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GS smart5 is a grid expert advisor for MetaTrader 5 that combines trend detection, a news filter, hedging and a drawdown limit. It is aimed mainly at XAUUSD on M5 and includes presets for other symbols.
Get one message the moment it launches, with its price.
GS smart5 is a grid-based expert advisor for MetaTrader 5. It adds trend detection, a news filter, hedging and a risk manager to its averaging logic. It is aimed mainly at gold (XAUUSD) on the M5 chart, but it also includes presets for other symbols.
The EA opens a series of orders in a grid and manages them as one group. It reads the trend on several timeframes (M5, M15, H1 and D1) and can trade with the trend or against it, depending on the mode and strategy you choose. When a series moves into loss, the EA can respond in more than one way. It can place pending orders or open a position opposite to the losing one as a hedge, or it can close the loss and wait for the trend to resume.
The interactive panel lets you switch between three behaviours while the EA is running:
The news panel can use the built-in terminal calendar or the Investing.com website. It can react to the moment a release is published and also to an accumulated impact index for the currency pair being traded. A separate indicator panel shows the trend state for the four timeframes and tracks results since the EA was started.
The strategy list includes a free set (the default), EURUSD H1, GBPUSD H1, XAUUSD M5, BTCUSD M5, buy-only and sell-only variants for XAUUSD M5, and two maximum-intensity buy and sell presets on M5. The EA is designed for USD accounts and can adjust to other instruments, including indices and cryptocurrencies. Symbol names, contract sizes and spreads differ between brokers, so check these before running it live.
The exact inputs and their defaults should be confirmed in the EA's input window after you attach it. The main groups are listed below.
| Setting group | Purpose | What to check |
|---|---|---|
| Strategy | Selects a preset or the free set | Match the preset to the symbol and timeframe |
| Risk manager | Sets the drawdown limit and daily profit lock | Confirm the default limit and adjust it to your account |
| Hedge zone | Limits drawdown before hedging begins | Check whether your account type allows hedging |
| News | Chooses the calendar source and impact handling | Test the data source in your terminal |
| Time filter | Restricts sessions, weekdays and time slots | The final ban is the sum of all restrictions |
Grid, averaging and hedging systems can hold several positions in the same direction while price moves against them. Floating losses can grow quickly, and a drawdown limit does not guarantee that losses stay within a set amount, because of slippage, gaps and widening spreads.
Trading carries risk, and past results, including tester results and any shown on the marketplace, do not predict future ones. Only trade with money you can afford to lose.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 |
| Strategy focus | Gold or XAUUSD, Trend, Grid |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor |
| Main market | XAUUSD (gold), with presets for BTCUSD, EURUSD and GBPUSD |
| Suggested timeframes | M5 for gold and Bitcoin; H1 for the EURUSD and GBPUSD presets |
| Trade style | Grid, averaging, trend following, counter-trend, hedging |
| Account currency | Designed for USD accounts |
| Requirements | Algo trading enabled; check news and WebRequest settings |
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No. This product is an MT5 expert advisor and will not run on MT4. Check that your broker offers an MT5 account before buying.
The tool is built mainly around XAUUSD on the M5 chart. It also ships presets for EURUSD H1, GBPUSD H1 and BTCUSD M5. Pick the matching strategy in the inputs, and test any other symbol on a demo account first.
Yes. A free set option lets you combine parameters yourself. There are also buy-only and sell-only gold presets and two maximum-intensity presets. Check each preset on a demo account before using it live.
It combines a hedging routine, a routine that closes series likely to lose, and a risk manager with a drawdown limit. These reduce exposure but do not remove it. Grid and averaging methods can still produce large drawdowns.
It is designed to adapt to different instruments and is intended for USD accounts. Symbol names, spreads, execution speed and hedging permissions differ between brokers, so test on a demo account with your own broker first.
The news panel can use the built-in terminal calendar or the Investing.com website. If you choose the website option, check that your terminal allows the web access it needs.
GS smart5
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