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Market-Trader.de · MT4 · Version 1.30

Friday GoldRush EA for MT4

Friday GoldRush is a weekend strategy that opens a long position on Thursday and manages it on Friday according to platform-specific rules.

At a glance: Long only · Thursday 21:30 entry · Friday 21:30 management · fixed 900-point stop or ATR(5) × 0.3 · optional EMA(15) continuation.
Important before you start: The MT4 default uses the fixed stop because FixStoploss=900. Set it explicitly to 0 to use the ATR stop.

1. How Friday GoldRush works

Friday GoldRush is a long-only strategy. By default it opens a buy on Thursday at 21:30 broker time when no EA buy with the same magic number is already open.

  1. Entry stop: the default uses a fixed 900 broker-point stop. Only FixStoploss=0 switches to ATR(D1, 5) × 0.3.
  2. Friday 21:30: the exit/trailing phase is activated.
  3. EMA continuation: with trailingMA=true and Bid above the previous D1 EMA(15), the stop can move up to that EMA. Otherwise the position is closed.

Once the Friday trigger has occurred, management continues on subsequent ticks until the trade is closed.

2. Quick start

  1. Install the EA: Select File → Open Data Folder, place the EA file in MQL4/Experts, then refresh the Navigator.
  2. Choose a chart: Open the desired broker symbol and attach the EA.
  3. Enable trading: Turn on AutoTrading and the EA's trading permission.
  4. Allow the licence connection: Allow WebRequest for https://market-trader.de.
  5. Review parameters: Check times, lot/risk settings, stops, magic number and filters before the first trade.
  6. Test first: Check the strategy in the Strategy Tester and on a demo account with your own broker.

3. Understanding the settings

SettingDefault
Lots0.01
ATR5 · D1
ATR factor0.3
FixStoploss900 points
EntryThursday 21:30
Friday21:30 management
Show all 15 MT4 inputs
InputDefaultPlain explanation
Kommentar"FridayGoldRush"Comment attached to new MT4 orders.
Lots0.01Fixed lot size.
ATRperiod5ATR period used for the dynamic stop.
ATRTimeframePERIOD_D1ATR timeframe; MT4 default is D1.
StopFaktor0.3ATR multiplier used for the stop.
FixStoploss900MT4: fixed stop in broker points; 0 enables ATR stop. MT5: a positive value is subtracted directly as a price distance from entry.
OpenStunde21Thursday entry hour.
OpenMinuten30Thursday entry minute.
CloseStunde21Friday close/management hour.
CloseMinuten30Friday close/management minute.
MagicNr10100Magic number used to identify the EA.
chartanzeigetrueShow chart information.
trailingMAtrueMT4: after the Friday management time, allow the position to continue with an EMA-based stop.
MATimeframePERIOD_D1MT4: EMA timeframe for Friday management.
MAPeriod15MT4: EMA period for Friday management.

4. Trading times

Thursday 21:30: entry only during this minute.

Friday 21:30: the management phase is activated. If EMA continuation is allowed and Bid is above the EMA, the trade can remain open with an updated stop; otherwise it is closed. Management keeps running on later ticks.

5. Position protection and identification

  • No dedicated take-profit input.
  • Stop is either fixed in broker points or derived from ATR.
  • EMA trailing becomes relevant only after the Friday trigger.
  • The EA manages buy orders identified by MagicNr.

6. Activation and support

The EA uses the new Market-Trader account-based licensing system. There is no licence key to enter inside the EA.

  1. Allow WebRequest: In MetaTrader, open Tools → Options → Expert Advisors and allow https://market-trader.de.
  2. Start the EA: Attach it to the desired chart. The trading account and product slug are sent automatically to the licence server.
  3. Check the status: VALID allows new trades. If the licence is invalid, new entries remain blocked while existing positions may continue to be managed.

The Strategy Tester and optimisation use TEST MODE. For account activation issues, contact Market-Trader support.

7. Frequently asked questions

Why does the EA only buy?

The strategy contains long entries only.

When is the ATR stop used?

Only when FixStoploss=0.

What happens if the licence is invalid?

New buys are blocked while an existing trade can still be closed or managed.

Friday GoldRush EA · MT4 · Version 1.30 · Updated: 5 October 2026

Risk notice: Trading leveraged instruments can cause substantial losses. Profits are not guaranteed. Defaults are not personal risk recommendations. Check the EA and its settings in the Strategy Tester and on a demo account first.

Get Friday Goldrush EA MT4