Name: GoldSmart Version: Latest Version Developer by: Dechathorn Meetip The Right Platform: Meta Trader 5 (MT5) Our Telegram Team: Join now Our Youtube Channel: Click here
GoldSmart EA MT5 is a professional-grade automated trading system engineered specifically for EURUSD on the H1 timeframe, combining precise RSI reversal logic with an intelligent, adaptive recovery grid to deliver consistent performance in both counter-trend and trend-following conditions.
GoldSmart EA uses the RSI to detect high-probability reversal zones during active trading sessions (counter-trend mode) while seamlessly switching to trend-continuation entries outside those windows. When the market moves against the initial position, the built-in smart recovery grid activates — opening hedged, balanced orders with dynamic spacing and lot progression — designed to recover drawdown efficiently without reckless risk escalation.
Intelligent Recovery Grid — Automatically hedges losing positions with calculated lot sizing and spacing — closes the entire basket once profitable.
Auto Lot Scaling — Fully compatible with any broker (supports micro lots from 0.01 up to 1.0+), auto-adjusts according to account balance.
Global Profit Target — Closes all open positions (including grid) when predefined profit level is reached — no manual intervention needed.
Session Time Filter — Default trading window 19:00–21:00 (configurable) to focus on high-volatility periods.
Robust Safety Features — Full error checking (margin, volume, filling mode), Magic Number support for running alongside other EAs without conflict.
Clean & Stable Execution — No external DLLs, no over-optimization — built for real-market reliability.
Why Traders Choose GoldSmart EA MT5?
With 20+ years of trading experience, I consider GoldSmartEA one of the most balanced and professionally implemented RSI + smart grid systems available. It combines the proven edge of RSI reversals with a conservative, controlled grid recovery mechanism — avoiding the common pitfalls of over-aggressive martingale or uncontrolled grid spacing.
Key advantages:
High-probability entries backed by RSI + session context
Smart hedging & recovery that protects capital instead of gambling it
Fully broker-agnostic with micro-lot support
Time-filtered to exploit the best liquidity windows
Transparent, low-maintenance logic — safe to run with other strategies
RSI > 71 → Overbought signal • During active session (default 19:00–21:00): Counter-trend → Sell • Outside session: Trend-following → Buy (continuation of strength)
RSI < 29 → Oversold signal • During active session: Counter-trend → Buy • Outside session: Trend-following → Sell (continuation of weakness)
2. Hedging Activation When the initial position moves 300 points against it, the EA automatically opens an opposite-direction hedge position to neutralize directional exposure and prepare for recovery.
3. Smart Recovery Grid
Continuously monitors net exposure on both sides.
Adds incremental volume to the currently smaller/losing side with intelligent spacing.
Goal: Gradually balance the basket until the total position becomes net profitable.
4. Global Exit Condition
All open positions (initial + all recovery/hedge orders) are closed simultaneously once the basket profit target is reached.
No partial closes — clean, full basket closure for maximum efficiency.