🔢 Gold X9 EA MT5 Settings: Complete Inputs Explained
Gold X9 EA is an automated trading Expert Advisor featuring multiple selectable trading strategies, configurable money management, drawdown controls, news filtering, and a customizable on-chart information panel. Its input settings allow traders to enable individual strategies, configure lot sizes, adjust entry and exit levels, manage spread restrictions, and define how the EA responds to daily and overall drawdown limits.
The EA also includes visual customization options and a choice of lot-size calculation methods. Understanding these parameters helps traders configure Gold X9 EA MT5 according to their trading objectives, account size, broker conditions, and tolerance for risk.
⚙️ News Filter Settings
🔹 Filter for News? = false — Disables the news filter by default. When set to true, the EA can apply its configured economic-news restrictions to avoid opening trades around selected news events, depending on the implementation.
🔹 Separator for news keywords = , — Uses a comma (,) to separate multiple keywords in the news-filter list, allowing several event names to be entered in one parameter.
🔹 Keywords in News to avoid = NFP,JOLTS,Nonfarm,Interest Rate — Defines four news-related keywords: NFP, JOLTS, Nonfarm, and Interest Rate. These terms identify economic events that the EA may use to block trading when the news filter is enabled.
🔹 Currencies for News lookup = USD — Restricts the news lookup to the US dollar (USD), focusing the configured filter on USD-related economic announcements.
🔹 No of Days to look up news = 100 — Sets the news-calendar lookup period to 100 days, defining how far the EA searches for relevant events according to its calendar integration.
🔹 Stop Trading before (in minutes) = 15 — Configures a trading restriction beginning 15 minutes before a qualifying news event, provided the news filter is enabled and the event is detected.
🔹 Resume Trading after (in minutes) = 15 — Sets the configured post-news waiting period to 15 minutes before trading can resume after a qualifying event.
🔹 Action when news blocks trading = NoNewTrades — Selects NoNewTrades as the action when news restrictions apply, indicating that the EA should prevent new trades rather than automatically assuming that existing positions will be closed.
⚙️ Profit and Entry Adjustments
🔹 Adjust Entry (in points) = 0.0 — Sets the entry-price adjustment to 0.0 points, leaving the configured entry level unchanged by this adjustment parameter.
🔹 Adjust SL (in points) = 0.0 — Sets the stop-loss adjustment to 0.0 points, meaning no additional stop-loss offset is specified through this setting.
🔹 Adjust TP (in points) = 0.0 — Sets the take-profit adjustment to 0.0 points, leaving the configured take-profit level unchanged by this adjustment parameter.
🔹 Adjust Trail SL (in points) = 0.0 — Sets the trailing stop-loss adjustment to 0.0 points, so no additional offset is applied through this parameter.
🔹 Adjust Trail TP (in points) = 0.0 — Sets the trailing take-profit adjustment to 0.0 points, leaving the trailing take-profit adjustment inactive at the displayed value.
🔹 Adjust Breakeven (in points) = 0.0 — Sets the breakeven adjustment to 0.0 points, meaning no additional breakeven offset is configured through this input.
⚙️ Drawdown Control Settings
🔹 Max % Allowed DD per day (0=disable) = 0.0 — Sets the maximum daily drawdown limit to 0.0%. The parameter explicitly states that 0 disables this daily drawdown restriction.
🔹 Max % Allowed TOTAL Drawdown = 30.0 — Sets the maximum total drawdown threshold to 30.0%. This is the configured overall drawdown limit, although the precise response depends on the selected drawdown mode and the EA's internal logic.
🔹 Basis for Drawdown Calculation = Equity — Uses account equity as the basis for drawdown calculations. Equity includes floating profit and loss, so the calculated drawdown can change while trades remain open.
🔹 Draw Down Mode = Dynamic — Selects Dynamic drawdown mode, indicating that the drawdown calculation or reference level can adjust over time according to the EA's implementation.
🔹 Balance for Static DD Mode = 0.0 — Sets the reference balance for static drawdown mode to 0.0. This value is relevant when static mode is used; the exact fallback behavior should be confirmed from the EA's implementation.
🔹 What happens when DD hit? = NoNewTrades — Selects NoNewTrades as the response when the configured drawdown limit is reached. This indicates that the EA should stop initiating new trades, but it does not by itself confirm that existing positions will be closed.
⚙️ Manual Strategy Selection
🔹 Run Strategy 1 = true — Enables Strategy 1, allowing this strategy to participate in trading when its entry conditions and other EA restrictions are satisfied.
🔹 Run Strategy 2 = true — Enables Strategy 2, permitting its configured trading logic to operate alongside other enabled strategies.
🔹 Run Strategy 3 = true — Enables Strategy 3, allowing the EA to evaluate and execute this strategy when its conditions are met.
🔹 Run Strategy 4 = true — Enables Strategy 4, keeping its trading logic active subject to the EA's entry rules and risk controls.
🔹 Run Strategy 5 = true — Enables Strategy 5, allowing this strategy to participate in the EA's overall trading process.
🔹 Run Strategy 6 = true — Enables Strategy 6, permitting its configured entry logic to operate when the necessary market conditions are satisfied.
🔹 Run Strategy 7 = true — Enables Strategy 7, allowing its trading signals to be considered by the EA.
🔹 Run Strategy 8 = true — Enables Strategy 8, keeping this strategy available for trading when its conditions and restrictions permit.
🔹 Run Strategy 9 = true — Enables Strategy 9, allowing the ninth strategy to participate in the trading system.
Note: All nine strategy switches are set to true. This does not establish that all nine strategies will open trades simultaneously; actual behavior depends on their individual rules and the EA's trade-management logic.
⚙️ Panel Parameters
🔹 Width of the Panel = 600 — Sets the information panel width to 600 units, typically pixels in the chart interface, controlling the panel's horizontal display area.
🔹 Height of the Panel = 550 — Sets the panel height to 550 units, typically pixels, determining the vertical space available for displaying account and trading information.
🔹 Font Size in the Panel = 10 — Sets the panel font size to 10, defining the approximate text scale used for displaying information on the chart.
🔹 Text Color in the Panel = 218,229,242 — Sets the panel text color using RGB values 218, 229, 242, producing a pale blue-white shade for readable interface text.
🔹 Title/Highlight Color = 239,159,39 — Sets the title and highlight color to RGB 239, 159, 39, creating an orange accent for emphasized labels and headings.
🔹 Positive Value Color = 93,202,165 — Sets the positive-value color to RGB 93, 202, 165, producing a greenish teal shade for positive trading or account values.
🔹 Negative Value Color = 226,75,74 — Sets the negative-value color to RGB 226, 75, 74, providing a red accent for negative values or loss-related information.
🔹 Muted/Header Color = 124,138,160 — Sets the muted text and header color to RGB 124, 138, 160, creating a subdued blue-gray appearance for secondary information.
⚙️ Visual Settings
🔹 Show info panel = true — Enables the on-chart information panel, allowing supported account statistics and EA status information to be displayed.
🔹 Show gradient background = true — Enables the gradient background for the chart interface or information panel, depending on the EA's visual implementation.
🔹 Gradient end color (top of chart) = Navy — Sets the gradient's upper-end color to Navy, establishing a dark blue accent for the chart's visual background.
🔹 Show spread indicator on chart = true — Enables the spread indicator on the chart, helping traders monitor the current spread when the indicator is supported by the EA.
⚙️ Trade Setup Settings
🔹 Risk Profile = Very High Risk — Selects the Very High Risk profile. This identifies the configured risk category but does not specify an exact percentage risk per trade unless additional logic defines it.
🔹 EA Magic Number = 647873 — Assigns the identifier 647873 to trades associated with this EA, helping distinguish its orders and positions from those managed by other systems.
🔹 Maximum Spread Allow (in Points) = 50.0 — Sets the maximum permitted spread to 50.0 broker points. The EA can use this threshold to reject entries when transaction costs exceed the configured limit, subject to its execution logic.
⚙️ Money Management and Lot-Size Calculations
🔹 Lotsize Calculation method = Max Allowed Total Drawdown — Selects Max Allowed Total Drawdown as the lot-size calculation method. Position sizing is therefore associated with the configured total drawdown allowance rather than necessarily relying on a fixed lot alone.
🔹 Fixed Lots = 0.01 — Sets the fixed trading volume to 0.01 lots. This value is the configured fixed lot size, although its use depends on the selected calculation method and the EA's implementation.
🔹 Risk Scaling Factor (%) = 1.0 — Sets the risk scaling factor to 1.0. The parameter label includes a percentage sign, but whether this represents 1.0%, a multiplier, or another scaling convention depends on the EA's calculation logic.
⚙️ Separate Lot Sizes for Individual Strategies
🔹 Use separate lotsize per strategy (Fixed Lots mode only) = false — Disables individual strategy lot sizing under the fixed-lot mode. With this setting at false, the separate strategy lot values may not be used, depending on the EA's implementation.
🔹 Strategy 1 Lotsize = 0.01 — Sets the individual lot-size parameter for Strategy 1 to 0.01 lots, available for use when separate strategy sizing is supported and enabled.
🔹 Strategy 2 Lotsize = 0.01 — Sets the individual lot-size parameter for Strategy 2 to 0.01 lots, providing the configured volume for this strategy when the separate-lot option applies.
🔹 Strategy 3 Lotsize = 0.01 — Sets the individual lot-size parameter for Strategy 3 to 0.01 lots, subject to the selected money-management method and strategy-specific sizing controls.
🔹 Strategy 4 Lotsize = 0.01 — Sets the individual lot-size parameter for Strategy 4 to 0.01 lots when separate lot sizing is supported and active.
🔹 Strategy 5 Lotsize = 0.01 — Sets the individual lot-size parameter for Strategy 5 to 0.01 lots, defining its configured trade volume under the applicable sizing mode.
🔹 Strategy 6 Lotsize = 0.01 — Sets the individual lot-size parameter for Strategy 6 to 0.01 lots, which may be applied when individual strategy sizing is enabled.
🔹 Strategy 7 Lotsize = 0.01 — Sets the individual lot-size parameter for Strategy 7 to 0.01 lots, subject to the EA's lot calculation and risk-management rules.
🔹 Strategy 8 Lotsize = 0.01 — Sets the individual lot-size parameter for Strategy 8 to 0.01 lots for configurations that use separate lot sizes per strategy.
🔹 Strategy 9 Lotsize = 0.01 — Sets the individual lot-size parameter for Strategy 9 to 0.01 lots, completing the nine displayed strategy-specific volume settings.
🔢 Conclusion
The Gold X9 EA MT5 settings provide controls for nine selectable strategies, news-event restrictions, entry and exit adjustments, drawdown protection, spread limits, lot-size calculations, and chart-panel customization. In the displayed configuration, all nine strategies are enabled, the fixed lot is 0.01, the maximum total drawdown is 30.0%, and the maximum spread allowance is 50.0 points. The daily drawdown restriction is disabled because its value is 0.0, while the overall drawdown calculation uses equity and the Dynamic mode.
The selected Very High Risk profile deserves particular attention. Before live trading, the EA's lot-sizing behavior should be tested carefully because the selected calculation method is Max Allowed Total Drawdown, while separate strategy sizing is disabled. The news filter is also disabled, and the displayed daily drawdown limit is inactive. These settings do not guarantee account protection or profitable trading. Testing on a demo account and verifying the EA's response to drawdown limits, spread changes, and simultaneous strategy signals are sensible steps before live deployment.
