔢 FAQs
❓ What trading session does Gold Energy MT5 use?
The EA trades between 09:00 and 17:30 and can automatically close all positions at 23:00.
❓ Does Gold Energy MT5 support automatic lot sizing?
Yes. LotSizing = Auto enables dynamic lot calculation using the configured Risk = 2.5 setting.
❓ What is the purpose of the ADX filter?
The EA only considers trades when the ADX (14) reaches at least 25.0, helping filter out weak market trends.
❓ How many trades can Gold Energy MT5 open simultaneously?
The current configuration limits the EA to 1 open order at any given time.
❓ Does Gold Energy MT5 include automatic trailing stop management?
Yes. The trailing stop is enabled and begins after 200 cents of profit, following price with a 25-cent distance and 25-cent update step.
