MT5GOLD/XAUUSDM15Parameter OverviewPrivate Delivery
Product Overview
MT5 Expert Advisor resource with parsed input parameters, setup notes, and licensed private download delivery.
Listing Mode
Parameters Only
Snapshot
Parameter Notes
Candle EA includes parsed input settings and setup reference notes.
The table highlights lot sizing, symbol settings, session filters, order-management switches, recovery controls, and protection inputs when those values are exposed by the EA.
Input Parameters
Showing 27 key parsed inputs from 27 detected settings for quick setup reference.
Meaning
Controls trade volume or the base position size used by the EA.
Setup Note
Higher lot size increases profit potential and drawdown pressure at the same time.
Meaning
Sets the take-profit target for single trades, baskets, or the account-level target.
Setup Note
Larger targets can extend holding time and expose positions to deeper pullbacks.
Meaning
Controls trailing stop or breakeven protection after a position moves into profit.
Setup Note
Tighter protection locks gains earlier but may exit normal pullbacks too soon.
Meaning
Controls trailing stop or breakeven protection after a position moves into profit.
Setup Note
Tighter protection locks gains earlier but may exit normal pullbacks too soon.
Meaning
Limits the number of open, pending, or sequential trades.
Setup Note
Higher limits increase trade capacity but can concentrate risk during adverse markets.
Meaning
Controls indicator-based signal filtering or volatility measurement.
Setup Note
Shorter or looser indicator settings can increase signals but may add market noise.
Meaning
Controls indicator-based signal filtering or volatility measurement.
Setup Note
Shorter or looser indicator settings can increase signals but may add market noise.
Meaning
Controls position-size escalation after previous trades or recovery steps.
Setup Note
Aggressive multipliers can create fast equity growth but also severe recovery drawdown.
Meaning
Controls position-size escalation after previous trades or recovery steps.
Setup Note
Aggressive multipliers can create fast equity growth but also severe recovery drawdown.
Meaning
Controls trade volume or the base position size used by the EA.
Setup Note
Higher lot size increases profit potential and drawdown pressure at the same time.
Meaning
Controls account-risk based sizing or an internal risk level.
Setup Note
A higher risk value can increase exposure, margin use, and peak-to-valley drawdown.
Meaning
Controls grid spacing, averaging distance, or distance-based order placement.
Setup Note
Smaller spacing can increase order density and drawdown during one-sided trends.
Meaning
Controls grid spacing, averaging distance, or distance-based order placement.
Setup Note
Smaller spacing can increase order density and drawdown during one-sided trends.
Parameter
MaxDrawdownPercent
Meaning
Author-defined strategy input exposed by the EA package.
Setup Note
Use this setting together with the other inputs shown in the table.
Parameter
UseVolatilityFilter
Meaning
Enables or disables the corresponding EA module.
Setup Note
Changing a module switch can materially alter entries, exits, filtering, or protection logic.
Parameter
UseEquityProtection
Meaning
Enables or disables the corresponding EA module.
Setup Note
Changing a module switch can materially alter entries, exits, filtering, or protection logic.
Meaning
Author-defined strategy input exposed by the EA package.
Setup Note
Use this setting together with the other inputs shown in the table.
Parameter
UseDynamicTrailing
Meaning
Controls trailing stop or breakeven protection after a position moves into profit.
Setup Note
Tighter protection locks gains earlier but may exit normal pullbacks too soon.
Meaning
Controls trailing stop or breakeven protection after a position moves into profit.
Setup Note
Tighter protection locks gains earlier but may exit normal pullbacks too soon.
Meaning
Controls trailing stop or breakeven protection after a position moves into profit.
Setup Note
Tighter protection locks gains earlier but may exit normal pullbacks too soon.
Parameter
UseTradingHours
Meaning
Controls trading session, server-time adjustment, or day-based restrictions.
Setup Note
Incorrect time settings can shift entries into high-spread or low-liquidity periods.
Meaning
Controls trading session, server-time adjustment, or day-based restrictions.
Setup Note
Incorrect time settings can shift entries into high-spread or low-liquidity periods.
Meaning
Controls trading session, server-time adjustment, or day-based restrictions.
Setup Note
Incorrect time settings can shift entries into high-spread or low-liquidity periods.
Meaning
Enables or disables the corresponding EA module.
Setup Note
Changing a module switch can materially alter entries, exits, filtering, or protection logic.
Parameter
UseMTFConfirmation
Meaning
Enables or disables the corresponding EA module.
Setup Note
Changing a module switch can materially alter entries, exits, filtering, or protection logic.
Meaning
Author-defined strategy input exposed by the EA package.
Setup Note
Use this setting together with the other inputs shown in the table.
Parameter
CheckCorrelation
Meaning
Enables or disables the corresponding EA module.
Setup Note
Changing a module switch can materially alter entries, exits, filtering, or protection logic.
Included Package
Candle EA MT5 Expert Advisor package prepared for licensed delivery after purchase.
The product is delivered after purchase through WooCommerce download permissions, with API Manager license/resource records kept for the order.
Recommended Trading Environment
For Candle EA, execution quality matters as much as the EA file itself. Use this checklist before running the expert advisor on GOLD/XAUUSD M15.
Broker execution
- Stable spread on the target symbol
- Transparent commission and swaps
- No abnormal requotes
VPS latency
- Hosted near broker servers
- Low ping and 24/7 uptime
- Auto restart after maintenance
Risk control
- Start with demo or small capital
- Compare live spread with test assumptions
- Size capital from drawdown tolerance
Listing profile: Parameters Only. SOFX keeps broker and VPS guidance neutral unless a partner has been separately reviewed for execution, latency, and transparency.
FAQ
What is included with Candle EA?
The package includes the MT5 Expert Advisor resource, parsed input parameters, setup notes, and private download delivery after purchase.
What parameters are summarized?
The page summarizes exposed EA inputs such as lot sizing, filters, order controls, session settings, and protection settings when available.
Can I test Candle EA on my own broker?
Yes. You can run your own MetaTrader Strategy Tester checks under your broker symbol, spread, commission, and execution settings after purchase.
Which platform does this package use?
Candle EA is listed as a MT5 Expert Advisor package.
Which market and timeframe are used as the listing profile?
The listing profile uses GOLD/XAUUSD and M15 for catalog consistency and setup reference.
Which broker conditions are recommended?
Use a stable account with transparent commission, controlled spread, no abnormal requotes, and execution conditions close to the assumptions you plan to test.
Should I use a VPS?
A VPS near the broker server can reduce downtime and latency, especially for strategies sensitive to spread, slippage, or session timing.
How do I install Candle EA?
Download the licensed package from your SOFX account, place the EA file in the appropriate MetaTrader Experts folder, restart the platform, then attach it to the intended chart.
Do I receive updates after purchase?
Downloads and license records are handled through your SOFX account. Any available package update is delivered through the product download area.
How much capital is recommended?
Capital should be sized from your own forward test, broker conditions, and maximum tolerated drawdown rather than from the product price.
Does this EA use grid or martingale logic?
The catalog strategy tag includes Martingale, Grid, News Filter. Review order count, lot progression, spacing, and equity protection before live use.
Risk Warning
Trading tools involve market risk. Use position sizing and account limits that match your own setup.
Conclusion
Candle EA is available as a MT5 EA resource with parsed inputs, setup notes, and private package delivery.
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