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:




  • 🔸 Auto News Filter: Skips high-impact news periods to avoid unnecessary drawdowns.




  • 🔸 Optimized for Gold (XAUUSD): Tuned to perform on the H1 chart for maximum clarity and accuracy.




  • 🔸 Smart Entry & Exit Logic: Uses EMA crossovers, RSI conditions, and price action filters.




  • 🔸 Risk Management Engine: Includes equity stop-outs, trailing stop loss, break-even triggers, and lot size auto-calculation.




  • 🔸 Time Filter: Only trades during optimal sessions (London & New York).




  • 🔸 Fully Plug-and-Play: Minimal configuration required—just set your risk and go.




  • 🔸 Low Drawdown Mode: Designed to protect capital while delivering sustainable profits.




  • 🔸 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:




  • Exponential Moving Average (EMA) crossovers to confirm the trend.




  • RSI divergence to confirm overbought/oversold zones.




  • Momentum-based entries using candlestick confirmations and previous support/resistance zones.




  • 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:




  • Currency Pair: XAUUSD (Gold)




  • Timeframe: H1




  • Minimum Deposit: $500




  • Leverage: 1:500 recommended




  • Account Type: ECN or Raw Spread




  • Best Session: London + New York overlap






Who Should Use Happy News EA?




  • Part-time Traders who can’t monitor the markets 24/7.




  • Gold-focused Traders looking to automate smart strategies.




  • Beginner Traders who want an easy setup with low risk.




  • 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:




  • Average monthly return: 8-12%




  • Max drawdown: under 15%




  • 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:




  • MQL4 (MetaQuotes Language)




  • Economic Calendar Integration




  • Adaptive ATR-based Risk Filter




  • EMA, RSI, and Candlestick Logic