Most traders lose not because their analysis is wrong, but because emotions ruin execution. Impulsive trades, missed exits, and poor money management — they all eat away at profits. That’s exactly why SmartFX Trading Bot EA V1.0 (MT4) was created — to give traders an emotion-free, rule-based automation tool that works consistently.
This EA isn’t a “get rich quick” gimmick. It’s a discipline-driven Expert Advisor that focuses on risk control, accurate entries, and stable long-term growth. Whether you’re a beginner tired of overtrading or a professional managing multiple accounts, SmartFX EA brings the structure you need to stay consistent — without babysitting charts all day.
What Is SmartFX Trading Bot EA?
SmartFX Trading Bot EA V1.0 is a MetaTrader 4 automated Expert Advisor built to identify and trade high-probability setups in trending and volatile markets.
It uses a dual-engine strategy:
- Trend recognition logic to define the broader market direction, and
- Price-action confirmation filters to validate short-term entries.
Once conditions match, the EA opens, manages, and closes trades automatically — with built-in volatility control, trailing stops, and capital protection.
Supported Pairs: EURUSD, GBPUSD, USDJPY, XAUUSD (Gold)
Recommended Timeframes: M15, M30, H1
Minimum Deposit: $100–$250
Best Account Type: ECN (for low spreads and accurate execution)
Stand-Out Features
- Hands-Free Automation – Detects and trades setups without manual input.
- Hybrid Strategy Logic – Merges trend and price-action patterns for smarter entries.
- ATR-Based Stop & Target Levels – Adjusts dynamically to market volatility.
- Smart Trailing Stop – Protects profit once a position gains momentum.
- No Martingale or Grid – Trades are fully independent with fixed risk per position.
- Multi-Pair Compatibility – Trade multiple symbols safely at once.
- Daily Drawdown Guard – Stops trading automatically if max loss is reached.
- News Protection – Avoids trading during high-impact events.
- Backtested Reliability – Proven results across multi-year datasets.
- Prop-Firm Safe – Risk structure aligns with popular evaluation rules like FTMO or MFF.
How It Works
- Trend Detection:
The EA reads multiple timeframe data and moving averages to determine dominant direction. - Signal Validation:
It confirms entries using momentum indicators and candle pattern logic to ensure the move is genuine, not a fake breakout. - Trade Management:
The EA automatically places stop-loss and take-profit orders, moves them to break-even when profitable, and applies trailing logic to ride trends longer.
Recommended Settings
Setting Suggested Value
Risk per Trade 0.5% – 1%
Max Trades per Pair 2
Timeframe M15–H1
Stop Loss 2 × ATR(14)
Take Profit 1.5–2 × SL
Break-Even Activation After +1R gain
Trailing Step 15–25 points (majors), 40–60 for gold
Trading Sessions London & New York
Max Daily Drawdown 4–5%
Spread Filter Rejects entries above 1.5× average spread
Pro Tip: If trading XAUUSD, increase SL slightly and enable the trailing feature later (after +1.5R).
Backtest Results
Symbol: EURUSD (M15 timeframe)
Duration: 2019–2024
Initial Capital: $1,000
Net Profit: $4,030 (+403%)
Max Drawdown: 7.3%
Profit Factor: 1.85
Win Rate: 63%
Average Monthly Gain: 4–6%
The backtests show steady performance over several market cycles — trending, ranging, and volatile. When used with gold (XAUUSD), profits rise slightly with a small bump in volatility exposure.
Installation & Setup Guide
- Download: Get the EA file from YoForexEA.com.
- Install: In MT4, go to File → Open Data Folder → MQL4 → Experts and paste the EA file.
- Restart MT4: Refresh or restart to load the EA.
- Attach to Chart: Drag the EA onto your desired pair and timeframe.
- Enable Auto-Trading: Make sure the “AutoTrading” button is green.
- Adjust Risk Settings: Choose a preset (Conservative or Standard) or set your preferred % risk.
- Run on Demo: Test for at least 10–14 days before switching to live trading.
Prop-Firm Configuration
- Risk per Trade: 0.25–0.5%
- Max Daily Loss: 3%
- Max Overall Drawdown: 8–10%
- News Filter: Keep enabled
- Trade Frequency: 3–6 trades per week
- Trading Hours: Major sessions only
Real-World Results Snapshot
- On a live $1,000 ECN account (IC Markets):
- Monthly Gain: 5.4%
- Max Drawdown: 6.2%
- Average Win Rate: 58–63%
- Risk/Reward: 1:1.9
- Consistency: 11 out of 12 months profitable
Why Traders Prefer SmartFX EA
There are hundreds of forex bots out there — but SmartFX EA stands out for one simple reason: realistic risk and reliable performance.
It’s engineered and maintained by YoForex, a trusted name in forex automation and strategy development. Every EA undergoes live testing, optimization, and periodic updates.
You’re not buying hype — you’re downloading a well-tested tool from a developer that values transparency.
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Support & Community
Having trouble setting up or optimizing your bot? We’re here to help.
WhatsApp: https://wa.me/+443300272265
Telegram Group: https://t.me/yoforexrobot
Disclaimer:
Trading forex involves risk. Always test new systems on demo accounts before going live. Historical results do not guarantee future outcomes.
Call to Action
Ready to make your trading smart, not stressful?
👉 Download SmartFX Trading Bot EA V1.0 for MT4 today from YoForexEA.com — it’s free, tested, and easy to set up.