Spicy SpiderAttack Gold - User Guide

📘 Spicy SpiderAttack Gold — User Guide

⚡ Quick Start (Recommended Setup)

• Symbol: XAUUSD (Gold)
• Timeframe: M5
• Use default settings for best performance
• Attach EA → enable AutoTrading → done

👉 No complex setup required. Optimized out-of-the-box.

⭐ A. Recommended Settings

For beginners (safe start):

• MT5 only, trading account type must be hedge. Raw or low spread account is recommended.
• Lot Size: 0.01 per $10,000 (suggested minimum initial capital: $3,000)
• Signal Intensity: 50 (default)
• Use Escape Mode: ON (recommended)
• Use Trailing Protection: ON

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🔑 B. Key Setting Explained

Signal Intensity (1–100)

• Lower = more trades
• Higher = stricter entries
• Default 50 is balanced

For more aggressive trading:

• Signal Intensity: 30–40
  • More trades, higher risk
• Control lot size carefully

For conservative trading:

• Signal Intensity: 60–70
  • Fewer trades, higher quality
• Keep default lot size

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🛡️ Escape Mode (ON by default)

• Closes overloaded side near breakeven
• Then closes remaining basket at small profit (~$1)

👉 Helps:

• Reduce risk in strong trends
• Avoid full stop loss
• Protect capital during volatility

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⚙️ Core Settings

• Lot Size
  • Controls trade size. Start small.
• Order Step ($)
  • Distance between ladder orders.
• Ladder Depth
  • Number of pending orders per side.
• Basket TP / SL
  • Controls total profit target and max loss.

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⚠️ Important Notes

• Designed for XAUUSD only
• Best on M5 timeframe
• Do not use very large lot size on small accounts
• Default settings are already optimized

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⭐C. Parameter Setting Guide

0. Version Info

• 0.1 Product
  • Name of the EA.
• 0.2 Version
  • Current EA version.
• 0.3 Signal Timeframe
  • EA is designed for M5 timeframe only.
  • Using other timeframes may lead to poor results.

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1. General Settings

• 1.1 Lot Size
  • Fixed lot size per trade.
• 1.2 Use Risk Percent Sizing
  • Enable to calculate lot size automatically based on account risk.
• 1.3 Risk Percent
  • Risk percentage used when auto sizing is enabled.
• 1.4 Magic Number
  • Unique ID for this EA to manage its own trades.
• 1.5 Trade Comment
  • Text label attached to all trades.

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2. Symbol and Session Filters

• 2.1 – 2.4 Trading Time (GMT)
  • Defines the trading session window.
  • EA will only open new trades within this time.
• 2.5 Use Spread Filter
  • Avoid trading when spread is too high.
• 2.6 Max Spread Points
  • Maximum allowed spread to open trades.

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3. SpiderAttack Activation

• 3.1 Signal Intensity (1–100)
  • Controls how strict the entry signal is.
  • Higher value → fewer trades, stronger signals
  • Lower value → more trades, but could be lower quality 
  • Default: 50

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5. Ladder Settings

• 5.1 Order Step ($)
  • Distance between each pending order in the ladder.
• 5.2 Ladder Depth
  • Number of pending orders placed on each side.

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6. Basket Exit Settings

• 6.1 Basket TP ($)
  • Total Take Profil target to close all trades as a basket of trades.
• 6.2 Basket SL ($)
  • Total Stop Loss target to close all trades as a basket of trades.
• 6.3 Recovery Pause (Minutes)
  • Cooldown period before starting a new trade cycle after the last trade closed, no trade will be opened during the cooldown period.

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7. Risk Protection Settings

• 7.1 Use Basket Breakeven Protection
  • Enabling locks basket profit when basket reaches a certain level.
• 7.2 Basket Breakeven Trigger ($)
  • Basket profit level to activate breakeven.
• 7.3 Basket Breakeven Lock ($)
  • Basket profit level to secure when breakeven triggers.
• 7.4 Use Basket Trailing Protection
  • Enabling locks basket profit dynamically as profit grows.
• 7.5 Basket Trailing Start ($)
  • Basket profit level to activate trailing.
• 7.6 Basket Trailing Distance ($)
  • Allowed pullback before closing all trades as a basket.

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🛡️ Escape Mode (Advanced Protection)

👉 Purpose: reduces risk during unexpected markets and helps avoid full stop loss.

• 7.7 Use Escape Mode
  • Enable additional capital protection (default: ON).
• 7.8 Escape Position Count
  • Minimum number of positions on one side to trigger check.
• 7.9 Escape Side Close Profit ($)
  • Close overloaded side when it returns near breakeven.
• 7.10 Escape Final Close Profit ($)
  • Close remaining trades at small profit after escape.

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8. Panel and UI Settings

• 8.1 Show Panel
  • Enable/disable on-chart information panel.
• 8.2 Panel Corner
  • Select panel position on chart.
• 8.3 Panel X Offset
  • Adjust horizontal position.
• 8.4 Panel Y Offset
  • Adjust vertical position.