HamzaFX EA MT4 – Full Input Parameters Analysis (XAUUSD)
HamzaFX EA is a custom Expert Advisor (EA) built for MetaTrader 4 (MT4) with a focus on trading XAUUSD (Gold). This EA provides flexible money management, news filtering (optional), and trailing stop customization for precise risk control and strategy automation.
📌📌📌 Buy this unlimited HamzaFX EA MT4 product here 📌📌📌
🟨 General Trade Settings
| Parameter | Value | Description |
|---|---|---|
| Enter Symbols | XAUUSD | The EA is configured specifically to trade Gold (XAU/USD). |
| Magic Number | 14920 | Unique ID to differentiate this EA’s trades from others. |
| Comment | Blank | Trade comment field; can be customized for tracking. |
💰 Lot Size & Risk Management
| Parameter | Value | Explanation |
|---|---|---|
| Set Lot Calculation Method | Risk by Balance Percent | Automatically calculates lot size based on account balance and set risk. |
| Auto Risk | 1.0 | EA risks 1% of the account balance per trade — suitable for conservative to moderate trading. |
| Fix Lot | 0.1 | Optional fixed lot size if auto-risk is disabled. Currently inactive due to dynamic lot sizing. |
| Set Maximum Trades Number | 99 | Allows up to 99 open trades, though practically excessive unless grid/martingale is used (not confirmed). |
📰 News Filter Settings
| News Impact Type | Enabled? | Description |
|---|---|---|
| High Impact News | false | EA will not avoid trading during high-impact news events. |
| Medium Impact News | false | Medium-impact filtering also disabled. |
| Low Impact News | false | EA operates freely regardless of news releases. |
⚠️ Note: With all news filters disabled, the EA may trade through volatile events — suitable only for experienced users or robust strategies.
📉 Trailing Stop Settings
| Parameter | Value | Description |
|---|---|---|
| Turn on Trailing Stop | false | Currently disabled. EA closes trades based on fixed TP/SL or internal logic. |
| Trailing Stop Method | Incorporating Pip Values | Supports pip-based trailing. |
| Trailing Start in Pips | 10.0 | Trailing would begin once price moves 10 pips in profit. |
| Trailing Distance in Pips | 10.0 | SL would trail 10 pips behind price once activated. |
| ATR Period for Trailing | 20 | Uses a 20-period Average True Range (ATR) to influence trailing behavior. |
| ATR Timeframe for Trailing | 1 Day | ATR calculated on the daily chart — ideal for swing trading. |
| ATR Multiplier for Trailing | 1.75 | SL would be offset by 1.75 × daily ATR value (if trailing were enabled). |
✅ Trailing logic is present and well-structured, but currently disabled — can be activated for more dynamic exit control.
🧠 Summary: Why HamzaFX EA Stands Out
- 💸 Balance-Based Risk Management: Adjusts to account growth automatically.
- 🧩 Symbol-Specific: Optimized for Gold trading (XAUUSD).
- 📰 News Filter Ready: Has potential for volatility protection if enabled.
- 🎯 Smart Trailing Logic: Blends fixed pip logic with ATR-based flexibility.
- 🔒 Conservative Risk Profile: 1% per trade makes it suitable for prop firm tests and long-term deployment.
