Table of Contents

GOLD AVIATOR EA MT4: Complete Settings Guide

GOLD AVIATOR EA MT4 is a specialized automated trading system designed exclusively for the XAUUSD (Gold) market, offering precision trading on M15 and H1 timeframes. This guide provides detailed information on all input parameters to help you customize the EA according to your trading style and risk tolerance. The system employs a sophisticated price-action based strategy with Renko-like filtering and stop-reverse mechanisms to capitalize on significant gold market movements.

More details about GOLD AVIATOR EA MT4 are available at this link

Detailed Analysis of Input Settings of GOLD AVIATOR EA MT4

The parameters of GOLD AVIATOR EA MT4 are organized into functional groups including identification settings, trading logic controls, risk management parameters, and notification preferences.

Basic Identification Settings

Parameter Name	Description	Default Value	Range/Recommended Values	Impact
Identificativo EA (Magic Number)	Unique identifier for trades placed by this EA	1	1-999999	Allows tracking of specific EA trades
Commento Aggiuntivo	Additional comment added to trade descriptions	Empty	User-defined text	Helps identify trades in history

Trading Time Controls

Parameter Name	Description	Default Value	Range/Recommended Values	Impact
Ora Operativa (Broker)	Defines when EA is allowed to trade	00:00:00-23:59:59	Trading sessions based on broker time	Controls active trading hours
Chiusura fuori orario	Determines if positions close outside trading hours	false	true/false	Affects overnight exposure

Core Strategy Parameters

Parameter Name	Description	Default Value	Range/Recommended Values	Impact
Impostazioni Indicatore	Core indicator setting affecting signal generation	8	5-12 recommended	Higher values may produce fewer but potentially stronger signals
Points Renk Box	Defines price movement threshold for entry signals	50	30-80 for XAUUSD	Larger values filter more noise but may delay entries
Utilizza chiusura su Barra trend opposta	Closes positions when trend direction changes	false	true/false	When enabled, exits trades earlier on reversal signs
Utilizza Chiusura StopReverse	Closes current position and opens opposite direction	true	true/false	Increases trade frequency and potentially captures reversals

Position Sizing Controls

Parameter Name	Description	Default Value	Range/Recommended Values	Impact
Contratti	Fixed lot size for initial trades	0.01	0.01-0.1 per $1000 capital	Directly affects risk per trade
Limite size Massima, 0 è illimitato	Maximum lot size cap for all trades	0 (unlimited)	0.1-1.0 for conservative approach	Critical safety feature to prevent excessive position sizing

Risk Management Settings

Parameter Name	Description	Default Value	Range/Recommended Values	Impact
Percentuale Stoploss, 0 è disattivato	Stop loss as percentage of account balance	0.8%	0.5%-1.5%	Higher values increase risk tolerance
Percentuale Breakeven, 0 è disattivato	Profit percentage to move stop loss to breakeven	0.09%	0.05%-0.2%	Lower values secure profits earlier
Points Aggiuntivi	Additional points added to breakeven level	0	0-20	Creates buffer above breakeven
Points Stoploss, 0 è disattivato	Fixed stop loss in points	0 (disabled)	300-800 for XAUUSD	Alternative to percentage-based stop loss
Points Takeprofit, 0 è disattivato	Fixed take profit in points	0 (disabled)	500-1500 for XAUUSD	Defines maximum profit target per trade

Trailing Stop Settings

Parameter Name	Description	Default Value	Range/Recommended Values	Impact
Points Trailing Stop Start, 0 è disattivato	Profit in points to activate trailing stop	50	30-100	Lower values start trailing earlier
Points Trailing Stop	Distance to maintain trailing stop	20	10-50	Smaller distance locks in profits more aggressively
Utilizza Trailing Stop su ATR	Uses ATR for dynamic trailing stop calculations	false	true/false	Adapts trailing stop to market volatility
Periodo ATR	Lookback period for ATR calculation	14	10-20	Affects smoothing of volatility measurement
Moltiplicatore ATR	Multiplier applied to ATR value	8.0	2.0-10.0	Higher values create wider trailing stops

Pyramiding Settings

Parameter Name	Description	Default Value	Range/Recommended Values	Impact
Numero massimo ordini piramidazione (PER LATO), 0 è illimitato	Maximum additional positions for pyramiding	0 (unlimited)	1-3 recommended	Controls risk amplification in trending markets
Points Takeprofit Piramidazione, 0 è disattivato	Take profit for pyramided orders	100	80-200	Shorter profit target for additional positions
Numero operazioni per attivazione secondo Takeprofit, 0 disatt.	Trade count to activate secondary take profit	0 (disabled)	2-5 if used	Affects profit-taking strategy for multiple positions
Points Secondo Takeprofit Piramidazione, 0 è disattivato	Secondary take profit level for pyramided orders	0 (disabled)	150-300 if used	Alternative exit for pyramided positions
Points Stoploss Piramidazione, 0 è disattivato	Stop loss specifically for pyramided orders	0 (disabled)	50-150 if used	Risk control for additional positions

Account Protection Features

Parameter Name	Description	Default Value	Range/Recommended Values	Impact
Utilizza Protezione Conto	Activates account protection features	false	true recommended	Essential safety feature for capital preservation
Selezionare il tipo di calcolo	Method for calculating protection limits	Percentuale su Balance	Balance/Equity options	Determines basis for risk calculations
Valore	Protection threshold value	0.0	10-20% recommended	Maximum allowed drawdown before trading stops

Notification Settings

Parameter Name	Description	Default Value	Range/Recommended Values	Impact
Allarmi causa Errori	Master switch for error notifications	true	true recommended	Controls all error alerts
Allarmi EA per errori	Enables EA-specific error alerts	true	true recommended	Flags critical EA operation issues
Utilizza Allarme per errori	Activates on-screen alerts for errors	true	true/false based on preference	Provides immediate visual notification
Utilizza Notifiche Push per errori	Sends push notifications for errors	true	true/false based on preference	Delivers alerts to mobile devices
Utilizza Invio Mail per errori	Sends email notifications for errors	true	true/false based on preference	Creates permanent record of issues
Allarmi EA per Inserimento Ordini	Master switch for trade notifications	true	true recommended	Controls all trade alerts
Utilizza Allarme per inserimento ordini	Activates on-screen alerts for new trades	true	true/false based on preference	Provides real-time trade monitoring
Utilizza Notifiche Push per inserimento ordini	Sends push notifications for new trades	true	true/false based on preference	Keeps you informed when away from platform

Summary and Recommendations

Start with minimal risk using 0.01 lots per $1000 of balance.
XAUUSD is the only suitable pair, with M15 and H1 timeframes producing best results.
Confirm broker server time for proper trading session settings.
Test preset files provided with the EA before live trading.
Use a low-latency VPS with stable internet connection for reliable execution.
Avoid unlimited pyramiding by setting a specific maximum (2-3 recommended).
Enable account protection with 10-15% maximum drawdown threshold.
Verify all point values are appropriate for XAUUSD (1 point = 0.1 pips in MT4).
Consider increasing the default Points Trailing Stop value from 20 to 30-40 for XAUUSD’s volat

Forex EA Settings Guides

GOLD AVIATOR EA MT4: Complete Settings Guide

GOLD AVIATOR EA MT4: Complete Settings Guide