Our Customer Reviews
Real reviews from real customers, sourced from Trustpilot
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Buy the latest version through CheaperForex, installed the proper way through the MQL5 marketplace. Identical to buying direct, just at a reseller price.
Smart Gold Hunter EA MT5
Its public MQL5 live signal runs on IC Markets at 1:500 leverage with an undistorted track record: a real +107% over 21 weeks with no deposits or withdrawals inflating the figure. It also carries built-in prop-firm risk controls, including a loss limit, equity protection and market-close protection.
- ✅ Clean, undistorted live signal — a genuine +107% over 21 weeks of real-money tracking on IC Markets, with no deposits or withdrawals distorting the figure, a low 7% deposit load and a realistic 75.9% win rate
- ✅ Real stop losses, no grid, no martingale — a defined-risk design with a hard stop on every trade, corroborated by the live account’s low exposure and by buyer feedback on its clean execution
- ✅ Prop-firm ready — built-in loss limit, equity protection and market-close protection, shown running on a funded prop-firm account
A defined-risk XAUUSD M15 gold system with an undistorted 21-week live signal and prop-firm risk controls. Read our editorial review before deciding.
Original price was: $249.00.$124.95Current price is: $124.95.
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Quick Summary:
Smart Gold Hunter EA by Barbaros Bulent Kortarla is a fully automated XAUUSD (Gold) Expert Advisor for MetaTrader 5, running on the M15 timeframe. It is a defined-risk, stop-loss-based system with no grid and no martingale — a design backed by its public live signal, which shows a real stop loss on every trade and a low deposit load. Its MQL5 live signal on IC Markets carries an undistorted track record: a genuine +107% over 21 weeks with no deposits or withdrawals inflating the figure. It also ships with built-in prop-firm risk controls — a loss limit, equity protection and market-close protection.
Official MQL5 Listing:
Smart Gold Hunter EA — MQL5 Marketplace
Developer’s Live Signal:
Smart Gold Hunter — MQL5 live signal (IC Markets)
Why Smart Gold Hunter EA
- Gold specialist on M15 — a XAUUSD-specific system rather than a generic multi-symbol EA
- Undistorted live signal — a genuine +107% over 21 weeks with no deposits or withdrawals inflating the figure, unlike many signals whose headline growth is distorted by account flows
- Real stop loss on every trade — a hard, defined risk cap on each position, visible in the developer’s own trade history
- No grid, no martingale — no averaging ladders or loss-doubling recovery, consistent with the low deposit load on the live account
- Controlled exposure — a low 7% maximum deposit load and a maximum drawdown around 14% on the live signal
- Prop-firm ready — built-in loss limit, equity protection and market-close protection, shown running on a funded prop-firm account
- Realistic win rate — 75.9% winning trades on the live record with a genuine loss rate
- Public MQL5 live signal — real-money monitoring you can verify directly
Live Signal Snapshot
- Broker: IC Markets at 1:500 leverage, 21 weeks tracked
- Verifiable record: $100 initial deposit to about $207 equity — a real +107% with $0 deposits and $0 withdrawals
- Profit trades: 75.9% with 24.1% loss trades — a realistic distribution
- Max drawdown: 14%
- Max deposit load: 7% — low concurrent exposure, consistent with a defined-risk design
- Instrument & timeframe: XAUUSD (Gold), M15
Real Stop Losses & Prop-Firm Controls
The trade history shows a hard stop loss on every position, and the on-chart panel shows built-in risk controls designed for funded and challenge accounts — a configurable loss limit, an equity-protection setting and market-close protection. Together they make this a defined-risk system rather than a grid or martingale one, and a practical fit for prop-firm rules. The full breakdown is in our editorial review, linked below.
EA Setup at a Glance
- Platform: MetaTrader 5
- Instrument: XAUUSD (Gold)
- Timeframe: M15
- Account type: ECN or Raw Spread account with competitive XAUUSD spreads
- Leverage: 1:500 used on the live signal — match to your jurisdiction and risk tolerance
- Risk management: Real stop loss on every trade, plus loss-limit, equity-protection and market-close-protection controls
- VPS: Strongly recommended — 24/5 low-latency connection near your broker’s server
What You Receive
- Smart Gold Hunter EA for MT5 — Latest Version
- Free updates as the developer releases them
- Developer’s recommended settings, where supplied
Risk Disclaimer
Trading XAUUSD involves significant volatility (NFP, CPI, FOMC, geopolitical events). Smart Gold Hunter uses a real stop loss on every trade, which caps single-trade risk, and its live signal shows controlled exposure (a low deposit load and a drawdown around 14%). Even so, no automated system is without risk: the published backtest covers roughly six months and the live record spans 21 weeks, so both are best treated as encouraging evidence rather than a multi-year track record, and past performance does not guarantee future results. Use sensible leverage rather than simply copying the signal’s setting, test on demo on your intended broker first, size conservatively while validating, and never deploy capital you cannot afford to lose.
Full Editorial Review
📖 Read our complete Smart Gold Hunter EA review →
A full editorial breakdown: the undistorted 21-week live signal analysed in detail, the real-stop-loss and prop-firm evidence, the backtest in context, what buyers are saying, who the product suits, and our verdict.
FAQs
What is Smart Gold Hunter EA?
A fully automated XAUUSD (Gold) Expert Advisor for MetaTrader 5 by Barbaros Bulent Kortarla, running on the M15 timeframe. It is a defined-risk, stop-loss-based system with no grid and no martingale. Its public MQL5 live signal runs on IC Markets at 1:500 leverage, and it carries built-in prop-firm risk controls including a loss limit, equity protection and market-close protection.
Does it really use a stop loss on every trade?
Yes — this is one of its genuine strengths. A hard stop loss on every trade is visible in the developer’s own trade history, buyers specifically note the real stop losses and clean execution, and the live account’s low deposit load is consistent with a defined-risk design rather than grid or martingale averaging. It is marketed as no grid and no martingale, and the available evidence supports that. Our full review covers this in detail.
Why is the +107% figure not inflated like other signals?
Because it has no deposits or withdrawals. Unlike many signals whose headline growth is inflated by topping up the account, this one shows a $100 initial deposit growing to about $207 with zero deposits and zero withdrawals — so the +107% over 21 weeks is real growth on the starting balance. Maximum drawdown was around 14% and the deposit load stayed low at 7%.
Can I use it on a prop firm account?
Yes — it is one of its stronger use cases. It ships running on a funded prop-firm account in the developer’s materials, with a built-in loss-limit, equity-protection and market-close-protection panel that maps onto the daily and maximum loss rules challenge accounts enforce. Keep those controls conservative and prove it on the firm’s demo before going live.
What broker and account do I need?
A broker offering XAUUSD with competitive spreads; ECN or Raw Spread accounts are preferred. The developer’s public live signal runs on IC Markets at 1:500 leverage. Match leverage to your jurisdiction’s availability and your own risk tolerance.
Do I need a VPS?
Yes — strongly recommended for any automated system. A stable, low-latency VPS near your broker’s server keeps the EA running through the full session without gaps, so its stop-loss and trade management execute promptly. Running it on a home PC that sleeps or drops connection is not reliable for live trading.
What timeframe and instrument does it trade?
XAUUSD (Gold) on the M15 timeframe, as shown in the developer’s own charts. Attach it to an M15 XAUUSD chart on your broker, matching the correct symbol name for your broker’s gold instrument.
Why buy from CheaperForex instead of the MQL5 marketplace?
The product is identical — the same EA and the same future updates from the developer. You pay significantly less. Even for a system with an undistorted live record like this one, testing on demo and validating on your own broker before scaling is the sensible approach, and paying less to do that testing is the practical choice. Our full review covers the strengths and the caveats openly.
Peter Jones
Frequently Asked Questions
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We purchase licenses in bulk, then pass the wholesale savings to you. MQL5 charges full retail because they're a marketplace with fees and overhead. We buy direct and operate lean.
Buying directly on MQL5 means paying full price — often $500–$1,500 — without knowing if the EA will work for you. If it doesn't perform, there's no refund. With us, you get the exact same official lifetime-licensed copy for up to 70% less. Test it at lower risk before committing full price elsewhere.
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We're an EA reseller that's been operating since 2019. We purchase official licenses in bulk from the MQL5 marketplace and pass the savings on to you.
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Your EA is activated directly inside your MT5 terminal — the same way it would be installed if you bought from MQL5 at full price. We handle the activation for you remotely, and it takes under 2 minutes.
Because it's an official MQL5 marketplace activation, you receive all future updates automatically — they arrive straight to your MT5 from the developer, no action needed on your part.
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Yes — this is a lifetime license. Once activated, it's yours permanently with no expiry, no renewals and no ongoing fees.
Each purchase covers a single computer activation. On that machine you can run it across multiple MT5 terminals and use it with as many broker accounts as you like. If you need it on a second computer, you'd need a second license.
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You receive the official MQL5 license activated directly in your MT5 terminal, lifetime updates from the developer delivered automatically, and fast support from our team via Telegram and email.
If the developer provides any official user guides, presets or set files, we'll get them from the developer and send them straight to you. If the EA has an official community group, we'll do our best to get you access to that too.
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