Ultra Power Gold - Guide & Set Files

1. 📌 Information

• Welcome:
  Wishing you Limitless Success and abundant Wealth in your Algo

• Note:
  Works best on Gold (XAUUSD) in the 30 Minutes timeframe. It also work for US30.

2. 📊 Risk Management

These settings define how much of your capital is at risk for each trade.

• Risk percentage of account balance per trade
  (Default: 4.8)
  Defines how much % of your account will be risked on a single trade. For example, if account balance is $1000, and risk is 4.8%, the max loss will be ~$48.

• Initial stop loss as a percentage of the entry price
  (Default: 0.9)
  Sets stop loss relative to entry price. A value of 0.9 means SL is 0.9% away from the entry.

• Max number of orders to open
  (Default: 1)
  Limits how many positions can be opened simultaneously.

3. ⚙️ Trading Settings

These values control the EA’s reward structure and trailing logic.

• Risk-reward ratio (e.g., 1:2)
  (Default: 2)
  If SL is 10 pips, TP is set at 20 pips.

• Trailing stop offset as a percentage
  (Default: 0.5)
  Trailing Stop will activate with a 0.5% gap once in profit.

• Profit threshold as a percentage of entry
  (Default: 0.2)
  This is the minimum required gain before trailing or break-even logic activates.

• Magic Number
  (Default: 100001)
  Unique ID used by MT5 to identify EA trades.

• Comment
  (Default: MY ROBOT)
  Trade comment visible in the terminal.

4. 📈 AMA Indicator Settings

Used to generate the trading signals.

• AMA_Period
  (Default: 54)
  Controls the smoothing of the Adaptive Moving Average.

• Fast_EMA / Slow_EMA
  (Defaults: 86 / 96)
  Used in combination with AMA for signal confirmation.

• MA_Shift
  (Default: 21)
  Defines the bar offset for calculation.

• Applied_Price
  (Default: Close Price)
  Can be changed to other options like Open, High, Low, Weighted Price.

5. ⏰ Trading Hours

You can restrict EA to trade only during specific market hours.

• US Session Start Hour (Server Time)
  (Default: 13)
  Recommended to align with your broker’s server time.

• US Session End Hour (Server Time)
  (Default: 21)
  Ensures EA trades only during active market hours.

6. 🧮 Break-Even Logic

This helps protect profits by securing trades when they’re in gain.

• Enable break-even step
  (Default: true)
  Turns break-even logic on/off.

• Once the trade is +30 pips in profit, move SL to break-even
  (Default: 30)
  Once a trade gains 30 pips, SL is shifted to the entry price to protect against loss.