Goldara

SmartMoneyPro EA

ICT / Smart Money Concepts + Advanced Risk Management

SmartMoneyPro EA is an automated MT5 trading system designed around market-structure concepts inspired by ICT and Smart Money Concepts (SMC).

The EA analyzes Break of Structure (BOS), Change of Character (CHoCH), liquidity sweeps, inducement, Order Blocks, Fair Value Gaps (FVG/iFVG) and combines them with momentum and higher-timeframe trend confirmation before entering a trade.

Its multi-layer risk-management system is designed to control exposure at the trade, daily, and account level.

No Martingale • No Grid • No Averaging

⭐ BACKTEST PERFORMANCE

XAUUSD | H1 | Jan 2024 – Aug 2026 | $200,000 Initial Balance

Metric	Result
Net Profit	$75,725 (+37.86%)
Profit Factor	1.88
Maximum Equity Drawdown	$8,350 (3.88%)
Win Rate	71.60%
Winning Trades	290 / 405
Long Win Rate	76.52%
Short Win Rate	65.14%
Sharpe Ratio	3.12
Linear Regression Correlation	0.96
Recovery Factor	9.07
Expected Payoff	$187 / trade
Average Trades / Month	~13–17

Important: Past backtest performance does not guarantee future results. Actual results may vary depending on broker conditions, spread, slippage, execution, leverage and market conditions.

⏰ ICT KILL ZONE FILTER

Trading activity can be restricted to configurable institutional trading sessions:

• Asian: 02:00–05:00 UTC
• London: 07:00–11:00 UTC
• New York: 13:00–16:00 UTC

Each session can be configured independently.

🎯 MULTI-LAYER CONFIRMATION 💰 ADVANCED MONEY MANAGEMENT

1. Volatility-Adjusted Position Sizing

Position size is calculated from the actual Stop Loss distance.

Risk Amount = Account Balance × Risk %

The EA automatically adjusts lot size according to the SL distance.

• Wider SL → smaller position
• Tighter SL → larger position

This keeps the intended monetary risk more consistent across different market conditions.

Two sizing modes are available:

• Percentage Risk
• Fixed Lot Size

2. Three-Level Take Profit + Automatic Breakeven

Default configuration:

TP1 → 1R

• Close 50%
• Move SL to breakeven

TP2 → 2.5R

• Close 25%

TP3 → 3.5R

• Final 25% remains open

After TP1, the remaining position is protected at the entry level under the default breakeven logic.

3. Daily Drawdown Protection

The EA monitors daily equity performance.

When the configured daily drawdown limit is reached:

• Open positions can be closed
• Pending signals are cancelled
• New trading is stopped for the remainder of the day

The daily protection resets automatically on the next trading day.

Default: 2.5%

4. Total Drawdown Protection

The EA also provides an account-level drawdown guard.

When the configured maximum drawdown is reached:

• Positions are closed
• New signals are disabled
• Trading remains disabled until the EA is restarted/configuration is reset

Default: 9.0%

5. High-Watermark Adaptive Risk

The EA tracks the highest equity reached since initialization.

Risk can automatically adjust according to the account's performance.

Normal Performance

When equity remains close to the high watermark:

Full configured risk

Drawdown Mode

When equity falls approximately 3% or more below the high watermark:

Risk is automatically reduced

Recovery

When equity recovers:

Configured risk is restored

Example — $200K Account

Base Risk: 0.55%

Normal mode:
$1,100 risk / trade

Reduced-risk mode:
$550 risk / trade

This mechanism is designed to reduce exposure during unfavorable periods.

6. Daily Losing Trade Limit

The EA can monitor completed losing trades during the trading day.

After the configured number of losses:

No new positions are opened until the next trading day.

Default:

Maximum losing trades per day: 2

7. Daily Profit Lock

When the configured daily profit target is reached, the EA can stop opening new trades for the remainder of the day.

Default:

1.5% daily profit lock

Example on $200K:

1.5% = $3,000

This feature is designed to help protect accumulated daily gains.

8. No-Hedge Mode

The EA can prevent opposite-direction positions while an existing position is active.

Default: Enabled

This is useful for traders who want a single-direction trading approach.

If supported by the account/broker and desired by the user:

NoHedge = false

can allow simultaneous long and short positions.

📊 MULTI-TRADE CONTROL

The MaxTrades setting controls the maximum number of simultaneous positions.

MaxTrades = 1

One position at a time.

Recommended configuration for controlled-risk trading.

MaxTrades = 2

Up to two simultaneous positions.

MaxTrades = 3+

Multiple signals can remain active simultaneously.

Depending on the NoHedge setting, the EA can allow:

• Multiple positions in the same direction
• Long and short positions simultaneously

Risk-management protections continue to operate at the overall account/basket level.

🔒 FRIDAY WEEKEND PROTECTION

The EA can automatically close open positions before the weekend.

Default: Friday 20:00 UTC

This helps reduce exposure to weekend gaps and market reopen volatility.

⌛ SIGNAL EXPIRY & INVALIDATION

Every detected setup can be stored temporarily in a signal queue.

A signal is cancelled when:

• The structural setup becomes invalid
• Price moves beyond the invalidation condition
• Entry confirmation is not received within the configured expiry period

Default signal expiry: 20 bars

This prevents old setups from triggering after market conditions have changed.

🏦 PROP-FIRM RISK CONFIGURATION

Example configurations:

$200K Account

MaxDailyDDPct = 2.5% MaxTotalDDPct = 9.0% RiskPct = 0.55%

$100K Account

MaxDailyDDPct = 2.5% MaxTotalDDPct = 9.0% RiskPct = 0.55%

$50K Account

MaxDailyDDPct = 2.5% MaxTotalDDPct = 9.0% RiskPct = 0.55%

Position sizing automatically adjusts according to account balance and Stop Loss distance.

Always verify the exact drawdown, leverage, trading-hour, news, overnight, and position-size rules of your own prop firm before using the EA.

⚙️ RECOMMENDED SETUP

Symbol: XAUUSD (Gold)
Timeframe: H1
Risk: 0.55%
Trading Style: Structure-based / Swing-Intraday
Broker: ECN / Raw Spread preferred
Recommended Gold Spread: Below 20 points
VPS: Recommended for reliable automated execution

The XAUUSD H1 configuration is the tested configuration presented above.

Other symbols and timeframes should be independently backtested before live use.

❓ FAQ

Is this a Martingale EA?

No.

The EA does not use martingale lot multiplication.

Does it use a grid?

No.

There is no grid-based averaging system.

Does it average losing positions?

No.

Each position follows its own defined entry, SL and TP management.

Does the EA repaint?

The strategy is designed to use confirmed candle/structure conditions rather than relying on future bars.

Can I use it on other symbols?

Yes, the EA can run on MT5-supported symbols.

However, the published performance is specifically based on:

XAUUSD H1

Other symbols and timeframes should be tested independently.

Is a news filter included?

No dedicated economic-news filter is included.

Users should consider manually disabling the EA around major events such as:

• NFP
• FOMC
• CPI
• Major central-bank announcements

Is a VPS required?

A VPS is recommended for continuous automated execution and consistent session timing.

What account size is recommended?

The EA can be configured for different account sizes. The examples above demonstrate risk configurations for $50K, $100K and $200K accounts.

Always determine the appropriate risk level based on your broker and account rules.

📦 WHAT'S INCLUDED

When purchasing SmartMoneyPro EA, you receive:

• SmartMoneyPro EA (.ex5)
• Recommended configuration / .set file
• Installation & setup instructions
• Recommended risk-management settings
• XAUUSD H1 backtest report
• Strategy configuration information

🚀 WHY SMARTMONEYPRO?

✔ ICT / SMC-inspired market structure
✔ BOS / CHoCH detection
✔ Liquidity & inducement sweep logic
✔ Order Block analysis
✔ FVG / iFVG analysis
✔ H4 trend confirmation
✔ momentum confirmation
✔ Automatic position sizing
✔ Multi-level Take Profit
✔ Automatic breakeven
✔ Daily drawdown protection
✔ Total drawdown protection
✔ Adaptive high-watermark risk
✔ Daily loss limit
✔ Daily profit lock
✔ No-Hedge option
✔ Multi-trade control
✔ Friday close protection
✔ Signal expiry & invalidation
✔ No Martingale
✔ No Grid
✔ No Averaging

SmartMoneyPro EA

Structure-based automated trading with advanced risk management.

Designed for traders who want systematic execution, controlled risk and rule-based market-structure analysis.

Trade systematically. Manage risk intelligently. Let the algorithm execute the plan.

Risk Disclosure: Automated trading involves substantial risk. Backtest results are hypothetical and do not guarantee future performance. Market conditions, spreads, slippage, execution speed, broker specifications and trading costs can materially affect live results. Never risk capital you cannot afford to lose.