A Happy Gold – golden grail for the trader
EA Happy Gold is intended mainly for trading on the XAUUSD pair on the M15, M30 and H1 timeframes. The EA does not use dangerous trading methods such as Martingale, grid, hedging, averaging and others, and at the same time it shows good results. It has a low drawdown with medium trading risks. And it is sold bundled with other equally interesting advisers for €299.
Сharacteristics of the EA Happy Gold v2.0
Official website: happyforex.de
Platform: Metatrader4
EA version: 2.0
Currency pairs: Gold (XAUUSD)
Trading Time: Around the clock (can be limited in settings)
Timeframe: M15-H4, but recommended M30
Minimum deposit: $100 (or 100 USD cents, best conditions here ➔ ProCent)
Recommended broker: Roboforex, XM, RAW account
Trading algorithm
To enter the market, EA Happy Gold uses a modified ZigZag indicator, at the top of which it places pending orders with fixed TP and SL. When one of the orders is triggered, the other order is removed, and the EA accompanies the open position by trailing with a dynamic TakeProfit:
how-works-ea-happy-gold
Backtests of the Happy Gold MT4 Robot
I have tested this EA with different Risk settings in time frames from 2017 to 2022 with 99.9% modeling quality:
Risk = 0backtest-happy-gold-ea-risk-0
Risk = 1backtest-ea-happy-gold-risk-1
Risk = 5backtest-happy-gold-ea-risk-5
Risk = 20backtest-happy-gold-ea-risk-20
As you can see, I only used the TimeFrame M30, since the tests on other TFs were unsatisfactory. Apparently these settings, which are set by default, are optimized only for the M30. Of course, you can optimize for other timeframes, but this will take a lot of time.
The tests show that the highest profit corresponds to the highest risk and, as a result, has the highest drawdown. Therefore, for the safety of your capital, I do not recommend using Risk > 5.
This is a video from EA developer Happy Gold, but for a much earlier version v1.0:
Real performance monitoring
On the official site, in addition to backtests, the authors offer us a lot of monitoring on MyFXBook, FXStat, and FXBlue. I will list just a few of them here:
Real (USD) Happy Gold v2.0 M30EA Happy Gold – golden grail for the trader
Real (USD) Happy Gold v2.0 M15EA Happy Gold – golden grail for the trader
Happy Gold Live Trading –
Settings
When installing an EA on a chart or when changing timeframes, an alert appears with a message about the key:
alert-with-key
But no key is needed for the EA to work. However, if this confuses you, you can purchase a license and many bonuses from the developers at this link.
The EA settings are already pre-optimized to the maximum for the M30, but you can change anything at your discretion.
All settings of the Happy Gold EA v2.0
A few recommendations
Timely fixation and withdrawal of the profit earned by the adviser in order to prevent the loss of all money in the account.
Do not invest money that you are not ready to lose, so that later it will not be excruciatingly painful.
Do not use aggressive settings that increase the risk of losing your deposit.
Use a reliable broker with a low spread.
Insure yourself against possible loss of connection with your trading account by installing an advisor on a VPS.
In the archive Happy_Gold_v2.rar (992.8 KB):
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