🔢 PrizmaL Gold EA MT5 Settings & Configuration Guide
PrizmaL Gold EA is an automated trading Expert Advisor designed for algorithmic trading with a configurable combination of strategy controls, risk management, economic-news filtering, execution settings, time management, and trading-day restrictions.
The displayed configuration uses Strategy #1 and Strategy #2, a Risk Level of 1.0, a 90.0% DrawDown Limiter, and protection against high-, medium-, and low-impact news. The EA also includes a 30-point maximum spread, configurable trade-initiation timing, GMT Time = 2, and an optional seasonal restriction from December 15 to January 15. These settings give traders control over how PrizmaL Gold manages market conditions and automated trade execution.

Information Settings
🔹 Welcome to Prizmal Gold Version 1.134 = May you achieve success and enjoy abundant earnings. — Displays the EA welcome message and identifies the installed version as Prizmal Gold Version 1.134.
🔹 EA uses Magic Numbers IDs ranging = from 10450 to 10465 — Defines the Magic Number ID range from 10450 to 10465, allowing the EA to identify and manage its automated trades.
🔹 Strategy #1 = true — Enables Strategy #1, allowing this strategy module to participate in the EA's trading logic.
🔹 Strategy #2 = true — Enables Strategy #2, allowing the second strategy module to participate in the EA's trading logic.
Money Management
🔹 Risk Level (From 1 to 10) = 1.0 — Sets the EA's Risk Level to 1.0 on the available scale from 1 to 10. This represents the configured risk setting for the trading system.
🔹 Exchange Rate Symbol for 'JPY' Deposit = [blank] — No exchange-rate symbol is specified for a JPY deposit in the displayed configuration. If required by the EA, this field can be used to define the relevant exchange-rate symbol.
🔹 DrawDown Limiter (%) = 90.0 — Sets the DrawDown Limiter to 90.0%, defining the configured maximum drawdown threshold used by the EA's risk-management system.
News Filter Settings
🔹 News Filter (Avoid unfavorable trades) = [section] — This section contains the economic-news controls used to help the EA avoid unfavorable trading conditions around scheduled news events.
🔹 High Impact News = true — Enables filtering or protection related to high-impact economic news.
🔹 Medium Impact News = true — Enables filtering or protection related to medium-impact economic news.
🔹 Low Impact News = true — Enables filtering or protection related to low-impact economic news.
Custom Settings
🔹 Max spread (points) = 30 — Sets the maximum permitted spread to 30 points. Trades can be restricted when the current spread exceeds this configured threshold.
🔹 Interval between initiating trades (milliseconds) = 0 — Sets the minimum interval between initiating trades to 0 milliseconds, meaning no additional delay is configured through this parameter.
🔹 Order Comment (If empty 'Prizmal Gold' will be used) = [blank] — The Order Comment field is left empty. According to the parameter description, "Prizmal Gold" will be used as the order comment when no custom comment is entered.
Time Settings
🔹 Time Settings = [section] — This section controls the time reference used by the EA for its trading and time-based calculations.
🔹 GMT Time = 2 — Sets the EA's GMT time adjustment/reference value to 2.
Seasonal Trading Settings
🔹 Avoid Christmas trading = [section] — This section controls whether trading should be restricted during the Christmas/New Year period.
🔹 From Dec 15 to Jan 15 = false — Disables the Christmas-period trading restriction. With this value set to false, the specific December 15 to January 15 avoidance condition is not enabled.
Trading Days
🔹 Trading Days = [section] — This section controls which days of the week the EA is permitted to trade.
🔹 Friday = true — Enables trading on Friday.
🔢 Key Configuration Summary
🔹 EA Version: Prizmal Gold Version 1.134
🔹 Magic Number Range: 10450 to 10465
🔹 Strategy #1: Enabled
🔹 Strategy #2: Enabled
🔹 Risk Level: 1.0 on a scale from 1 to 10
🔹 DrawDown Limiter: 90.0%
🔹 High Impact News Filter: Enabled
🔹 Medium Impact News Filter: Enabled
🔹 Low Impact News Filter: Enabled
🔹 Maximum Spread: 30 points
🔹 Trade Initiation Interval: 0 milliseconds
🔹 Order Comment: Blank — "Prizmal Gold" is used when empty
🔹 GMT Time: 2
🔹 Christmas Trading Restriction: Disabled
🔹 Christmas Restriction Period: December 15 to January 15
🔹 Friday Trading: Enabled
🔢 Conclusion
The displayed PrizmaL Gold EA MT5 configuration provides a combination of strategy selection, risk management, news filtering, execution controls, and time-based settings. Both Strategy #1 and Strategy #2 are enabled, while the EA uses Risk Level 1.0 and a 90.0% DrawDown Limiter. All three displayed news categories—High Impact, Medium Impact, and Low Impact—are enabled. The configuration also limits the maximum spread to 30 points, uses GMT Time = 2, and leaves the Christmas trading restriction disabled for the December 15 to January 15 period. The Magic Number range from 10450 to 10465 provides a dedicated identification range for the EA's trades.
Before using these settings on a live account, traders should verify how Risk Level 1.0, the 90.0% DrawDown Limiter, news filters, and Magic Number range are implemented by the EA and test the configuration under their broker's execution conditions.









