GQL Pending Breakout Gold Expert MT5 (Latest version)

🔢 GQL Pending Breakout Gold Expert MT5: Complete Settings Guide

GQL Pending Breakout Gold Expert is an automated trading system configured for pending-order breakout trading, with settings for signal timeframe selection, ATR-based stop management, volatility filtering, higher-timeframe trend confirmation, and risk control. Its inputs include a 15-minute signal timeframe, configurable pending-order lifetime, trailing protection, optional breakeven management, and H1/H4 trend alignment. Additional settings control lot sizing, maximum spread, slippage, and trading-session hours.

This guide explains every visible input parameter, including all numerical values, Boolean switches, timeframes, and version-related labels. Some parameter descriptions contain implementation-specific abbreviations; where their precise behavior cannot be confirmed from the input name alone, the explanation identifies the likely purpose without assuming undocumented logic.

GQL Pending Breakout Gold Expert MT5 Settings Panel

⚙️ Product Settings

🔹 InpSymbol = blank — Specifies the trading symbol used by the EA. The value is blank in the displayed configuration, which may indicate that the EA automatically uses the chart symbol. Confirm the EA’s symbol-selection logic before attaching it to a chart other than the intended Gold instrument.

🔹 InpMagic = 2026081003 — Sets the Magic Number to 2026081003. This identifier helps the EA distinguish its trades and pending orders from those belonging to other Expert Advisors or manual trading, depending on the order-management implementation.

🔹 InpAllowTrading = true — Enables the EA’s trading functionality. When set to true, the EA can evaluate its trading conditions and place orders, subject to the other enabled filters, market conditions, and broker restrictions.

⚙️ Pending Breakout Settings

🔹 Signal TF (v1.20+: M15) = 15 Minutes — Sets the signal timeframe to M15, meaning 15-minute candles are used for the relevant breakout analysis. This timeframe provides a relatively short-term view of price movement and may generate more frequent opportunities than higher timeframes.

🔹 Tip v1.37: 40 (v1.34 axis; PF1.32 w/ buf40) = 40 — Sets the parameter associated with the version 1.37 tip to 40. The label references an axis adjustment in v1.34 and a PF value of 1.32 with buffer 40. These appear to be development or optimization notes; the precise effect of this input requires the EA’s internal implementation.

🔹 Tip v1.37: 40 (was 30; +buf on lb40) = 40 — Sets another version 1.37 parameter to 40, replacing the previous value of 30 according to the label. The note also mentions adding a buffer on lb40, suggesting a relationship with a lookback or breakout buffer, but its exact calculation cannot be established from the input label alone.

🔹 Pending lifetime (v1.21: shorter) = 4 — Sets the pending-order lifetime parameter to 4. This likely controls how long a pending breakout order remains valid before expiration or cancellation. The unit—such as bars, candles, or another time measure—is not specified in the label and should be confirmed through testing.

🔹 Fallback SL distance in points = 400 — Sets the fallback stop-loss distance to 400 points. This value may be used when the primary stop-loss calculation cannot provide a valid level or when a fallback rule is triggered. The actual price distance depends on the symbol’s point size and broker quotation format.

🔹 Trail distance when in profit = 250 — Sets the trailing distance to 250 points when the trade is profitable. This defines the intended distance between price and the trailing stop under the EA’s trailing logic, helping protect gains while allowing room for further movement.

🔹 InpTrailOnlyInProfit = true — Restricts trailing-stop activity to profitable trades if the EA implements this switch according to its label. This setting is intended to prevent the trailing mechanism from moving the stop before the position has reached a favorable state.

⚙️ ATR Stops and Range Filter

🔹 InpUseAtrStops = true — Enables the ATR-based stop-management feature. When active, the EA can use Average True Range calculations to determine or adjust stop distances according to market volatility, subject to its programmed rules.

🔹 InpAtrPeriod = 14 — Sets the ATR calculation period to 14 bars. ATR measures recent price volatility over the selected period and can help the EA adapt stop distances or evaluate whether market movement is sufficient for its strategy.

🔹 Tip KEEP 2.0 (v1.28 alt 1.85 REJECT) = 2.0 — Sets the parameter associated with the KEEP 2.0 configuration to 2.0. The label notes that an alternative value of 1.85 was rejected in version 1.28. This appears to be a strategy-specific tuning parameter, and its exact calculation should not be assumed to be a standard ATR multiplier without verifying the EA logic.

🔹 Tip KEEP 3.5 (v1.31 TP3.75 REJECT PF1.24) = 3.5 — Sets the parameter associated with KEEP 3.5 to 3.5. The label references a rejected take-profit value of 3.75 and a PF value of 1.24. These are configuration notes rather than guaranteed performance outcomes; the precise function of the parameter depends on the EA’s code.

🔹 InpMinSLPoints = 250 — Sets the minimum stop-loss distance to 250 points. This can prevent the EA from placing a stop too close to the entry price, provided the minimum-distance rule is enforced by its stop calculation.

🔹 InpMaxSLPoints = 1200 — Sets the maximum stop-loss distance to 1200 points. This can constrain the stop distance in volatile conditions and may help limit excessively wide stops. The EA’s response when the calculated stop exceeds this maximum depends on its implementation.

🔹 0 = ATR TP when UseAtrStops = 0 — Sets the ATR take-profit-related parameter to 0. The label indicates that 0 has a special meaning for ATR-based take-profit behavior when ATR stops are enabled. It may represent an automatic ATR-based take-profit mode, but this interpretation should be verified because the label does not fully specify the calculation.

🔹 v1.21: require range >= ATR*mult = 1.5 — Sets the range filter multiplier to 1.5. The label indicates that the measured range must be at least the ATR multiplied by this value. If implemented as described, a range below 1.5 × ATR may be rejected, filtering out market conditions with insufficient movement relative to volatility.

⚙️ Exit Quality Settings (Defaults OFF)

🔹 Tip OFF (BE probes REJECT) = false — Sets the Tip OFF switch to false. The label references breakeven probes being rejected, but the exact feature controlled by this parameter is unclear. Since the value is false, any behavior associated with activating this switch should not be assumed to be enabled.

🔹 BE when profit >= 1R = 1.0 — Sets the breakeven trigger threshold to 1.0R. In standard risk terminology, 1R represents a profit equal to the initial risk defined by the stop-loss distance. If the EA uses this convention, breakeven management can be triggered once the position reaches a profit equivalent to its initial risk.

🔹 SL slightly past entry (lock tiny) = 20 — Sets the stop-loss offset beyond the entry price to 20 points for the associated small-profit-lock feature. This may allow the EA to lock in a small gross profit after a qualifying trigger, although fees and execution costs can affect the net outcome.

🔹 Tip/probe OFF (0.01 lot usually skips) = false — Sets the tip/probe-related switch to false. The label notes that a 0.01-lot position usually skips the associated behavior, but it does not establish the exact mechanism. The value should be retained unless the intended behavior has been confirmed through testing.

🔹 % closed at BE trigger = 50.0 — Sets the percentage of the position to close at the breakeven trigger to 50.0%. If partial closure is supported and this setting is active, the EA may close half of the position when the relevant breakeven condition is reached, leaving the remainder open for further management.

🔹 Tip/probe 0 = legacy any-profit trail = 0.0 — Sets the tip/probe-related parameter to 0.0. The label associates zero with a legacy trailing rule that may operate at any profit level. Because this appears to be a compatibility or strategy-specific input, its exact effect should be verified before changing it.

⚙️ Higher-Timeframe Quality Settings

🔹 Align pending side with HTF bias = true — Enables alignment between the pending-order direction and the higher-timeframe trend bias. If implemented as described, the EA can restrict buy-side pending orders to bullish conditions and sell-side pending orders to bearish conditions, reducing trades that conflict with the selected trend filter.

🔹 Tip: dual hard (SOFT_DUAL = 3 available) = Dual H1+H4 hard agreement (v1.24+) — Selects the Dual H1+H4 hard agreement (v1.24+) mode. This indicates that both H1 and H4 trend assessments must agree before a trade qualifies under the dual-timeframe filter. The exact handling of neutral or conflicting readings depends on the EA’s code.

🔹 Used when mode = H1_ONLY = 1 Hour — Sets the timeframe to 1 Hour for the H1-only mode. This value applies when that mode is selected; the current trend mode is the dual H1+H4 agreement setting, so this input may not determine the active filter by itself.

🔹 Secondary / H4_ONLY TF = 4 Hours — Sets the secondary higher timeframe to 4 Hours (H4). This is the higher timeframe used for the secondary trend check or H4-only mode, depending on how the selected trend mode is implemented.

🔹 EMA period on HTF = 34 — Sets the higher-timeframe EMA period to 34 bars. The EMA can act as a reference for determining trend direction and filtering pending breakout orders according to the relationship between price and the moving average.

🔹 Skip both sides when HTF flat/disagree = true — Enables a filter that skips both buy and sell sides when the higher-timeframe trend is flat or the relevant timeframes disagree. This can prevent new pending orders from being placed during unclear trend conditions, depending on the EA’s trend-classification rules.

🔹 Tip v1.26 (v1.27 0.30 dual regressed) = 0.25 — Sets a strategy-specific parameter to 0.25. The label references a version 1.26 setting and a regression note involving 0.30 in version 1.27 dual mode. Its exact meaning cannot be determined from the label alone, so it should be treated as an implementation-specific threshold rather than a confirmed standard indicator setting.

🔹 v1.25+: rising EMA for longs / falling for shorts = true — Enables a directional EMA-slope filter. When implemented according to the label, long setups require a rising EMA, while short setups require a falling EMA. This can help align breakout orders with the direction of the higher-timeframe trend.

🔹 SOFT_DUAL: H1 softer flat band = 0.1 — Sets the H1 flat-band threshold for the soft dual-timeframe mode to 0.1. This appears to define a tolerance around the H1 trend measure within which the market may be classified as flat. The unit and exact calculation are specific to the EA and cannot be confirmed from the label alone.

⚙️ Risk and Trading Session Settings

🔹 InpLots = 0.01 — Sets the base trading volume to 0.01 lots. Since automatic lot sizing is disabled, this is the configured lot size the EA is likely to use for new orders, subject to broker minimum volume and any additional internal restrictions.

🔹 InpUseAutoLot = false — Disables automatic lot sizing. With this setting, the EA is expected to use the manually configured InpLots = 0.01 rather than calculating the lot size from account equity or another automatic sizing rule.

🔹 InpAutoLotUsdStep = 1000.0 — Sets the account-value step for automatic lot sizing to 1000.0 USD or account-currency units, depending on the EA’s implementation. This setting is generally relevant only when automatic lot sizing is enabled, which it currently is not.

🔹 InpAutoLotPerStep = 0.01 — Sets the lot increment per automatic sizing step to 0.01 lots. This defines the volume associated with each InpAutoLotUsdStep increment if the EA calculates position size using a step-based method. It is not expected to control current position size while automatic lot sizing remains disabled.

🔹 InpMaxSpreadPoints = 350 — Sets the maximum permitted spread to 350 points. If the EA enforces this filter, new orders may be blocked when the spread exceeds the configured threshold. The actual price difference represented by 350 points depends on the broker’s symbol specification.

🔹 InpSlippagePoints = 30 — Sets the permitted execution slippage parameter to 30 points. This value is used by the EA’s order-execution logic where supported by the broker and platform. It cannot guarantee a particular execution price during fast markets or liquidity gaps.

🔹 v1.21: London core (was 8) = 11 — Sets a London-session-related parameter to 11, replacing the earlier value of 8 according to the label. This appears to define a session-hour boundary or related London trading window setting, but the exact meaning depends on the EA’s session logic and the time zone used.

🔹 v1.21: London core (was 20) = 17 — Sets another London-session-related parameter to 17, replacing the earlier value of 20. The input likely defines a second session boundary, such as an ending hour, but the label does not explicitly specify whether the value represents the start or end of the trading window.

🔹 v1.21: was 4 = 2 — Sets a version-specific parameter to 2, replacing the earlier value of 4 according to the label. The parameter’s precise purpose is not identified, so its effect should be confirmed from the EA’s behavior or technical description rather than assumed.

🔹 v1.21: was 4 (~4h on M15) = 16 — Sets a version-specific parameter to 16, replacing the earlier value of 4. The note ~4h on M15 suggests a relationship with approximately four hours when measured in 15-minute candles, because 16 × 15 minutes = 240 minutes. The exact behavior controlled by this parameter remains implementation-specific.

🔢 Conclusion

The displayed configuration of GQL Pending Breakout Gold Expert MT5 enables trading with Magic Number 2026081003 and an M15 signal timeframe. Pending breakout orders use a lifetime parameter of 4, a fallback stop distance of 400 points, and a trailing distance of 250 points when profitable. ATR-based stops and the range filter are enabled, with ATR period 14, minimum stop-loss distance 250 points, maximum stop-loss distance 1200 points, and a range multiplier of 1.5.

The higher-timeframe filter is configured for hard agreement between H1 and H4, using EMA period 34. Pending-order direction is aligned with the higher-timeframe bias, and trading is skipped when the higher-timeframe condition is flat or disagrees. The configured base lot is 0.01, while automatic lot sizing is disabled. The maximum spread is 350 points and the slippage parameter is 30 points.

Several inputs contain version notes, abbreviations, or specialized labels whose exact formulas cannot be established from their names alone. Before using the EA on a live account, verify those parameters through controlled backtesting and demo trading. Pay particular attention to pending-order expiration, ATR take-profit behavior when its value is 0, partial closure at the breakeven trigger, the units used by session parameters, and the relationship between the selected H1+H4 mode and its auxiliary settings.