Smart Gold Hunter V5.0
Listing updated
Smart Gold Hunter is a gold Expert Advisor for MetaTrader 5, published by Barbaros Bulent Kortarla. Its linked live signal covers 186 trades in 6 months, at a profit factor of 1.94 and a win rate of 76.34%. A win and a loss are 1.7× apart, so one loss undoes that many wins.
- 186 trades on the linked live signal
- 28 weeks of recorded history
- Tracked on an account opened with 100 USD
- Around 323 copies sold a month
Smart Gold Hunter signal at a glance
The three panels from the MQL5 signal page, with the figures the marketplace itself plots. Its drawdown axis is the relative drawdown by balance — the same measure this site computes from the trade history further down. The equity figure, which counts floating losses on positions still open, is a different number and is printed beside it in the specification.
growth over 35 weeks
148%
No trade history stored, so the curve is not drawn.
ICMarketsSC-MT5-21:500
Transcribed from MQL5 live signal 2365400, statistics as published on the signal page. See the signal page ↗
- Growth
- +148.3%
- $148 on $100no fixed scale
- Max drawdown
- 14.0%
- $23 · by balance0–100% below the running peak
- Profit factor
- 1.65
- gross win ÷ gross loss1.0 at the centre, 3.0 at the rim
- Win rate
- 73.0%
- 173 of 237 trades0–100% of closed trades
- Payoff ratio
- 0.61
- average win ÷ average loss0 at the centre, 3.0 at the rim
- Recovery factor
- 6.59
- net profit ÷ worst fall0 at the centre, 10× at the rim
Transcribed from MQL5 live signal 2365400, statistics as published on the signal page, then recomputed. See the source ↗
Smart Gold Hunter Kept Score
Four measured quarters out of 100. Every input is a figure printed elsewhere on this page, read against a band that is the same for every product on the site.
56
out of 100
from published statistics
- Evidence10.1 / 25
237 trades over 8 months
against 0 at the floor, 24 months at full, and 0 at the floor, 500 trades at full
- Risk control21.5 / 25
14% worst drawdown
against 0–100% below the running peak
- Consistency8.1 / 25
1.65 profit factor
against 1.0 at the centre, 3.0 at the rim
- Return on risk16.5 / 25
6.59× recovery factor
against 0 at the centre, 10× at the rim
How the Kept Score is worked out, and every product scored →
Smart Gold Hunter screenshots
10 images from the seller's listing, shown as published. Nothing on them has been measured by this site — the figures elsewhere on this page are the check.
Images © the seller, served from the marketplace. See the original listing ↗
Smart Gold Hunter results, as published
This listing publishes totals rather than a trade history, so there is no curve to draw. Every figure below is recomputed from those totals.
The margin it works on
73.0% of trades win, and it needs 62.1% to break even.
A win and a loss are close to the same size here, so the strategy does not depend on an unusually high hit rate to stay ahead. The gap between what it needs and what it has done is the margin it has to be wrong in.
What a win is worth against what a loss costs
Drawn to the same scale. The strategy needs to keep winning about 62.1% of the time simply to break even.
Best and worst single trades
The worst loss is 2.4× the average one, so losses stay close together.
Everything won against everything lost
A profit factor of 1.65 — what the account won for each unit it lost.
Trade outcomes
12 wins in a row at best, 4 losses at worst.
Direction taken
Which way the strategy took its positions.
No equity curve. This seller publishes account totals but not a trade-by-trade history, and building a curve out of totals would mean inventing the path between them. When a trade history is available for a product, its curve and drawdown chart appear here instead.
Download
Download and pricing
Smart Gold Hunter free download
There is a free download, and it is the demo on the product's own MQL5 listing — not a build from somewhere else. The two columns below are what separates it from the paid version. What the demo can and cannot do.
Free demo
$0
- Runs in the MetaTrader 5 Strategy Tester
- Backtest on your own broker's price history
- Cannot trade a live or demo account
- Downloaded 8,766 times
Full version — from us
$29.99save 91%
- Trades live and demo accounts
- 5 activations per licence
$349on the MQL5 Market- Licensed by the seller — the same build
The demo link goes to the seller's own MQL5 listing, where the free demo is hosted. The paid version is sold by us under licence — it is the seller's build, not a copy or a repack, and the MQL5 listing is linked above so you can compare the two before you buy. Anything offering a paid Expert Advisor as a freelive download is pirated, unsupported, and a common way to get a trading account drained by a modified build.
What Smart Gold Hunter's record shows
Tracked on a very small account
The record starts from 100 USD, so its 148.3% growth amounts to 148.47 USD in total. Percentages compound quickly at this size and the position sizes behind them are not the ones a funded account would trade.
How this was measured
- Opening deposit
- 100 USD
- Net profit
- 148.47 USD
- Best single trade
- 10 USD
Not checked: martingale position sizing, grid and basket exposure, stop-loss placement, gaps in the record. These need a trade-by-trade history, which this seller does not publish — so treat them as unknown rather than clean.
How Smart Gold Hunter trades
Read off the record rather than the sales page: how long it holds, which way it leans, and what market the figures actually describe.
How long it stays in
Positions last 1 min on average, which makes this a scalper whatever the listing calls it. Holding time decides how much the spread costs you and how much overnight risk you are carrying.
Which way it trades
Its 237 trades split 46.4% long to 53.6% short, so the result does not rest on the market having gone one way.
Built around one market
Everything here is XAUUSD. A single-market record says nothing about how it behaves anywhere else, so read every figure below as being about XAUUSD alone.
Where the money came from
The same totals the listing publishes, divided into the numbers that say whether an edge is real and whether it would survive being run on a different account.
Money won against money lost
It won $377 and lost $229, a profit factor of 1.65. For every $1.00 it handed back it took $1.65 in gross profit.
Where the edge comes from
It wins 73.0% of the time, but its average win is only 0.6× its average loss. The edge is frequency, not size — it needs about 62% of trades to win simply to break even.
What one trade is worth
Averaged over 237 trades, each returned $0.63 on an account that opened at $100. That is the figure to multiply by your own trade count — not the headline growth.
Growth, per month
+148.3% total over 8 months compounds to +11.9% a month. The monthly rate is the comparable number: a total says as much about how long an account ran as about how well it traded.
What could go wrong with Smart Gold Hunter
Every figure here is already in the record. These are the parts of it a summary table averages away.
Two drawdowns, not one
Drawdown reached 14.0% on closed trades against 3.3% on equity, so losses were taken as they came rather than parked out of sight — the shape a working stop produces. The realised run is the deeper of the two, so 14.0% is the figure to size against.
The worst single trade
Its worst trade lost $8.73, 2.4× the average loss of $3.57. The account grew 2.4× over the record, which accounts for most of that spread — adjusted for it the worst loss is 1.0× the average. Adjusted, the losses cluster rather than fan out, which is the shape a stop produces.
Its longest cold spell
It lost 4 trades in a row at some point. At the average loss that is about $14, or 14.3% of the $100 the account opened with. Assume it happens again, and ask whether you would still be running it on the far side.
Profit against the worst dip
It made 6.6× its deepest drawdown in total profit. Above one means the record has more than covered its own worst stretch.
What Smart Gold Hunter needs from your account
Cost and account size, against the drawdown this record already produced.
The account these figures came from
Every figure above comes from one account that opened with $100 at ICMarketsSC-MT5-2. A different size, a different broker or different settings is a different result.
What buyers say
Counted from the reviews MQL5 publishes on the listing. We count the subjects raised and the ratings given; we do not reprint the reviews.
What the marketplace scores it
4.00 out of 5 from 86 reviews on MQL5. That is a rating of the purchase — the seller, the support, the documentation — and only indirectly of the trading.
The rating, split three ways
MQL5 scores it 4.00 on description, 3.90 on reliability and usability, and 4.10 on support. Buyers rate reliability and usability lowest, which is the part the headline number averages away.
What buyers actually write about
Across the 20 most recent reviews, results and profit comes up most often — 9 of them mention it. Losses and drawdown is the subject appearing most in the negative ones.
How the recent ones split
Of the 20 reviews the listing serves, 12 rate it four stars or better and 5 rate it two and a half or worse. This is the most recent page rather than every review ever left, which means it describes the version on sale now.
Who maintains it
How recently it was touched, how long it has been sold, and what the marketplace record says about the seller.
Whether anyone is still working on it
Version 5.0, last updated 24 Sept 2026 — about 2 months ago. A system still being touched is one whose author is still answering for it.
How long it has been on sale
Listed since 25 Mar 2026, about 8 months. Long enough to have traded through more than one kind of market.
Who is behind it
MQL5 gives Barbaros Bulent Kortarla its badges for “Sold more than 1,000 products”. Those count marketplace volume, not trading results.
Smart Gold Hunter vs Quantum Commander vs My AI Gold
How Smart Gold Hunter stands against two other measured tools on the site, on the ratios that do not depend on account size. Every figure is computed from that product's own record; the marker shows which leads on each measure.
- Profit factorEverything won divided by everything lost
- 1.65
- 0.99
- 2.01▲
- Payoff ratioAverage win divided by average loss
- 0.61▲
- 0.48
- 0.52
- Max drawdownDeepest fall from a previous high
- 14.0%▲
- 37.7%
- 43.6%
- Recovery factorNet profit per unit of worst fall
- 6.59
- -0.01
- 6.99▲
- Growth per monthTotal growth compounded to a monthly rate
- 11.95%
- -0.28%
- 72.05%▲
- Win rateNot scored — a high win rate is only good if the payoff supports it
- 73.0%
- 67.4%
- 79.5%
My AI Gold leads on 3 of the 5 measures that could be decided — Smart Gold Hunter on 2. The full comparison lists what the records do not share.
Smart Gold Hunter: common questions
The four things people search for about this product, answered from the record rather than from the sales page.
Is there a Smart Gold Hunter free download?
Yes — a free demo. Smart Gold Hunter is sold on the MQL5 Market, and every listing there carries a demo you can download at no cost: the full algorithm, limited to the MetaTrader 5 Strategy Tester. The full version is $29.99 from us, against $349 on the MQL5 Market. MQL5 records 8,766 downloads of it.
What the demo can and cannot do, and how to spot a pirated buildDoes Smart Gold Hunter have a live signal?
Yes. Smart Gold Hunter publishes a live signal on MQL5 covering 237 trades over about 8 months, verified from the broker's own trade feed. It shows 11.9% a month compounded, a deepest fall of 14.0% and a profit factor of 1.65. Every figure here is recomputed from that record, which the page links.
What a verified record proves, and what a review does notIs there a Smart Gold Hunter backtest?
Not one from us, and deliberately: a backtest is run by whoever is selling the product, on settings they choose. Instead this page measures 237 real trades over about 8 months of forward results, which is stronger evidence than any backtest: nobody can re-run it until it looks good.
Why we publish no backtests — and how to run your own in MetaTrader 5Is there a Smart Gold Hunter Myfxbook review?
Not that we can verify. Smart Gold Hunter is not tracked on Myfxbook, and we will not point at a third-party page we cannot confirm belongs to this product — a name match is not proof. Its verified record is the MQL5 signal this page links.
Why a name match is not proof, and what a marketplace rating measuresIs Smart Gold Hunter profitable?
Over 237 trades and about 8 months, the tracked account grew 148.3%, which is 11.9% a month compounded. The deepest it fell on the way was 14.0%. That is one account, on its settings and its broker, over that period.
What pairs does Smart Gold Hunter trade?
One symbol: XAUUSD. A record on a single symbol says nothing about how it behaves on another, so treat results elsewhere as untested.
What timeframe does Smart Gold Hunter trade?
It holds a position for 1 min on average across the published record. That is scalping, and it is the style most sensitive to costs: the spread and any slippage are paid on every one of those trades, so a broker with a wider spread than the tracked account had can erase the edge without the strategy doing anything differently.
Does Smart Gold Hunter need a VPS?
It holds for 1 min on average, so the case for one is strong: at that hold time a few hundred milliseconds of latency and any gap in your connection land inside the trade rather than between trades. A home machine that sleeps, updates or drops its connection is taking positions off the plan.
What deposit does Smart Gold Hunter need?
We do not publish a recommended deposit, because that is the seller's claim to make and ours to check. What the record shows is the account it was tracked on, which opened at $100. The deepest drawdown on that account was 14.0%, so an account too small to sit through the same fall in money terms would have been closed out before the record recovered.
Is Smart Gold Hunter safe to run on a live account?
Not in the sense the question usually means. The worst fall on the record was 14.0%. Our checks raised nothing on the record we hold, which is not the same as nothing to raise. Size against that fall, not against the average month.
Does Smart Gold Hunter work on MetaTrader 4?
No. This is the MetaTrader 5 build, and a build for one terminal does not run on the other. Any MetaTrader 4 version is a separate listing with its own record, and nothing measured here carries across to it.
Smart Gold Hunter specification
- Platform
- MetaTrader 5
- Type
- Expert Advisor
- Author
- Barbaros Bulent Kortarla
- Symbols
- XAUUSD
- Version
- 5.0
- Published
- 25 Mar 2026
- Last updated
- 24 Sept 2026
- Tracked account
- ICMarketsSC-MT5-2 · 1:500
- Opening deposit
- $100
- Current balance
- $243
- Record length
- 35 weeks (8.1 months)
- Max drawdown by equity
- 3.32% · $5
- Max drawdown by balance
- 14% · $23
- Worst losing streak
- 4 trades
- Trades analysed
- 237
- Average hold
- 1 min
- Expected payoff
- $1 per trade
- Sharpe (as published)
- 0.22
- Data source
- MQL5 live signal 2365400, statistics as published on the signal page
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