Gold Rush Algo MT5 Settings Explained – Complete Configuration Guide
Gold Rush Algo MT5 is an automated trading Expert Advisor (EA) designed for MetaTrader 5 traders who focus on gold and high-volatility market opportunities. The EA includes customizable lot sizing, risk percentage management, trailing stop protection, pending order control and smart trade management tools.
With a simple yet powerful configuration structure, Gold Rush Algo MT5 is suitable for both beginner and advanced algorithmic traders.

Installation Panel Parameters
Below are the details of the parameters in the advisor’s trading system settings table:
Info Panel Settings
🔹 Show Info Panel = true: Displays the EA information panel directly on the chart.
Trading Inputs
🔹 Magic Number = 989788869: Unique identifier used by the EA to manage and track its own trades.
🔹 Use Lot Size (True), Use Risk % (False) = false: Disables fixed lot mode and enables risk percentage calculation mode.
🔹 Lot Size (Recommended: Change depending on account) = 2.0: Sets manual fixed lot size to 2.0 lots when fixed lot mode is enabled.
🔹 Risk % for Lot Size = 2.0: Uses 2.0% account risk for automatic lot size calculations.
Risk Management Settings
🔹 Take Profit (Recommended to not change) - in points = 1000: Sets take profit target to 1000 points.
🔹 Stop Loss (Recommended to not change) - in points = 1000: Sets stop loss distance to 1000 points.
🔹 Trailing Distance (Recommended to not change) - in points = 50: Sets trailing stop distance to 50 points.
🔹 Trailing Start (Recommended to not change) - in points = 100: Activates trailing stop after 100 points profit.
Order Management Settings
🔹 Delete Opposite Pending Order When One Triggers = false: Keeps opposite pending orders active even after one pending order is triggered.
Conclusion
Gold Rush Algo MT5 is a streamlined yet powerful MetaTrader 5 Expert Advisor built for traders seeking automated gold trading with efficient risk management and trailing stop functionality. The EA provides flexible money management options, customizable risk controls, and smart order handling features that help traders automate strategies while maintaining account protection and trade consistency.
FAQs
❓ What is Gold Rush Algo MT5?
Gold Rush Algo MT5 is an automated Expert Advisor for MetaTrader 5 designed for gold and volatility-based trading strategies.
❓ Does Gold Rush Algo MT5 support automatic lot sizing?
Yes, the EA supports both fixed lot sizing and percentage-based risk management.
❓ Can I customize the trailing stop settings in Gold Rush Algo MT5?
Yes, traders can modify both trailing distance and trailing activation levels.
❓ What does the Magic Number do in Gold Rush Algo MT5?
The Magic Number uniquely identifies the EA’s trades so it can manage them independently from manual trades or other EAs.
❓ Does Gold Rush Algo MT5 automatically delete opposite pending orders?
No, the current setting keeps opposite pending orders active after one order is triggered.








