
Smart Gold Hunter is an MT5 expert advisor for XAUUSD that opens one trade at a time with a fixed stop loss and take profit. It offers several trading profiles and built-in protection filters, and it uses no grid or martingale.
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Smart Gold Hunter is an expert advisor for MetaTrader 5 that trades gold, usually quoted as XAUUSD. It places single trades with a defined stop loss and take profit rather than building a basket of averaging positions.
Each signal produces one position that carries its own protective stop and target. The EA does not add to losing trades, hedge them or raise the lot size after a loss. Risk is meant to be controlled by trade size, the stop distance and the protection filters you enable.
The EA is designed for gold. Use XAUUSD or whatever name your broker gives the instrument, for example XAUUSDm or GOLD. Attach it to a single gold chart. The profile and settings you choose matter more than the chart timeframe, so confirm the recommended arrangement in the documentation and test it before trading live. Gold conditions vary a lot between brokers, so low spreads, fast execution and low slippage are important.
Exact input names and values can differ between releases, so open the inputs window and read the supplied guide. The main groups are:
| Group | Purpose |
|---|---|
| Profile selection | Chooses between the ready-made trading styles or Custom Mode |
| Lot size and risk | Sets position size; start small and check it against your account |
| Daily limits | Daily profit target and daily loss limit |
| Equity protection | Stops trading if account equity falls past a chosen level |
| Filters | High-impact news filter and spread protection |
| Session controls | Daily market-close protection and Friday close protection |
| Execution options | Break even, hide initial stop loss, entry randomizer |
A panel on the chart shows the EA's current status while it runs.
Gold moves quickly and can gap or widen spreads around news. Backtests are useful for understanding behaviour but cannot reproduce live spread, slippage, commission or latency, and the gap can be larger for the faster profiles. Keep a reasonable margin between tester results and what you expect live.
Trading carries risk and you can lose money. Past results, including backtests and signal histories, do not predict future ones. Test on a demo account first and never risk more than you can afford to lose.
A VPS is advisable if you want the EA to run around the clock. Confirm that your broker permits automated trading on gold before you start.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (expert advisor, .ex5) |
| Strategy focus | Gold or XAUUSD, Signals |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Available |
| Version | 2 |
| Last updated | 29 Oct 2026 |
| Download size | 130 KB |
| Category | Expert advisor, automated trading |
| Markets | XAUUSD / gold (broker symbol may be XAUUSDm, GOLD or similar) |
| Timeframes | Attach to a gold chart; the chosen profile matters more than the timeframe |
| Trade style | Single entry with stop loss and take profit, no averaging |
| Profiles | Striker, Ultimate Scalper, Swinger, Prop Scalper, PRR Scalping, Custom |
| Protection | Daily targets and limits, equity, news, spread, market-close and Friday close |
| Requirements | Algo trading enabled; low-spread gold broker and a VPS are advisable |
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No. Smart Gold Hunter is built for MetaTrader 5 and will not load in MetaTrader 4. You need an MT5 account and terminal.
Attach it to a gold chart such as XAUUSD, or your broker's equivalent name such as XAUUSDm or GOLD. The selected profile and settings influence behaviour more than the chart timeframe, so test your choice on a demo account first.
No. It opens a single position per trade with a stop loss and take profit. It does not add recovery positions, hedge, or increase lot size after a loss.
The protection options and the Prop Scalper profile are aimed at that style of trading. Every prop firm has its own rules on news trading, stop losses, holding times and drawdown, so check them against your settings before going live.
Not necessarily. Spread, slippage, commission, execution speed, price feed and VPS quality all affect live trading, especially for the faster profiles. Trading carries risk and past results do not predict future ones.
It is not technically required, but a VPS helps the EA run continuously with stable execution, especially on live and prop firm accounts.
Smart Gold Hunter
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