The Power of Gold MT4 Expert input: 1. Manage Open Positions Period in bars: Define how many bars the strategy should look back to analyze past data and make trading decisions. 2. Manage Lot and Money Lot Type: Select lot type AutoLot: Manage auto calculation lots if AutoLot = true, fill in Money to manage, $: Fill in money to manage (Ex. Balance 5000, fill in 1000, Autolot = 0.05) if Autolot = false, fill in Start Lot: fill in the initial lot Coefficient Multiplier for Martingale 4: Multiplier lot coefficient Coefficient Multiplier Manual Lot Step: Multiplier lot coefficient Maximal Lots: max lots per trade Maxtrade: Max trade allowed 3. Manage GRID Step (in pips): Distance to open the next position Expanding Step Coefficient: step multiplier coefficient 4. Manage SLTP Use Stoploss and Take Profit, in pips Stop Loss(in pips), 0= no stoploss Take Profit(in pips), 0= no take profit 5. Manage Trailing Averaging Trailing, in pips: Trailing all in pips Trailing Start (in pips): Trailing starts in pips Trailling Size (in pips): Step trailing in pips 6. Manage Break Even Use Break Even: Enable Break even Break Even Start, in pips Break Even Step, in pips 7. Manage Drawdown Reduction Use Auto Close Partial: Select Close Partial Method: Close partial buy & sell: partial close by bringing 1 buy loss & 1 sell loss Close Partial Buy/Sell 1: means the bot will close partial far loss 1 buy or 1 sell position. Close Partial Buy/Sell 2: meaning the bot will close partial far loss 2 buy or 2 sell positions. Close partial all 1: A combination of close partial buy & sell and close partial buy / sell 1. Close partial all 2: A combination of close partial buy & sell and close partial buy / sell 2. Number of trades to activate partial close: Minimum open positions to start partial close. Select Partial Takeprofit Method : Pips or Money Minimum profit to close partial : Minimum profit to do partial close Auto Close Partial 3: enable/disable auto close partial 3 Select Close Partial 3 Method Number of trades to activate partial close 3 Lots to start partial closing: minimum lots to activate partial closing 3 min Profit to close(in pips): Minimum profit to be able to close a position Partial close percentage, % : How many % lots will be closed. Ex. 50% x lot 0.1 = 0.05 lot to close partial 8. Manage News Stop Trade by News: Enable or disable the news filter to avoid trading during significant news events. Show News Only This Chart Currency: Display news related to the current chart/symbol only. High/Medium/Low Importance News: Classify news based on its importance and set colors for each category. Stop trade X seconds before the news: Stop trading a specified number of seconds before the news release. Stop trade X seconds after the news: Stop trading a specified number of seconds after the news release. Show timer before and after news: Display a timer for the duration before and after the news event. Period news updates in seconds: Set the interval for news updates in seconds. 9. Manage Others Max Spread (in Pips): spread allowed Magic number : EA identifies open positions based on this magic number.
