🔢 ThunderGold Scalper MT5 Settings Guide
ThunderGold Scalper EA is an automated Gold trading Expert Advisor designed with a structured configuration framework covering core identification, broker settings, money management, high-impact news protection, holiday protection, dashboard visualization, trade markers and diagnostic controls.
Its settings allow traders to define risk exposure, news behavior, chart presentation, and execution-related preferences directly from the MT5 input panel.

🔄 Core Settings
🔹 Magic Number: 30250001 — A unique identifier used by the EA to distinguish ThunderGold Scalper trades from other Expert Advisors or manual positions.
🔹 Order Comment: ThunderGold — The comment attached to trades generated by the EA, making its positions easier to identify in the MT5 terminal.
🔄 Broker Type
🔹 Broker Type: Default — Uses the EA's default broker configuration rather than selecting a specialized broker-type profile.
🔄 Money Management
🔹 Use Fixed Lot (off = risk %): false — Disables fixed-lot mode and allows the EA to use percentage-based risk management.
🔹 Fixed Lot Size: 0.01 — Defines the fixed position size as 0.01 lots when fixed-lot mode is enabled.
🔹 Risk Per Trade (%): 2.0 — Sets the configured risk allocation to 2.0% per trade when percentage-based risk management is active.
🔄 News Guard
🔹 Pause around high-impact (3-star) news: false — Disables automatic trading pauses around high-impact, 3-star economic news events.
🔹 Minutes before news to cancel/pause: 30 — Defines a 30-minute pre-news protection window when the News Guard is enabled.
🔹 Minutes after news to resume: 30 — Defines a 30-minute post-news waiting period before trading can resume.
🔄 Calendar Shield
🔹 Cancel pending orders on holidays: true — Enables automatic cancellation of pending orders during recognized market holidays.
🔄 Dashboard
🔹 Show HUD Panel: true — Displays the ThunderGold Scalper information/HUD panel directly on the MT5 chart.
🔹 Panel X Offset: 15 — Sets the dashboard's horizontal position offset to 15.
🔹 Panel Y Offset: 15 — Sets the dashboard's vertical position offset to 15.
🔹 Panel size (0 = auto-fit, else 0.4-1.0): 0.0 — Uses 0.0, which activates automatic panel sizing instead of a manually selected scale between 0.4-1.0.
🔹 Visual tester: redraw once per bar: true — Enables chart-panel redrawing once per bar during visual testing.
🔹 Live chart refresh interval (s): 2 — Refreshes the live chart information every 2 seconds.
🔄 Trade Markers
🔹 Show floating P&L labels: true — Displays floating profit-and-loss labels associated with trades on the chart.
🔄 Diagnostics
🔹 Verbose logging for troubleshooting: false — Disables detailed diagnostic logging intended for troubleshooting and technical analysis of EA behavior.
🔢 Quick Settings Summary
🔹 Magic Number: 30250001 — Unique trade identifier.
🔹 Order Comment: ThunderGold — Trade identification label.
🔹 Broker Type: Default — Default broker configuration.
🔹 Fixed Lot Mode: false — Percentage-based risk mode is selected instead of fixed-lot mode.
🔹 Fixed Lot Size: 0.01 — Configured fixed lot value.
🔹 Risk Per Trade: 2.0% — Configured risk allocation per trade.
🔹 High-Impact News Guard: false — News-based trading pause is currently disabled.
🔹 Pre-News Protection: 30 minutes — Configured cancellation/pause period before high-impact news.
🔹 Post-News Protection: 30 minutes — Configured waiting period after high-impact news.
🔹 Holiday Pending-Order Protection: true — Pending orders are configured to be cancelled during holidays.
🔹 HUD Panel: true — Dashboard display is enabled.
🔹 Panel Position: X = 15, Y = 15 — Configured dashboard offsets.
🔹 Panel Size: 0.0 — Automatic sizing is enabled.
🔹 Visual Tester Refresh: true — Panel redraws once per bar during visual testing.
🔹 Live Refresh Interval: 2 seconds — Chart information refreshes every 2 seconds.
🔹 Floating P&L Labels: true — Trade P&L labels are displayed.
🔹 Verbose Troubleshooting Logs: false — Detailed troubleshooting logs are disabled.
🔢 Risk Management Overview
The most important trading-related setting in this configuration is Use Fixed Lot = false, meaning the EA is not currently operating according to the fixed 0.01-lot setting. Instead, the configured Risk Per Trade = 2.0% becomes the relevant money-management parameter.
The News Guard is also currently disabled with Pause around high-impact (3-star) news = false, although the EA retains a 30-minute before-news and 30-minute after-news configuration for use if the feature is activated.
Meanwhile, Cancel pending orders on holidays = true provides an additional calendar-based protection mechanism.
🔢 Conclusion
ThunderGold Scalper MT5 provides a compact but flexible configuration structure for automated Gold trading. The supplied settings emphasize percentage-based risk management, holiday protection, chart visualization, and trade monitoring, while leaving high-impact news protection and verbose diagnostics disabled.
The current configuration uses a 2.0% risk-per-trade setting, a 0.01 fixed-lot fallback, and the unique Magic Number 30250001 with the trade comment ThunderGold. The HUD dashboard and floating P&L labels are enabled, while the live chart refreshes every 2 seconds.
Before using these settings on a live account, traders should verify that the 2.0% risk level is appropriate for their account size, broker conditions, Gold contract specifications, and overall drawdown tolerance. Backtesting and forward testing on a demo account can help determine whether the configuration is suitable for the intended trading environment.
🔢 FAQs
❓ What is the Magic Number of ThunderGold Scalper MT5?
The Magic Number is 30250001, which identifies trades generated by the EA.
❓ Does ThunderGold Scalper MT5 use fixed lots in this configuration?
No. Use Fixed Lot = false, so the EA is configured to use percentage-based risk management. The fixed lot value remains 0.01 as the configured alternative.
❓ What is the configured risk per trade?
The Risk Per Trade (%) parameter is set to 2.0, representing the configured percentage-based risk level.
❓ Is the high-impact news filter enabled?
No. Pause around high-impact (3-star) news = false. If enabled, the configuration would use 30 minutes before and 30 minutes after the news event.
❓ What are the ThunderGold dashboard settings?
The HUD Panel is enabled with X Offset = 15, Y Offset = 15, Panel Size = 0.0 for auto-fit, and a 2-second live chart refresh interval.










