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Name: Smart Candle
Version: Latest Version
Developer by: Wanchai Phonphromchot
The Right Platform: Meta Trader 5 (MT5)
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Smart Candle MT5 – Next-Generation Expert Advisor with Outstanding Performance
With over 20 years of trading experience, I’ve learned that the best systems must combine high profitability with strong risk control. Smart Candle MT5 was developed with exactly this vision – an Expert Advisor built to achieve exceptional returns with low drawdown and a high Sharpe Ratio.
During a one-year testing period (Jan 2023 – Jan 2024), the EA delivered
a profit of +900% over the initial deposit, with a maximum drawdown of only 22% and a Sharpe Ratio above 3.74 – classified internationally as an excellent investment. This proves that the EA is not only profitable but also highly stable with disciplined risk management.
The upcoming version (June 2025) will further enhance performance, with the ability to resume trading rounds after system crashes, upgraded algorithms targeting a Sharpe Ratio above 4.0, and real-time trend monitoring instead of waiting for new bar events.
🔹 1. Market Analysis with Smart Candle
A unique candlestick method invented by the developer.
Unlike traditional candlesticks, Smart Candles are defined by dump events, clearly showing support/resistance levels and real price movements.
🔹 2. Intelligent Trading Strategy
Trade Direction Identification: Uses four factors – dump events, Higher-High/Lower-Low patterns, mid-price logic, and supply/demand zones.
Lot Scaling: Automatically adjusts position size based on market movement and exposure, controlled by parameters like Opposite Level Ratio Limit and Lot Ratio Limit for safe scaling.
🔹 3. Smart Position Closing
Close on Trend Switch: Uses price curvature to identify reversals and lock in profits early.
Close on New Dump Event: Ensures positions are closed when conditions change.
🔹 4. Trading Round System
A trading round only closes when three conditions are met: target profit achieved, risk/reward ratio satisfied, and lot volume reduced after profit-taking.
Once closed, all trades reset, ensuring clear and structured profit rounds.
✅ Exceptional Profitability: +900% profit in just one year with controlled drawdown.
✅ Safe & Stable: Sharpe Ratio > 3.0 proves excellent balance between profit and risk.
✅ Unique Strategy: Smart Candle method identifies trends more accurately than traditional candlesticks.
✅ Advanced Money Management: Flexible lot scaling with strict risk controls.
✅ Future-Ready EA: Next version offers smarter, faster, and even more efficient performance.
The Smart Candle EA demonstrates strong and steady growth with consistent performance, reflecting a solid balance between profitability and disciplined risk management. In this backtest, the EA delivered impressive returns while maintaining controlled drawdowns and an excellent Sharpe ratio.
Name | Fit |
---|---|
Trading platform | Meta Trader 5 (MT5) |
Time frames | M1 |
Currency pairs | XAUUSD |
Min / Recommended deposit | $1000 |
Min / Recommended leverage | 1:100 |
VPS | Optional, for uninterrupted advisor operation. |
🤗WISH YOU SUCCESSFUL TRADING🤗