What's in the download
- EA filesShared exactly as we received them
- Customer portalStays in your account to download again
- UpdatesNot guaranteed. Added if we receive one
- SupportNot included, so test on a demo first
Free download in three steps
- 1Add to cartPress Download Now to add the EA to your cart. Nothing is charged at any point.
- 2Free checkoutComplete the $0 checkout. No card details are needed, and it creates your customer account.
- 3Download and testGet the files from the confirmation page, your email or your account, then try them on a demo account first.
HamzaFX EA MT4
HamzaFX EA for MT4 is a machine learning-based expert advisor that trades XAUUSD on the M15 timeframe.
With configurable risk control and trailing options, it’s free to use—but we strongly advise testing it on a demo account first due to its unpredictable behavior.
The Download Package Includes:
+ Expert: HamzaFX EA MT4 (.ex4) – Version 1.91
+ Pairs/Timeframes.txt
+ How to Install MT4 files.pdf
More Information:
+ Unknown
Live Performance Signal:
+ Unknown
Free EA, shared as we received it. Not tested by us, no support. Try it on a demo first.
- Download straight after the free checkout. The files stay in your customer account.
- Shared as we received it. Not tested by us, so results are unknown.
- No support, no promised updates, no refunds. Try it on a demo account first.
What's in the download
- EA filesShared exactly as we received them
- Customer portalStays in your account to download again
- UpdatesNot guaranteed. Added if we receive one
- SupportNot included, so test on a demo first
Free download in three steps
- 1Add to cartPress Download Now to add the EA to your cart. Nothing is charged at any point.
- 2Free checkoutComplete the $0 checkout. No card details are needed, and it creates your customer account.
- 3Download and testGet the files from the confirmation page, your email or your account, then try them on a demo account first.
Introducing HamzaFX EA for MT4
HamzaFX EA is a completely free expert advisor built for MetaTrader 4 and optimized to trade Gold (XAUUSD) on the M15 timeframe. Using what the developer claims to be a machine learning-based algorithm, it dynamically adjusts to market movements, offering features like trailing stops, risk management, and flexible lot sizing.
We’re offering this EA for free at CheaperForex.com, but we aren’t fully convinced by its logic or internal mechanics. From the backtest, it seems to behave more like a history-reader than a reliable predictive model. That said, it has returned profitable results on paper—and you’re welcome to test it at your own discretion, especially in demo mode.
🛠️ Key Features
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Symbol: XAUUSD only
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Timeframe: M15
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Lot Calculation Options:
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Fixed lot
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Risk by balance percentage
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Trailing Stop Logic:
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ATR-based
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Pip-based
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Adjustable trailing distance and period
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Max Open Trades: Up to 99 simultaneous trades
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News Filter Settings: Adjustable for high/medium/low impact events (off by default)
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Free to Use: Download and run at no cost, no license required
✅ Benefits of HamzaFX EA
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Free Forever: No strings attached. Download it, test it, and decide if it suits your style.
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Configurable Risk Control: Tailor the lot size and exposure to your personal tolerance.
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Trailing Stop Flexibility: Turn it off, go pip-based, or let it trail based on ATR—up to you.
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Basic Interface with On-Chart Display: View EA status, open positions, and live profit in real time.
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Surprisingly Profitable Backtest: Shows a gain of over $32,000 from a $10,000 deposit with 81.79% win rate (but don’t let that fool you without real testing).
📊 Proof of Results
🔹 Strategy Tester Report Summary:
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Backtest Period: 2024.09.04 – 2024.10.24 (M15)
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Initial Deposit: $10,000
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Total Net Profit: $32,991.41
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Profit Factor: 3.18
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Max Drawdown: 3.29%
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Trades: 346
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Win Rate: 81.79%
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Best Trade: $1255.43
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Worst Trade: -$437.97
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Max Consecutive Wins: 16
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Max Consecutive Losses: 5
🔹 On the Chart with Live Inputs:
❗ Frequently Asked Questions
Is this EA safe to use on a live account?
Not recommended. This EA is experimental and unverified—always test on a demo account before going live.
Does it actually use machine learning?
Supposedly. But the logic is unclear and may not meet strict ML standards.
Why offer an EA you don’t fully trust?
Transparency. Some users like to experiment with free tools. We provide it openly with full disclosure.
What symbol and timeframe should I use?
XAUUSD (Gold) on the M15 timeframe only.
Can I adjust the risk level?
Yes. You can either set a fixed lot size or configure risk based on account balance percentage.
⭐ Reviews
K.R. — 2025.05.20
“Downloaded it just for fun—actually made some decent demo profit. Definitely wouldn’t touch it with live money though.”
TradeBoy78 — 2025.05.18
“Interesting EA. I love that it’s free, but don’t expect miracles. Feels like it’s looking backwards a bit.”
Sanja — 2025.05.16
“I use it on a $5k demo and it’s running okay so far. Trailing stop settings are nice. Just be cautious.”
🧾 Conclusion
HamzaFX EA for MT4 is a free, no-license-required expert advisor that trades Gold with basic risk control and trailing features. While it looks promising in backtest results, we make no guarantees about its performance and recommend using it strictly on demo accounts for experimentation. If you like exploring unpredictable trading tools, this one’s for you.
Free download FAQ
How do I download it?
Press Download Now, then complete the $0 checkout. No card is needed. The link is on the confirmation page and in your email, and the file stays in your customer account.
Has CheaperForex tested this EA?
No. We share free EAs as we received them and have not run or vetted this one, so any claims made about it are unverified. Test it on a demo account first.
Will it work on a real account?
We do not know. Results depend on the EA, your broker and your settings, and we cannot verify any of it. Run it on a demo account and decide for yourself. Any live use is at your own risk.
Is support included?
No. Free EAs come without setup help or troubleshooting, and we cannot answer questions about settings or errors. Email support is included with our paid EAs.
Are updates or refunds included?
Neither. A newer version is added only if one reaches us, and nothing was paid so there is nothing to refund. We cannot replace or fix a file we did not build.
Why is it free?
Free EAs bring traders to the shop and let you try a file at no cost. The $0 checkout also creates your customer account, ready for the paid EAs we have tested and support.
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