Smart Lot EA V1.2 MT4 – Free Gold & Forex Trading Robot (M30)

Introduction

Every trader knows that money management can make or break your strategy. You could have the best signals in the world, but if your lot sizing is wrong, your account is at risk. That’s why YoForex designed the Smart Lot EA V1.2 MT4 — a trading robot that doesn’t just trade XAUUSD and forex pairs, but also manages position sizing in a way that’s safe, scalable, and smart.

Built for the M30 timeframe, this EA balances risk and reward while targeting consistency. With a minimum deposit of $200 (or equivalent in cent accounts), it’s perfect for small and mid-size traders who want steady growth without overexposure.

Like all YoForex bots, Smart Lot EA is 100% free to download from MQL5.software.

Overview

The Smart Lot EA V1.2 MT4 is a multi-asset Expert Advisor that uses smart position sizing logic for sustainable growth.

  • Pairs Supported: XAUUSD (gold) + all major/minor currency pairs.
  • Timeframe: M30.
  • Capital Requirement: $200 minimum.
  • Lot Sizing: Auto-adjusts based on account equity and conditions.
  • Broker Compatibility: Standard, Raw, or ECN accounts.

This EA is designed for traders who:

  • Want gold and forex coverage in one EA.
  • Prefer safe, adaptive lot sizing instead of fixed risks.
  • Need a medium timeframe (M30) system for balance between scalping and swing trading.

Key Features

• Gold & Forex Support – Trades XAUUSD plus multiple currency pairs.
• M30 Timeframe – Balances accuracy and trading frequency.
• Smart Lot Management – Adjusts trade sizes dynamically.
• Safe Risk Control – Built-in SL, TP, and trailing stop.
• No Martingale/Grid – Pure risk-controlled approach.
• Prop Firm Friendly – Meets evaluation drawdown rules.
• Low Minimum Deposit – Works from $200 or cent accounts.
• Adaptive Logic – Adjusts to volatility and account growth.
• Customizable Settings – Users can fine-tune SL/TP and lot multipliers.
• Free Updates – Continuous YoForex improvements.
• Support Ready – Help via WhatsApp & Telegram.

How It Works

The Smart Lot EA V1.2 combines trend-following logic with lot-sizing intelligence.

  1. Market Scan (M30) – Detects direction and setups.
  2. Entry Logic – Opens buy/sell orders with predefined risk.
  3. Lot Adjustment – Position size adapts to account balance and volatility.
  4. Exit Strategy – Uses fixed SL/TP or trailing stop to secure profits.

Example Flow:

  • On XAUUSD M30, EA detects bullish momentum.
  • Opens a buy with lot size based on 2% of account balance.
  • SL = ~25 pips, TP = ~50 pips.
  • If account grows, lot size increases gradually.

This approach ensures growth while keeping risk consistent.

Backtest & Results

XAUUSD (M30 timeframe, 2 years):

  • Win Rate: ~70%
  • Profit Factor: 1.88
  • Max Drawdown: 8%
  • Avg Monthly Gain: 10–14%

EURUSD (M30 timeframe, 3 years):

  • Win Rate: 68%
  • Profit Factor: 1.85
  • Drawdown: 7%

GBPUSD (M30 timeframe, 3 years):

  • Win Rate: 67%
  • Profit Factor: 1.83
  • Drawdown: 7–8%

Observations:

  • Lot sizing logic prevented excessive drawdowns.
  • Works best during London & New York sessions.
  • Gold offered higher profit swings; forex pairs gave stable balance.

Installation & Setup

  1. Download from MQL5.software.
  2. Copy EA into MQL4 → Experts.
  3. Restart MT4.
  4. Attach EA to XAUUSD or forex pair on M30 chart.
  5. Enable AutoTrading.
  6. Adjust lot/risk settings to preference.

Recommended Setup:

  • Pairs: XAUUSD, EURUSD, GBPUSD, USDJPY.
  • Timeframe: M30.
  • Min Deposit: $200.
  • Broker: ECN or raw spread.
  • VPS: Recommended for 24/7 trading.

Why Choose YoForex Tools?

YoForex is trusted worldwide for giving traders pro-level EAs for free. The Smart Lot EA V1.2 MT4 is a standout because it:

  • Focuses on adaptive lot management.
  • Works across gold + forex pairs.
  • Provides lifetime free updates + support.

Other free bots you may like:

Support 

Need help? Contact YoForex directly:

Call to Action

If you want a forex & gold robot that doesn’t just place trades but also manages lot sizing smartly, the Smart Lot EA V1.2 MT4 is your solution.

Download it free today at MQL5.software and let smart lot management work for your trading account.

YoForex – empowering traders worldwide, one free tool at a time.

Join our Telegram for the latest updates and support

Happy Trading