WHAT WE PROVIDE
Modes & documented defaults
Facts about what ships with GoldFunded - not advice on how you must trade.
| Item | Provided | Notes |
|---|---|---|
| Chart timeframe | M5 or M15 | Documented on XAUUSD charts set to M5 or M15. |
| Risk Mode | Low Risk · High Risk | Low Risk = single trade, no grid. High Risk = grid / martingale-style. You select the mode in inputs (builds may default to High Risk). |
| Time filter | ON · 01:00-22:30 | Built-in Filter Time default (broker server time). Adjustable in EA inputs. |
SETTINGS
Core trading settings
These control the EA's trading style, lot sizing, and basic risk.
| Setting | Default | What it does |
|---|---|---|
| License Key | - | Required. Paste the key from your purchase/trial email. The EA won't trade without it. One key = one MT account. |
| Risk Mode | High Risk |
High Risk - uses a grid/martingale strategy. Opens multiple positions and averages down. Higher potential profit, higher drawdown risk. Low Risk - single trade mode with a fixed Take Profit and Stop Loss. One position at a time. Safer, smaller returns. |
| Take Profit | 50 | Profit target in points. When the combined position profit reaches this level, all trades close. Applies to both risk modes. |
| Stop Loss | 100 | Maximum loss in points before trades are closed. Protects your account from large moves against you. |
| Magic | 65894235 | Unique ID so the EA only manages its own trades. Change it only if you run multiple EAs on the same account - each needs a different magic number. |
| Balance limit | 100 | Minimum account balance (in your account currency) to keep trading. If balance drops below this, the EA stops opening new trades. Set to 0 to disable. |
| Lot size units | 0.01 | The base lot size for every trade. Start with 0.01 (micro lot). Increase only if your account size supports it. Rule of thumb: 0.01 per $500-$1,000 balance. |
| Lot multiplier | 1.4 | Only used in High Risk mode. Each new grid order lot = previous lot × this multiplier. Higher = more aggressive recovery but more risk. Set to 1.0 for equal lot sizes. |
| Step | 150 | Distance in points between grid orders (High Risk mode). Larger step = fewer orders, wider spacing. Smaller = tighter grid, more orders. |
| Max Orders | 10 | Maximum open grid positions. Limits exposure. In Low Risk mode this is effectively 1. |
What the modes are:
Low Risk = single trade - no grid / no martingale.
High Risk = grid / martingale-style recovery (higher drawdown possible).
You choose the mode in EA inputs. Builds may default to High Risk. See Risk Disclosure.
DRAWDOWN PROTECTION
Automatic drawdown limits
These protect your account if drawdown reaches a dangerous level. Set to 0 to disable.
| Setting | Default | What it does |
|---|---|---|
| Drawdown for Stop trade | 0 | If floating loss exceeds this % of your balance, the EA stops opening new trades (existing trades stay open). Example: set 10 to pause at 10% drawdown. Set 0 to disable. |
| Drawdown for Close all orders | 0 | If floating loss exceeds this % of your balance, the EA closes all open trades immediately. This is your emergency stop. Example: set 15 to force-close at 15% drawdown. Set 0 to disable. |
Prop firm users: Set these to match your firm's rules. If your firm fails you at 10% daily drawdown, set
"Close all orders" to
8 or 9 to stay safe.
FILTER TIME
Trading hours filter
Restrict trading to specific hours. Uses your broker's server time (not your local time).
| Setting | Default | What it does |
|---|---|---|
| On/Off time filter | true | Enable or disable the time filter. When off, the EA trades 24 hours. |
| Hour start | 1 | Hour the EA starts trading (broker server time, 0-23). |
| Minute start | 0 | Minute within the start hour (0-59). |
| Hour end | 22 | Hour the EA stops opening new trades. |
| Minute end | 30 | Minute within the end hour. |
Default window is 01:00-22:30 broker server time. Adjustable for your broker's GMT offset.
The EA only stops opening new trades outside these hours - it doesn't close existing ones.
FILTER NEWS
News event filter
Pauses trading around major economic news events to avoid spikes. Uses the Forex Factory calendar feed.
| Setting | Default | What it does |
|---|---|---|
| Use News filter | false | Turn news filtering on or off. When on, the EA pauses before and after news events. |
| Pause before News | 30 | Minutes to stop trading before a news event. Gives the market time to position. |
| Pause after News | 30 | Minutes to wait after news before resuming. Lets volatility settle. |
| Enable minor news | false | Pause for low-impact events (yellow folder on Forex Factory). |
| Enable medium news | false | Pause for medium-impact events (orange folder). |
| Enable major news | true | Pause for high-impact events (red folder). NFP, FOMC, CPI etc. Optional - on/off in inputs. |
| Offset Broker time GMT | 2 | Your broker's GMT offset so news times align correctly. Most brokers are GMT+2 or GMT+3. Check your broker's "Market Watch" time. |
| Draw news lines | true | Show vertical lines on the chart at news event times. Helps you see when the EA will pause. |
| Draw only future lines | true | Only draw lines for upcoming events (keeps chart clean). |
| Color / Style | Red / Dot | Appearance of news lines on your chart. Cosmetic only. |
Requires WebRequest URL: The news filter fetches data from
https://nfs.faireconomy.media. Make sure this URL is allowed in
Tools → Options → Expert Advisors alongside https://api.goldfunded.pro.
That's every setting
The defaults are designed to work out of the box. Only change settings you fully understand. Defaults are documented above. Contact support if you need help with inputs.