Grasberg Manual Guide – My Trading – 15 May 2025

Grasberg Gold Manual Guide

This guide explains the settings and features of the Grasberg Gold Expert Advisor (EA) for MetaTrader 5 (MT5).

1. Timeframe Settings

• Timeframe: Select the chart timeframe on which the EA will operate.

• Show Info Panel: Toggle the on-screen information panel. Disabling it can help reduce resource usage in MT5.

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2. Trade Mode Selection

Choose the trading mode based on your risk appetite and market conditions:

• Normal Mode: Trades only during high liquidity periods, offering the most precise and reliable entries.

• Aggressive Mode: Trades during moderate liquidity, aiming for higher returns with slightly increased risk.

• Extreme Mode: Trades in all market conditions, including low liquidity, using advanced algorithms to find aggressive profit opportunities.

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3. Strategy Activation

Enable or disable individual trading strategies:

• Strategy 1: On/Off

• Strategy 2: On/Off

• Strategy 3: On/Off

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4. Lot Size Settings

Customize how lot sizes are calculated:

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5. Stop Loss and Take Profit (SLTP) Settings

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6. Trailing Stop Management

• Trailing: Enable/disable trailing stop.

• Trailing Type:

• Trailing Start (pips): Minimum gain (in pips) before trailing begins.

• Trailing Size (pips): The step distance the stop loss will move as the trade profits.

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7. Break Even Management

• Break Even: Enable or disable the break-even feature.

• Break Even Type:

• Break Even Start (pips): Minimum profit in pips to start applying break even.

• Break Even Step (pips): Distance the stop will adjust after break even is activated.

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8. Lock Money Management

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9. Time Management

Control when the EA is allowed to trade:

• Time Control: Enable trading time restrictions.

• Trade Start Time: Time to begin trading each day.

• Trade End Time: Time to stop trading each day.

• Trading Days: Enable or disable trading for each day of the week (Monday–Sunday).

• Close All Trades at End of Time: Automatically close all positions and pending orders at the end of the set trading time.

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10. News Filter

• News Filter: Enable or disable trading around high-impact news events.

• Stop Trading Before News (seconds): Time before news when trading is paused.

• Stop Trading After News (seconds): Time after news when trading resumes.

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11. Broker Settings

• Delete All Pending Orders if Spread > Max Spread: Protects trades from being executed in volatile spread conditions.

• Max Spread (pips): The maximum spread the EA allows before it avoids trading.

• Max Slippage (pips): Maximum allowed slippage for orders.

• Magic Number: A unique identifier the EA uses to track its trades independently.