Smart Risk EA V3.2 MT5 – Safer Profits on Gold & Majors


Ever blown an account just because you risked too much on one trade? Or maybe you used an EA that made solid profits… until one bad day wiped out everything?


That’s where Smart Risk EA V3.2 for MT5 steps in. This expert advisor is built to protect your equity like a hawk while still locking in steady profits—especially on volatile pairs like XAUUSD (Gold).


This free download from ForexFactory.cc is powered by YoForex, the same team behind several top-rated tools in the community. They’ve optimized this EA with an equity-based risk engine, adaptive lot sizing, and tight trade filtering logic to make sure you never overexpose your capital.


Let’s unpack it all in this blog, from how it works to why it’s worth running on your MT5 terminal today.


Overview: What is Smart Risk EA?


Smart Risk EA V3.2 MT5 is a fully automated trading bot designed for major forex pairs and metals, but it’s especially sharp on XAUUSD (Gold).


Instead of opening tons of reckless trades like other “grid” or “martingale” bots, Smart Risk focuses on:



  • Risk-controlled entries,

  • Trend-following confirmation,

  • Dynamic equity management, and

  • Strategic exits that protect profit while limiting drawdown.


It doesn’t need you to babysit trades. Once configured, it monitors your equity, your exposure per trade, and adapts the lot sizes based on your account size and selected strategy mode.


It’s ideal for traders who want consistency over chaos, especially in today’s volatile markets.


Key Features of Smart Risk EA V3.2


Here’s what makes this EA such a smart addition to your trading arsenal:



  •  Risk-Based Trading Logic – Trades are filtered and managed based on % of total equity, not just lot size.

  •  Dynamic Lot Sizing – Auto-adjusts position size to keep your drawdown under control.

  •  Supports All Majors + XAUUSD – Optimized for EURUSD, GBPUSD, USDJPY, and especially Gold.

  •  Any Timeframe Compatibility – Works smoothly from M15 up to H4, depending on your trading style.

  •  Equity Guard Mode – Pauses trading or closes trades when equity drops below a safety threshold.

  •  Built-In Spread Filter – Avoids opening trades when spreads are too high.

  •  Stop Loss/Take Profit Logic – Optional trailing stop, SL-to-breakeven, and smart TP options.

  •  Hedging Supported – Perfect for brokers that allow multiple direction trades.

  •  Prop Firm Friendly Settings – Includes risk templates for FTMO-style accounts.

  •  100% Free & Lifetime Updates – Powered by YoForex and available on ForexFactory.cc.



How It Works (Behind the Logic)


Smart Risk EA combines multiple layers of logic to find smart entries and manage trades safely:


Entry Strategy



  • Identifies trends using moving averages + momentum filters.

  • Confirms entry with candle formations and price structure.

  • Optional news filter (manual toggle advised).


Risk Logic



  • You set a Risk % Per Trade (e.g., 1.5%).

  • The EA calculates the lot size based on your equity (not balance).

  • Risk control logic pauses new entries during drawdowns or after hitting daily limits.


Exit Logic



  • Supports multiple exits:

  • Fixed Take Profit

  • Trailing Stop

  • Equity Gain Target (e.g., close all trades at +5% account growth)

  • Equity Guardian shuts down all trades if equity drops below 80% of balance (or custom).


It doesn’t scalp in randomness—it waits for clear momentum, enters smart, and then lets risk settings lead the trade.


Performance on XAUUSD (Gold)


This EA was primarily optimized for Gold trading, and here’s what the YoForex team observed in their backtests:


Backtest Settings:



  • Pair: XAUUSD

  • Timeframe: H1

  • Period: Jan 2023 – June 2025

  • Initial Deposit: $1000

  • Risk %/Trade: 1.5%

  • Account Growth: 217%

  • Max Drawdown: 12.4%

  • Win Rate: 70%

  • Total Trades: 352


Live Account Observations:



  • Performs best during London & NY sessions

  • Avoids overtrading during low-volume zones

  • Consistent profit-locking on sharp Gold trends



Installation & Setup


Installing Smart Risk EA is just like any other MT5 EA:



  1. Download the EA from ForexFactory.cc

  2. Open MT5 → Click File → Open Data Folder

  3. Navigate to MQL5 → Experts

  4. Paste the .ex5 file into the Experts folder

  5. Restart MT5

  6. Open XAUUSD or any major pair chart

  7. Attach the EA and load the recommended .set file


Recommended Timeframes:



  • XAUUSD → H1

  • EURUSD, GBPUSD → M30 or H1

  • USDJPY, AUDUSD → H1 or H4


Why Traders Trust YoForex Tools


Every tool uploaded to ForexFactory.cc is backed by YoForex—a community-driven team that:



  • Builds real-world tested tools

  • Shares live and backtest data

  • Offers free lifetime updates

  • Doesn’t lock features behind a paywall

  • Provides full support on Telegram and WhatsApp


With over 20+ tools and EAs actively maintained, it’s easy to see why Smart Risk EA V3.2 MT5 is gaining popularity fast.


Got Questions or Need Help?


We’re here for you!



Whether it’s settings, broker questions, or optimization—just reach out.


Final Thoughts: Is It Worth Trying?


If you're tired of EAs that grow fast and crash even faster, Smart Risk EA V3.2 MT5 is worth a shot.


It trades smart, not hard, keeps your account protected, and targets consistent gains on high-volatility pairs—especially XAUUSD.


And hey, it’s 100% free.


Download Smart Risk EA V3.2 MT5 Now


No license. No subscription. Just load, set your risk, and let it work.


YoForex – Empowering traders worldwide, one free tool at a time.


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Happy Trading