The Happy Gold EA is a fully automated forex trading robot optimized for Gold (XAUUSD). The settings panel reveals its precise money management, trade filtering, and entry/exit rules, making it suitable for professional traders seeking both scalping efficiency and risk control.
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1. Basic Information
- EA Name: Happy Gold v2.0 (Scalp)
- Magic Number: 985412 (unique ID to manage trades)
- Serial Number: Licensed copy for user security
2. Spread & Order Filters
- FilterSpread:
true– avoids trading during high spreads - MaxAverageSpread:
35– caps acceptable spread to ensure low-cost trades - SpreadTooHighDeleteOrderMin:
1– cancels pending orders if spread is too high for at least 1 minute - IntervalMin:
1 Hour– minimum time between trades for safety
Impact: This filter ensures the EA trades only in favorable low-spread conditions, critical for scalping where costs can eat into profits.
3. Lot & Risk Management
- LotVar:
1– variable lot sizing based on risk percentage - Risk:
1.0– risk per trade at 1% of account balance - FixLot:
0.01– fixed lot size if variable lot is disabled
Impact: Dynamic lot sizing allows proportional growth while controlling drawdown.
4. Trade Exit Controls
- UseTrailingStop:
true– activates trailing stop to lock in profits - TrailingStop:
20pips – distance for trailing stop adjustment - VirtualTrailingStop:
false– disables hidden trailing stop mode - UseBreakEven:
true– moves stop loss to breakeven after 10 pips profit - TakeProfit:
1000.0pips – long-term profit target for swing moves - StopLoss:
240.0pips – maximum loss per trade
Impact: Combining breakeven, trailing stop, and a large TP allows both scalping quick gains and catching extended trends.
5. Trading Days & Hours
- Trading Days: Monday–Friday enabled, Saturday & Sunday disabled
- Trading Hours:
- Weekdays: 03:00 – 19:00 server time
- Friday: closes earlier at 12:00 to avoid weekend gaps
Impact: Focuses trading during active London & early US sessions, avoiding low-liquidity and high-risk market hours.
6. Other Settings
- AutoGMT:
true– automatically adjusts for broker GMT offset - Display Settings: Font size 15, white text for clarity
- Email Alerts: Disabled
📈 Strategic Overview
The Happy Gold EA v2.0 settings indicate a low-risk, precision-based scalping approach for XAUUSD, with:
- Strict spread filtering to maintain low transaction costs
- Dynamic risk management for consistent growth
- Profit protection via trailing stops and breakeven moves
- Time-based trading windows targeting high liquidity sessions
✅ Conclusion
The configured parameters make Happy Gold EA v2.0 a scalping-focused gold trading robot that balances profit maximization with capital protection.
Its risk settings, trading hours, and spread control make it ideal for traders aiming for consistent intraday profits while avoiding high-volatility pitfalls.