HamzaFX EA MT4 v1.91 with SetFiles (Official version 1441+)

What is HamzaFX EA MT4?

HamzaFX EA for MetaTrader 4 (MT4) is a high-performance, fully automated Expert Advisor (EA) specifically optimized for trading XAUUSD (Gold). Engineered with professional-grade algorithms, this EA delivers precise trade execution, consistent profitability, and robust risk management—making it an ideal solution for traders targeting gold market opportunities.

Key Features of HamzaFX EA MT4

🔺Gold-Specific Trading Algorithm:

• Dedicated strategy for XAUUSD
• Enhanced performance for gold’s volatility and momentum

2.2. Dynamic Lot Sizing:

• Lot size calculated automatically based on equity
• Adjustable risk levels (default: 1%) for consistent money management

🔺 Customizable Risk Control:

• Aligns with prop firm guidelines and funded account limitations
• Low drawdown and 1% risk make it prop-friendly

🔺 Advanced Trailing Stop System:

• Offers both pip-based and ATR-based trailing stop logic
• Helps lock in profits and optimize exits without constant supervision

🔺 Trade Management via Magic Numbers:

• Assigns unique IDs to trades to avoid conflicts with other EAs
• Useful for multi-strategy or multi-EA portfolios

🔺 Optional News Filter:

• Avoids high-impact events
• Adds another layer of safety for risk-sensitive traders

Why choose HamzaFX EA MT4?

• Built exclusively for gold

• Simple to set up and use—ideal for beginners and pros

• Fully compatible with FTMO, MyForexFunds, and other funded programs

• Offers both fixed and dynamic TP/SL for flexibility

• Proven backtest results with over 81% win rate

HamzaFX EA MT4 Review

🔺8-Month Backtest (Initial Deposit: $100):

• Net Profit: $1.52 Million
• Win Rate: 81.69%
• Max Drawdown: 3.12%

HamzaFX EA Backtest Results

🔺$500 Capital Test:

• Net Profit: $1.96 Million
• Win Rate: 81.72%
• Max Drawdown: 2.63%

hamzaFX EA Backtests Results

🔺$1,000 Capital Test:

• Net Profit: $2.75 Million
• Win Rate: 81.63%
• Max Drawdown: 2.65%

HamzaFX EA MT4 Backtest Results

🔺$2,000 Capital Test:

• Net Profit: $4.25 Million
• Win Rate: 81.89%
• Max Drawdown: 2.58%

HamzaFX EA MT4 v1.91 with SetFiles (Official version 1441+)

What’s Included in the HamzaFX EA MT4 Package?

• Expert File: HamzaFX EA v1.91_fix.ex4
• Preset File: Gold_Autolot_Risk1%.set

>>> Join VIP Membership Now <<<

How To Set Up EA

HamzaFX EA v1.91_fix is a gold-focused Expert Advisor tailored for the XAUUSD pair, built with customizable risk management and trailing stop strategies. The configuration emphasizes manual control, precise lot sizing, and potential scalability for high-frequency or grid-based trading setups.

HamzaFX EA MT4 setting

🟢 Step 1: Install the EA in MetaTrader 4

1. Download the HamzaFX EA v1.91_fix .ex4 file.
2. Open MT4 → File → Open Data Folder → MQL4 → Experts.
3. Paste the file into the Experts folder.
4. Restart MT4.
5. Attach the EA to a XAUUSD (Gold) chart (preferably 1H or 4H).
6. Enable AutoTrading.

🟢Step 2: Recommended Settings (Default Configuration)

🔺Risk Management

• Set lot calculation method = Risk by balance percent
• Auto risk = 1.0 → EA risks 1% per trade (moderate risk).
• Fix lot = 0.1 → Only used if fixed lot method is selected.

🔺Trade Execution Logic

• enter symbols = XAUUSD → Only trades Gold.
• magic number = 14920 → Keeps trade IDs unique.
• Set maximum trades number = 99 → Allows grid or martingale strategies.

🔺News Filter & Safety

• high/medium/low impact news filter = false
  ➤ No news filter – EA trades through all conditions.
  ➤ Manual deactivation recommended during NFP or CPI events.

🔺Trailing Stop (Currently Disabled)

• turn on trailing stop = false

• Optional: Enable trailing for active profit protection:

  • Trailing start = 10 pips

  • Trailing distance = 10 pips

  • ATR Period = 20, Timeframe = 1 Day, Multiplier = 1.75
    ➤ Ideal for short-range swing trades with volatility filtering.

🟢 Broker & Trading Environment

• Best on XAUUSD with low-spread, high-leverage ECN brokers
• Works on MT4 with fast execution speed
• Ensure margin and trade limits support grid-style strategies

🟢 Who Should Use HamzaFX EA v1.91_fix?

🔺Ideal For:

• Intermediate to advanced traders
• Gold scalpers using grid or layered entries
• Accounts starting from $500+
• Users who manually monitor news events & trailing behavior

🔺Not Suitable For:

• Fully automated “set-and-forget” trading
• High-impact news environments without supervision
• Beginners unfamiliar with risk & trade management

Conclusion

In summary, HamzaFX EA is a powerful and fully automated trading robot specifically designed for XAUUSD (Gold) on the MetaTrader 4 platform. Engineered for high accuracy and consistent performance, HamzaFX EA delivers exceptional results with a proven win rate of over 81% and backtest reports showing multi-million-dollar profits from small initial deposits. Built with advanced risk management, smart trailing stop functionality, and prop firm compatibility, HamzaFX EA is ideal for traders who want reliable, hands-free gold trading. Whether you’re a conservative trader focusing on drawdown control or a professional looking for automated execution, this Expert Advisor provides the precision, stability, and profit potential you need for long-term success in the gold market.

>>> Reviewed by Jason Stap <<<