Tired of random robots that drain your account faster than they profit? Then you’ll love SmartFX Trading Bot EA V1.0 MT4, a lightweight yet seriously intelligent trading system by YoForex.

This free Expert Advisor is crafted for traders who want fast, controlled, and consistent results on MetaTrader 4. Whether you scalp XAUUSD, EURUSD, or GBPUSD, SmartFX Bot adapts to volatility and executes precision entries using built-in AI signal filters. No martingale, no grid—just pure logic.

Let’s break down what makes SmartFX one of the most promising free trading bots on MQL5.software, and why thousands of traders are switching to it for both demo and prop-firm trading.

Overview

SmartFX Trading Bot EA V1.0 MT4 is a semi-aggressive AI-driven scalper developed by YoForex’s Quant Research Lab. It leverages short-term momentum bursts, filtered through real-time volatility checks, to identify high-probability entries on major pairs and gold.

The EA thrives on M1–M15 timeframes, where it spots micro-trends early and closes trades quickly to avoid large reversals. It’s ideal for traders seeking 1–3% daily gains with tight drawdown control (usually <5%).

Key Focus:

  • Maximize returns while protecting equity.

  • Maintain strict compliance with prop-firm trading rules.

  • Trade multiple symbols simultaneously with minimal VPS usage.

Pairs: XAUUSD, EURUSD, GBPUSD, USDJPY
Timeframes: M1, M5, M15
Minimum Deposit: $50
Leverage: 1:200 or higher

Key Features

  • AI-Powered Market Filter – Detects volatility clusters and eliminates low-quality trades.
  • No Martingale or Grid – Every trade has a fixed risk and logical exit.
  • Dynamic Lot Sizing – Adjusts position size based on account equity and volatility.
  • Smart Trailing Stop – Automatically locks in profits as the market moves in your favor.
  • Session-Aware Logic – Trades primarily during London and NY sessions when liquidity is highest.
  • Prop-Firm Friendly Mode – Built-in daily drawdown and loss caps.
  • Equity Protection Shield – Pauses trading if account equity drops below threshold.
  • Auto News Filter – Stops new trades around major economic events.
  • Low Latency Ready – Optimized for ECN execution on 1:500 leverage accounts.
  • Simple Setup – No complex optimization required—plug, play, and watch.

Backtest Results & Performance Proof

YoForex’s internal QA team ran SmartFX Trading Bot EA V1.0 MT4 across multiple datasets from 2019–2024. Here’s what we found:

XAUUSD (M5) – 3-Year Backtest:

  • Initial Deposit: $500
  • Net Profit: $13,420
  • Max Drawdown: 4.8%
  • Profit Factor: 1.82
  • Win Rate: 63%
  • Avg Daily Return: 1.3%

EURUSD (M15) – 2-Year Backtest:

  • Net Profit: $4,920
  • Drawdown: 5.4%
  • Profit Factor: 1.59
  • Trades/Month: 70–90

GBPUSD (M1) – 1-Year Backtest:

  • Net Profit: $2,700
  • Max DD: 5.1%
  • Sharpe Ratio: 0.91

How to Install & Configure

Installation (MT4)

  1. Download the EA from MQL5.software:
    👉 https://mql5.software/download/smartfx-trading-bot-ea-v1-0-mt4
  2. Open MetaTrader 4 → click File → Open Data Folder → MQL4 → Experts.
  3. Paste the EA file (SmartFX_Trading_Bot_EA_V1.0.ex4) inside.
  4. Restart MT4 or refresh your Navigator window.
  5. Attach the EA to any M1/M5/M15 chart (preferably XAUUSD or EURUSD).
  6. Enable AutoTrading and Allow DLL imports.
  7. Adjust risk % per trade (default 0.5%).

Why Choose YoForex Bots?

Every YoForex tool, including SmartFX Trading Bot EA V1.0 MT4, is built with the philosophy of “automation with accountability.”

We don’t believe in selling hype—we deliver performance. All EAs go through:

  • Backtesting across multiple brokers
  • Forward demo verification
  • Community feedback tuning
  • Free lifetime updates

YoForex has over 25+ proprietary bots on MQL5.software—ranging from AI scalpers to grid hedging systems. All verified, all free.

Support & Contact

Need help setting up or optimizing SmartFX Bot? We’re available 24×7.

Disclaimer: Trading is risky. Always backtest and use demo accounts before trading live. Past results do not guarantee future returns.

FAQ

Q1. Is SmartFX Trading Bot EA free?
Yes, 100% free and verified by YoForex.

Q2. Can I use it on prop-firm accounts?
Absolutely. It includes built-in daily loss caps for FTMO/MyForexFunds rules.

Q3. What pairs/timeframes work best?
XAUUSD (M5) and EURUSD (M15) deliver the best results.

Q4. Does it use martingale?
No, never. Each position is independently risk-controlled.

Q5. Is VPS required?
Yes, for optimal uptime and faster execution.

Call to Action

If you’ve been hunting for a free, intelligent, and prop-friendly EA, stop scrolling—SmartFX Trading Bot EA V1.0 MT4 is your new daily driver.

Download it, plug it into MT4, and let AI-driven logic handle your trades while you focus on strategy and scaling.

👉 Download SmartFX Trading Bot EA V1.0 MT4

Need help? Hit us up on Telegram or WhatsApp anytime—YoForex support never sleeps.

Happy Trading