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SmartChoise is an MT5 expert advisor built for gold (XAUUSD) on the M1 chart. It combines a neural network engine with optional support and resistance and candlestick entries, adjustable risk levels and a recovery module.
Get one message the moment it launches, with its price.
SmartChoise is an expert advisor for MetaTrader 5 that trades gold (XAUUSD) on the one-minute chart. It is described as using a neural network to read current market data, and it can be extended with optional support and resistance and candlestick strategies.
The main engine decides when to open trades based on its neural network model and the current trend. Lot size is calculated dynamically from factors such as equity and trend strength rather than being fixed, unless you choose a fixed lot yourself. Each trade carries a comment showing which module opened it: NN for the neural network, SR for support and resistance, CD for candlestick patterns and R for recovery.
The support and resistance and candlestick modules are off by default. Turning them on gives the EA more ways to enter and usually more trades, which also means more exposure to the market.
The recovery system tries to work a losing sequence back over time. It needs room to absorb drawdown, so it is a poor match for very small balances. Turning it off, using a fixed lot size, or setting a very small hard stop changes how the EA behaves and can raise risk, so study these choices before going live.
The EA is built for XAUUSD on M1. Gold can move fast and spreads can widen around news, so broker execution quality matters. A max spread input lets the EA stay out of the market when conditions are poor.
Check the user manual and the inputs window for exact names and defaults, as they may differ slightly from the list below.
| Setting | Purpose |
|---|---|
| Risk level | Low, Medium, High or Extreme exposure |
| Trading style | Conservative (fewer trades) or aggressive (more trades) |
| Hard stop % | Limits the maximum daily drawdown as a percentage |
| Max spread | Blocks entries when the spread is too wide |
| Trailing stop | Virtual stop levels managed inside the EA, not shown to the broker |
| News filter | Pauses entries around events by impact level and buffer time |
| Magic number | Separates trades when running several charts |
Trading carries risk and past results, including backtests, do not predict future ones. A model trained on historical data may behave differently on a live account, so rely on forward testing on a demo account rather than on tester results alone.
Start on a demo account, review the results over a meaningful period, and only then consider live use with settings that fit your account size.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (expert advisor) |
| Strategy focus | Gold or XAUUSD, Trend, Support and resistance |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Automated trading, neural network based entries |
| Market | Gold, XAUUSD |
| Timeframe | M1 |
| Trade style | Trend following with optional support and resistance and candlestick entries |
| Risk controls | Risk level, trading style, hard stop percentage, max spread |
| Requirements | Algo trading enabled; WebRequest allowed if the news filter is used |
| Account advice | Test on demo first; a cent account is suggested for small balances |
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No. This product is written for MetaTrader 5 only. It will not load in MetaTrader 4, so check which platform your broker account uses before buying.
It is designed for gold, usually quoted as XAUUSD, on the M1 chart. Broker symbol names often carry a suffix or prefix, so confirm the exact gold symbol offered by your broker and attach the EA to that chart.
Use caution. The recovery module needs room to absorb drawdown, and a lot size that is too large for the balance can raise risk sharply. Smaller balances should stick to the Low or Medium risk levels, consider a cent account, and use the hard stop percentage. Always run a demo account first.
The news filter downloads a calendar of scheduled events, and MetaTrader 5 only allows this for web addresses you have approved. Open the platform options, go to the Expert Advisors tab, and add the address given in the user manual. If you do not use the news filter you can leave it switched off.
Yes, provided each chart uses a different magic number so the EA can tell its trades apart. Keep the combined exposure in mind, because several charts on the same gold market add up.
Updates are handled through the store download page, so check there for the latest package. This page does not describe any specific release.
SmartChoise
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