Happy Gold EA is a popular XAUUSD robot. Gold EAs are built differently from currency EAs, so here is how they work in code and where to get source to study.
The strategy in code terms
A gold EA has to respect XAUUSD volatility: it usually sizes stops and targets from an ATR (average true range) rather than fixed pips, filters out thin sessions, and keeps position size small because a normal forex lot on gold is far riskier. The volatility handling is the part worth reading.
What to study in a gold EA’s source
- ATR based stops and targets.
- Session and news filters.
- Position sizing tuned for gold.
Build your own with editable source
Our free source code library and premium source codes include gold and multi symbol EAs you can open in MetaEditor to see exactly how gold volatility is handled. Start with our guides.