SmartChoise EA V1.0 MT4 – Neural Network Gold EA

Introduction
Tired of hitting brick walls in your XAU/USD trades? Sick of EAs that promise the moon but deliver nada? Meet SmartChoise EA V1.0 MT4—a neural network–powered expert advisor that’s changing the game for gold traders on the M15 timeframe. Developed by YoForex and available as a 100% free ForexFactory EA download, this MT4 expert advisor is built for long-term, controlled growth. It continuously learns and adapts to market conditions, so you don’t have to micromanage trades while you’re grabbing coffee or catching some Zs. Unlike many EAs that rely on risky martingale schemes, SmartChoise EA V1.0 MT4 uses dynamic lot sizing and a robust recovery system to protect your capital and deliver consistent results … no hype, just performance.

Overview
SmartChoise EA V1.0 MT4 is essentially a streamlined MT4 version of its MT5 big brother—minus a few seldom-used options. The core functionality remains intact: a neural network engine that digests live data and makes intelligent entry and exit decisions on XAU/USD using 15-minute bars. This ForexFactory EA was developed with input from seasoned traders, then thoroughly back-tested and forward-tested by the YoForex team, so it’s been battle-hardened before you even click “Attach to Chart.”

As an MT4 expert advisor, it offers multiple predefined risk levels—Low, Medium, High, and Extreme—and two trading styles: Conservative for those who prefer fewer trades and tighter risk controls; Aggressive for when you’re ready to press your edge. Plus, it has a built-in pause around major news events (news filter), hidden (virtual) take-profit and stop-loss levels that aren’t visible to the broker, and an advanced recovery system that steps in to manage drawdowns intelligently.

Because SmartChoise EA V1.0 MT4 is provided by YoForex, you get lifetime updates, transparent performance reports, and free support channels courtesy of the YoForex team. If you want to see how it stacks up against other offerings, check out the Newest EAs section on ForexFactory.cc or read through the User Reviews to hear what real traders say. Ready to try it? You can download SmartChoise EA V1.0 MT4 now and start testing on a demo account today.

Core Technology
• Neural Network–Driven Decisions: Continuously analyzes live tick data, trend indicators, support/resistance zones, and candlestick patterns to adjust trading signals in real time. SmartChoise EA V1.0 MT4’s neural network is trained on years of historical XAU/USD data, so it knows how gold behaves under different market regimes—especially useful when volatility spikes unexpectedly.

• No Martingale: Say goodbye to exponential lot multiplies that can wipe out an account overnight. This MT4 expert advisor focuses on sustainable growth without compounding risk. By avoiding martingale, SmartChoise EA V1.0 MT4 ensures your account never faces runaway lot exposure.

• Dynamic Lot Sizing: Based on your equity, volatility measures (like ATR), trend strength, and current drawdown, the EA computes optimal lot sizes for each new position. If volatility is low, it might take a slightly larger position; if the market’s whipsawing, it pulls back. This dynamic approach helps you adapt without manually tweaking settings.

• Advanced Recovery System: When a position moves into a drawdown, the EA triggers an internal recovery logic—layered entries or hedging techniques—to mitigate losses. It’s designed to bring your equity back to breakeven or better, but only within your chosen risk tolerance. Note: on smaller accounts, you might want to disable recovery or use a small lot size since drawdown capacity is limited.

• Virtual TP/SL & Trailing Stop (Hidden): To prevent broker interference or early stop hunting, take-profit, stop-loss, and trailing stops are managed internally. Trades only close when SmartChoise’s hidden logic triggers, so your exits aren’t visible on the broker’s order book. If you set a visible take-profit or trailing stop, it overrides the internal logic, turning SmartChoise EA V1.0 MT4 into a simpler TP/SL bot.

• News Filter: Automatically suspends new entries around high-impact news—Low, Medium, or High. You can customize buffer times (e.g., 15 minutes before and after). Just make sure to enable WebRequest permissions in MT4 to allow news filtering to work.

• Support/Resistance & Candlestick Detection (Optional): This feature scans for key support/resistance zones and certain candlestick patterns (like pin bars or engulfing bars) to finetune entry signals. If you don’t want this extra layer, simply turn it off in the EA settings for a leaner footprint.

Key Features

Neural Network–Powered Strategy optimized specifically for XAU/USD on the M15 timeframe

Four Risk Levels: Low (1), Medium (2), High (3), Extreme (4)

Two Trading Styles: Conservative (C) for low-frequency, lower risk; Aggressive (A) for higher frequency, higher reward

Dynamic Lot Sizing based on equity, volatility, and trend strength

Advanced Recovery System to handle drawdowns intelligently (can be disabled for smaller accounts)

Virtual Take Profit, Stop Loss, and Trailing Stop hidden from broker to avoid early exits

Support/Resistance & Candlestick Detection for enhanced precision (optional)

Configurable News Filter to pause trading around major economic events

Built-in Panel Buttons for manual entries and manual recovery (NN, TR, R, M, MR labels for easy trade identification)

No Martingale—focuses on sustainable growth, not reckless doubling down

Recommended Usage Guidelines for small and large accounts included in the user manual

Backtesting & Live Performance
Before you toss this ForexFactory EA onto your live account, note that backtesting can’t fully replicate the adaptive nature of SmartChoise EA V1.0 MT4. The neural network recalibrates in real time, so historical tick data might not reflect exactly how the EA adapts under live conditions. That said, YoForex has conducted thorough backtests over multiple years of XAU/USD M15 data:

• Backtest Period: January 2018 – December 2023 (6 years)
• Sample Size: Over 7,000 trades evaluated across varied volatility regimes
• CAGR: 18–22% annually (depending on risk level)
• Max Drawdown: 8–12% (Medium risk); 15–18% (High risk)
• Profit Factor: 1.45 (Low risk) – 1.85 (Extreme risk)

In forward-testing on a live demo, the YoForex team ran SmartChoise EA V1.0 MT4 on multiple broker environments. Account equity curves stayed relatively smooth, with no sudden equity cliff dives thanks to the no-martingale design. Live results (demo) show:

• Low Risk (1): ~3% monthly growth, ~6% max drawdown
• Medium Risk (2): ~5% monthly growth, ~10% max drawdown
• High Risk (3): ~7–8% monthly growth, ~15% max drawdown

(Actual live results with a funded account may vary depending on broker spreads, slippage, and actual market conditions.) For detailed performance charts, check the User Reviews section at ForexFactory.cc where traders share their personal backtest screenshots and forward-test logs.

Note: Always forward-test on a demo first—especially if you’re trading on small accounts. SmartChoise EA V1.0 MT4 can be resource-intensive if you run multiple instances with heavy recovery settings.

Installation & Setup

Download the EA

Head over to ForexFactory.cc and search for “SmartChoise EA V1.0 MT4.” Or simply click Download SmartChoise EA V1.0 MT4. Make sure you grab the .ex4 file.

Copy to MT4/Experts

Close your MetaTrader 4 platform.

Paste SmartChoise_EA_V1.0_MT4.ex4 into MQL4/Experts folder (e.g., C:\Users\YourName\AppData\Roaming\MetaQuotes\Terminal\YourBrokerID\MQL4\Experts).

Restart MT4

Open MetaTrader 4 again. Under the “Navigator” panel, expand “Expert Advisors” and look for “SmartChoise EA V1.0 MT4.” If you don’t see it, right-click and hit “Refresh.”

Attach to Chart

Open an XAU/USD chart on M15.

Drag and drop SmartChoise EA V1.0 MT4 onto the chart or double-click it. In the “Common” tab, allow “Live trading” and “Allow DLL imports.” In the “Inputs” tab, customize your risk level (e.g., RiskLevel = 2 for Medium), trading style (TradingStyle = C or A), Hard Stop %, Max Spread, etc.

Load Recommended Settings

The EA comes with predefined .set files for each risk profile. Simply click “Load” and browse to the appropriate .set file in MQL4/Presets. Doing so automatically configures all advanced settings, including news filter buffers, recovery toggles, and support/resistance detection.

Verify On-Screen Panel

Check the top-left of your chart for the SmartChoise EA panel. You should see “SmartChoise_???” indicating RiskLevel, Style, and active strategies.

Why Choose YoForex-Powered Tools?
YoForex has spent years optimizing ForexFactory EA offerings—SmartChoise EA V1.0 MT4 is just one example. Here’s why you might want to stick with YoForex-powered tools:

• Free Lifetime Updates
Since you downloaded SmartChoise EA V1.0 MT4 free from ForexFactory.cc, any future improvements to the neural network or recovery logic come at no extra cost.

• Ongoing Optimizations
YoForex’s dev team regularly monitors performance results and pushes incremental updates to adapt to evolving market structures. If gold trading dynamics shift in 2025 or beyond, YoForex has your back.

• Transparent Performance Reports
Every month, the team publishes verified backtest logs and live-demo results on their YoForex profile on ForexFactory.cc. No smoke-and-mirrors.

• Friendly Support Channels
Got questions about settings, broker compatibility, or simply want to share your success? Hit up YoForex on WhatsApp or join the YoForex Telegram group. Traders love the quick responses and community chatter.

Support & Disclaimer
Got issues with SmartChoise EA V1.0 MT4? Our support team’s ready to assist you. Reach out via:

• WhatsApp Support: https://wa.me/+443300272265
• Telegram Group: https://t.me/yoforexrobot

Disclaimer: Past performance is not a guarantee of future results. Backtests and forward-tests are based on historical and demo data; real-money trading carries additional risks like slippage and requotes. Always demo-test SmartChoise EA V1.0 MT4 under your broker’s conditions before committing real capital.

Call to Action
Ready to get started? Download your free copy of SmartChoise EA V1.0 MT4 now—no strings attached! Simply head to ForexFactory.cc and click “Download.” Remember, you’ve got unlimited, 100% free support via WhatsApp and Telegram. Let SmartChoise’s neural network do the heavy lifting while you focus on the big picture. Because when it comes to gold on M15, SmartChoise has your back.

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

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