GOLD ATLAS โ USER MANUAL & CONFIGURATION GUIDE
Expert Advisor for XAUUSD (Gold)
Developed by Eriksson Systems
โ 1) BASIC SETUP (LIVE TRADING)
โ 2) BACKTESTING SETTINGS (IMPORTANT)
Correct tester settings are essential for realistic results.
Recommended Test Period (Longer = Better)
๐ The longer the test period, the better.
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Most brokers provide good gold data from 2018 โ Present
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For maximum quality history, you can use Dukascopy M1 data, which is reliable back to 2006
Long-term testing is strongly recommended since gold behaviour changes over time and includes many different market cycles.
Recommended Modeling Method
๐ 1 Minute OHLC (Open/High/Low/Close)
Do NOT use:
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Every Tick
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Real Tick Data
Reason: tick data often contains incorrect spreads, gaps, and differs between brokers.
Gold Atlas is designed to process logic on new M1 candle openings, so tick testing gives no advantage.
โ If Your Backtest Looks Different Than EA Page Results
This is usually caused by:
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incorrect broker spread/commission data in tester
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low-quality historical feed
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using tick modeling instead of M1 OHLC
Also recommended:
๐ Backtest using risk based on Starting Balance / Fixed Balance
(not equity-based), to get a clearer view of the systemโs true performance.
โ 3) MAGIC NUMBER & COMMENT
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Always use a unique Magic Number
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If using multiple EAs, each EA must have a different magic number
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Prop firms: use a custom trade comment (optional but recommended)
โ 4) RISK SETTINGS
Fixed lot size is not recommended.
Gold volatility changes heavily, and Gold Atlas adapts automatically:
Prop firms:
๐ Low risk recommended
Portfolio use (multiple EAs):
๐ Use manual risk and equal weighting (example: 1% per EA)
โ 5) ENTRY MODELS (IMPORTANT)
Gold Atlas includes multiple entry models.
Each model has a different trade frequency.
๐ Recommended (Best Diversification):
Keep ALL entry models enabled.
This allows Gold Atlas to capture:
Lower Trade Frequency Option
If you want fewer trades and less exposure, you can disable:
Disabling Entry Model 1 will reduce the number of trades significantly.
๐ก 6) DAILY DRAWDOWN PROTECTION (PROP FIRMS)
๐ Recommended: Enable Daily Drawdown Protection (Prop Firms)
Set max daily loss below your prop firm limit.
Example: if prop firm allows 5% daily loss โ set 4%.
This feature will close all trades (including other EAs) to protect the account.
๐ 7) FRIDAY CLOSE OPTION
Enable only if:
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your prop firm does not allow weekend holding
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you want weekend gap protection
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you want reduced weekend exposure and swap costs
๐ฐ 8) MINIMUM BALANCE
๐ Minimum recommended balance: $500
However, during periods of very high gold volatility:
๐ Recommended balance: $1000+
(for safer margin levels and smoother performance)
โ QUICK RECOMMENDED SETTINGS (BEST DEFAULT)
โ XAUUSD
โ M30 timeframe
โ Low risk (prop firms)
โ All entry models enabled
โ Daily DD protection = ON (prop firms)
โ Backtest using 1 Minute OHLC
โ Test period as long as possible (2018+ or Dukascopy back to 2006)
โ Unique magic number per EA
DISCLAIMER
Trading involves risk. Gold Atlas can experience losing periods. Past results do not guarantee future performance. Always test on demo and use proper risk settings.