PigGold EA MT5 v1.2 + SetFiles (Unlimited)

🔢 PigGold EA MT5 Settings – Complete Inputs Guide

PigGold EA MT5 is an automated trading system configured with indicator-alignment requirements, buy and sell permissions, configurable trade execution, and multiple profit-and-loss management options. Its Inputs include fixed-lot trading, optional USD-based risk sizing, ATR-based stop-loss and take-profit settings, break-even protection, trailing stops, spread and volatility filters, trading-hour restrictions, and an on-chart dashboard.

The current configuration uses a fixed lot of 0.01, requires 5 aligned indicators, allows both buy and sell trades, and sets a stop-loss price-movement value of 35.9 alongside a take-profit value of 113.3. Several optional protection features are disabled, so understanding the difference between configured values and active controls is important before deploying the EA on a live account.

PigGold EA MT5 Settings Panel

⚙️ General Trading Settings

🔹 Magic number = 20261003 – Assigns the EA’s unique trade identifier as 20261003, helping distinguish its orders from manual trades and positions managed by other Expert Advisors.

🔹 Order comment = PigGold_EA – Sets the order comment to PigGold_EA, making trades easier to recognize in the MetaTrader 5 terminal and account history.

🔹 Aligned indicators required (1-10) = 5 – Requires 5 aligned indicators or confirmations, according to the EA’s signal logic, before a qualifying trade can be considered. A higher confirmation requirement may reduce the number of signals, depending on how the indicators are implemented.

🔹 Allow buys = true – Enables buy orders, allowing the EA to open long positions when its entry conditions are satisfied.

🔹 Allow sells = true – Enables sell orders, allowing the EA to open short positions when its entry conditions are satisfied.

🔹 Cooldown bars after entry = 13 – Sets a waiting period of 13 bars after an entry before the EA can consider another entry under its cooldown rules. This can help limit repeated entries within a short period.

🔹 Max deviation (points) = 219 – Sets the maximum permitted execution-price deviation to 219 points, subject to the EA’s order-placement logic and broker execution rules.

⚙️ Lot Size and Risk Management

🔹 Lot sized by USD risk = false – Disables USD-based risk sizing, meaning the EA is configured to use the fixed-lot method rather than calculating each position’s volume from a specified dollar-risk amount.

🔹 Risk per trade (USD) = 50.0 – Sets the USD risk reference to 50.0 for the optional risk-based sizing mode. Since Lot sized by USD risk = false, this value should not be assumed to determine the current trade volume.

🔹 Fixed lot (if risk sizing is off) = 0.01 – Sets the fixed trading volume to 0.01 lots, which is the configured lot size when USD-based risk sizing is disabled.

⚙️ Stop-Loss and Take-Profit Settings

🔹 SL/TP by ATR (converted to USD) = false – Disables ATR-based stop-loss and take-profit calculation. The EA is therefore configured to use the manually specified stop-loss and take-profit values rather than relying on ATR multipliers for these exits.

🔹 Stop Loss (USD) = 35.9 – Sets the stop-loss price-movement parameter to 35.9 under the section’s stated USD price-movement convention. This should not automatically be interpreted as a maximum account loss of $35.90; the resulting monetary loss depends on position size, contract specifications, and execution.

🔹 Take Profit (USD) = 113.3 – Sets the take-profit price-movement parameter to 113.3 under the EA’s stated convention. It represents the configured target distance rather than a guaranteed monetary profit of $113.30.

🔹 ATR multiplier for SL = 11.75 – Sets the stop-loss ATR multiplier to 11.75. When ATR-based exit calculation is enabled, this multiplier may determine the stop-loss distance relative to the measured Average True Range. With SL/TP by ATR = false, the multiplier is not selected as the active stop-loss calculation method.

🔹 ATR multiplier for TP = 14.3 – Sets the take-profit ATR multiplier to 14.3. When ATR-based exit calculation is enabled, this value may scale the take-profit distance according to market volatility. The current configuration disables ATR-based SL/TP, so the multiplier should not be assumed to control the active take-profit distance.

⚙️ Break-Even and Trailing-Stop Settings

🔹 Use Break Even = false – Disables break-even management. The EA is not configured to move a trade’s stop-loss to its entry price or to a protected profit level through this particular feature.

🔹 BE: profit to activate (USD) = 37.3 – Sets the break-even activation threshold to 37.3 under the EA’s stated USD price-movement convention. This threshold is configured but is not expected to activate break-even management while Use Break Even = false.

🔹 BE: profit locked in (USD) = 4.55 – Sets the intended locked-in profit level to 4.55 under the EA’s stated convention. If break-even protection is enabled, this value may define the profit buffer secured after activation, subject to the EA’s implementation.

🔹 Use Trailing = false – Disables trailing-stop management. The EA will not apply its optional trailing-stop process while this setting remains false.

🔹 Trailing: start (USD) = 53.5 – Sets the trailing-stop activation threshold to 53.5 under the configured price-movement convention. This value is inactive while trailing-stop management is disabled.

🔹 Trailing: distance (USD) = 11.8 – Sets the intended trailing distance to 11.8. If trailing is enabled, this parameter may define the distance maintained between the market price and the trailing stop, depending on the EA’s logic.

🔹 Trailing: minimum step (USD) = 4.7 – Sets the minimum trailing adjustment step to 4.7. When trailing management is enabled, this may determine the minimum movement required before the EA updates the trailing stop.

⚙️ Filters and Trading Conditions

🔹 Max spread (USD) = 50.0 – Sets the maximum-spread parameter to 50.0 under the label’s stated convention. Because spread is commonly represented in points or price units rather than account currency, the exact interpretation of this input should be verified in the EA before relying on it as a spread safeguard.

🔹 Min ATR (USD) – 0 disables = 5.2 – Sets the minimum ATR threshold to 5.2. If the EA applies this filter to price volatility, market conditions below the configured threshold may be excluded. The exact unit and filtering behavior depend on the EA’s implementation.

🔹 Max ATR (USD) – 0 disables = 86.0 – Sets the maximum ATR threshold to 86.0. If the ATR filter is active, the EA may reject trading conditions where volatility exceeds this level. The precise unit and interpretation should be verified for the selected symbol.

🔹 Time filter (server time) = false – Disables the trading-session time filter. The start and end hours are configured, but they should not be assumed to restrict trading while this option remains false.

🔹 Start hour = 8 – Sets the configured trading-session start hour to 8, corresponding to 08:00 broker server time if the time filter is enabled.

🔹 End hour = 20 – Sets the configured trading-session end hour to 20, corresponding to 20:00 broker server time if the time filter is enabled.

🔹 Max daily loss (account currency) – 0 disables = 0.0 – Sets the maximum daily loss limit to 0.0. The parameter explicitly states that zero disables this limit, so no daily-loss cap is configured through this input.

🔹 Trend EMA = 1103 – Sets the trend EMA parameter to 1103. This value appears to configure the period or internal setting used by the trend filter, but the exact role should be confirmed from the EA’s logic before changing it.

⚙️ On-Chart Panel Settings

🔹 SHOW ON-CHART PANEL = true – Enables the on-chart information panel, allowing the EA’s interface to display trading information directly on the MetaTrader 5 chart.

🔹 PANEL X POSITION = 10 – Sets the panel’s horizontal offset to 10 pixels from its reference position.

🔹 PANEL Y POSITION = 30 – Sets the panel’s vertical offset to 30 pixels from its reference position.

🔢 Conclusion

The current PigGold EA MT5 configuration uses 0.01 fixed lots, requires 5 aligned indicators, allows both buy and sell trades, and applies a cooldown of 13 bars after entry. The configured stop-loss and take-profit price-movement values are 35.9 and 113.3, respectively, while ATR-based exit calculation, break-even management, trailing stops, and the trading-hour filter are disabled.

Several values deserve particular attention before live trading. The USD-risk sizing reference of 50.0 is not the active sizing method, the ATR multipliers are not selected for SL/TP calculation, and the daily-loss limit is disabled at 0.0. The units of the spread and ATR thresholds should also be confirmed rather than assumed. Demo testing with the intended broker and Gold symbol is recommended to verify actual order volume, execution behavior, stop distances, and protection mechanisms.