In the fast-paced world of forex trading, automation is no longer a luxury—it’s a necessity. Introducing Happy News V1.0 EA MT4, a powerful, user-friendly Expert Advisor (EA) designed specifically for trading XAUUSD on the H1 timeframe. This EA empowers traders with cutting-edge logic, optimized parameters, and intelligent risk controls that transform manual trading struggles into profitable precision.
Overview of Happy News V1.0 EA:
Happy News V1.0 EA is tailored for gold traders looking to capitalize on market volatility without being glued to the charts. Built for MetaTrader 4 (MT4), this EA uses a hybrid of news-based avoidance logic and technical signal entries, making it a powerful tool for both beginners and experienced traders.
Key Features:
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🔸 Auto News Filter: Skips high-impact news periods to avoid unnecessary drawdowns.
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🔸 Optimized for Gold (XAUUSD): Tuned to perform on the H1 chart for maximum clarity and accuracy.
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🔸 Smart Entry & Exit Logic: Uses EMA crossovers, RSI conditions, and price action filters.
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🔸 Risk Management Engine: Includes equity stop-outs, trailing stop loss, break-even triggers, and lot size auto-calculation.
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🔸 Time Filter: Only trades during optimal sessions (London & New York).
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🔸 Fully Plug-and-Play: Minimal configuration required—just set your risk and go.
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🔸 Low Drawdown Mode: Designed to protect capital while delivering sustainable profits.
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🔸 No Grid or Martingale: A safe trading approach, making it suitable even for conservative portfolios.
Strategy Behind Happy News EA V1.0:
Happy News V1.0 follows a trend-following strategy enhanced with a news avoidance mechanism. The EA avoids entering trades during major news events using an internal economic calendar. This helps reduce large unpredictable market spikes.
The core trading logic involves:
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Exponential Moving Average (EMA) crossovers to confirm the trend.
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RSI divergence to confirm overbought/oversold zones.
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Momentum-based entries using candlestick confirmations and previous support/resistance zones.
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It then adjusts Stop Loss and Take Profit dynamically based on the Average True Range (ATR).
This multi-layered strategy ensures that entries are precise, losses are minimized, and profits are maximized during strong gold movements.
Recommended Settings:
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Currency Pair: XAUUSD (Gold)
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Timeframe: H1
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Minimum Deposit: $500
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Leverage: 1:500 recommended
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Account Type: ECN or Raw Spread
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Best Session: London + New York overlap
Who Should Use Happy News EA?
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Part-time Traders who can’t monitor the markets 24/7.
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Gold-focused Traders looking to automate smart strategies.
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Beginner Traders who want an easy setup with low risk.
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Risk-conscious Professionals who avoid martingale or grid-based EAs.
Backtesting & Live Results:
In backtests from January 2022 to May 2025, Happy News V1.0 EA has shown:
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Average monthly return: 8-12%
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Max drawdown: under 15%
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Win rate: 65-72%
Live trading confirms similar statistics with stable equity growth and low drawdown periods, especially during stable trend cycles in gold.
Build With:
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MQL4 (MetaQuotes Language)
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Economic Calendar Integration
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Adaptive ATR-based Risk Filter
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EMA, RSI, and Candlestick Logic
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