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 -