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Michael Prescott Burney  

Silvestor EA: The "Dynamite" Silver Configuration

Asset: XAGUSD (Silver) Chart: H1 Broker: Works on any (Tested on Darwinex)

1. Global Safety Settings (Apply to All Setups)

These settings ensure you survive Silver's notorious volatility.

  • Lot Type: Fixed

  • Lot Size: 0.01 (Strictly recommended due to volatility)

  • Max Open Positions: 1 (No grid, no stacking—one sniper shot at a time)

  • Max Spread: 0 (Disables the spread filter to ensure execution during fast moves)


 Setup A: The "Insane Gains" (1:10 R:R)

Designed for high-precision entries where you aim for a massive home run while keeping losses tight.

  • Stop Loss (SL): 1000 (Tight risk)

  • Take Profit (TP): 10000 (The "Dynamite" target)

  • Trailing Stop: Optional (Can be turned on to lock in profit early, or left off to aim for the full 10,000 TP)

  • Logic: You only need to be right once to cover 10 losses. Institutional R:R ratio.


 Setup B: The "Deep Breath" (Trend Runner)

Designed to give the trade room to breathe and catch the entire duration of a mega-trend without a hard cap on profits.

  • Stop Loss (SL): 2500 (Wider stop to survive stop-hunts and volatility spikes)

  • Take Profit (TP): 0 (Removes the hard ceiling—let the winner run!)

  • Trailing Stop: TRUE (Crucial: This manages the trade for you, locking in gains as the trend extends)

  • Logic: Silver often has deep retracements before continuing a trend. This setup survives the shakeout and rides the breakout.


 Pro Tip: Utilizing the Optimizer

If you want to fine-tune these specifically for your broker's feed:

  1. Open the Strategy Tester in MT5.

  2. Select Silvestor EA and XAGUSD.

  3. Set Optimization to "Fast Generic".

  4. Important: Use larger step values for SL and TP during optimization (e.g., Step 100 or 500). This allows for much faster calculations to find the "sweet spot" zone before fine-tuning.