This manual provides detailed guidance for configuring and using the Super Gold Trend Expert Advisor (EA) on MetaTrader 5.
1. Trade Comments
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Purpose: Customize the trade comment to help identify trades placed by Super Gold Trend versus those from other EAs.
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Default: “Super Gold Trend”
2. Information Panel
3. Lot Size Settings
4. Recovery Settings
5. Stop Loss & Take Profit
6. Trailing Stop Settings
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Trailing: Enable or disable trailing stop functionality.
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Trailing Type: Choose between:
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Trailing Start (pips): Minimum profit (in pips) before trailing activates.
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Trailing Step (pips): Interval at which the stop loss is adjusted during trailing.
7. Break-Even Settings
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Break Even: Enable or disable automatic break-even adjustment.
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Break Even Start (pips): Profit level at which break-even triggers.
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Break Even Step (pips): Distance to move stop loss beyond entry price once break-even is triggered.
8. Time Control
9. News Filter
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News Filter: Avoid trading around major news releases by enabling this option.
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Stop Trading Before News: Set how many minutes before the news trading should pause.
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Resume Trading After News: Set how many minutes after the news to resume trading.
10. Broker Settings
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Max Spread (pips): Set the maximum acceptable spread for trade entry.
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Max Slippage (pips): Define the maximum allowed slippage during order execution.
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Magic Number: Unique identifier used by the EA to manage its trades independently from other EAs.