MR SOLANKI · MT4
XAUUSD MT4 Expert Advisor
Software documentation maintained by Jayminsinh Solanki, founder of MR SOLANKI · Updated
XAUUSD commonly identifies gold priced in US dollars. MR SOLANKI provides an MT4 basket workflow with manual controls and configurable filters; it does not guarantee profitable gold trading.
How the gold EA works
The saved source can begin a basket automatically using its configured signal, or from manual BUY/SELL controls. It can add positions after an adverse price move. The multiplier can make later positions larger than the first, so review combined exposure rather than starting lot size alone.
Maximum levels and lots
MaxLevels limits the number of open orders in a cycle. MaxLot caps an individual order, while MaxBasketLots restricts combined basket lots. These limits address different parts of exposure. Broker minimums and lot increments also matter; verify what the terminal actually places.
Basket loss and account drawdown
MaxBasketLossPercent is intended to close the basket at a configured percentage of balance. MaxAccountDrawdownPercent is intended to close the basket and halt the EA persistently. Execution depends on market and platform availability, so actual loss can exceed a threshold. Do not clear an emergency halt without understanding what triggered it.
Spread filtering
Normal entries can be blocked by the current spread and by a rolling average spread. A minimum number of spread samples may be needed before entry. Broker points are not a universal currency amount: check your gold symbol’s digits and contract specification.
ATR filtering and spacing
ATR measures price-range volatility, not whether the next move will be up or down. The saved source has a maximum ATR entry filter and an optional ATR-based spacing setting. These are separate features. Changing the chart timeframe can change the indicator readings. MetaQuotes explains ATR.
ADX first-entry filtering
ADX is used here to restrict the first trade of a basket during stronger trends. It is not a blanket protection for every later addition and is not a guarantee of a reversal. Read the indicator definition.
High-impact news filtering
The calendar filter uses impact, currency and before/after time windows. It relies on a downloaded calendar and time alignment. BlockIfNewsUnavailable can block entries when information is stale or unavailable. News outside the feed and unexpected events remain possible.
Manual override matters
FORCE NEXT STEP bypasses price, spread and technical filters. The news filter applies to a forced step only when configured to do so. It is not an ordinary filtered entry. Review this behaviour before using the button.
Demo testing and installation
Use your broker’s actual gold symbol, including any suffix, on desktop MT4. Record version, timeframe, settings, spread and lot sizes. An account number alone does not prove demo status; the membership EA reports account type when it connects. Follow the installation steps and demo test checklist.
Common XAUUSD questions
Does it work with every broker? Compatibility needs checking against each broker’s symbol and execution rules. Are there universal best settings? No validated universal configuration is offered here. Can it lose the account balance? Substantial losses are possible; read the risk disclosure.
Real EA dashboard examples
These are genuine crops from a supplied v10 dashboard screenshot dated 29 September 2026. They show an earlier release, not the current membership build or recommended settings. Account identifiers and financial figures are excluded; layout and fields can differ by release.
Read the instructions for your downloaded version. For help interpreting its controls, contact software support.