SmartChoise MT4

SmartChoise MT4 EA – Neural Network–Powered Trading System for XAU/USD (Gold) on M15 Timeframe

Because many asked me for a MT4 version price is reduced for the next 24 hours

• User Manual: Available via the link in my profile page.
  For now, it matches the MT5 version — some options were removed in the MT4 version, but all current settings are explained there. A dedicated MT4 manual will be released in the future.

• SmartChoise MT4 is designed for long-term, controlled growth, powered by a neural network engine that adapts to changing market conditions.
  It aims to provide intelligent entries, controlled exposure, and steady recovery from drawdowns — all without using martingale.

• This EA is built for users who value consistency, transparency, and the flexibility to match risk with comfort.

Core Technology

• Neural Network–Driven Decisions: Continuously analyzes live data to adjust trading behavior.

• No Martingale: Focus on sustainable growth without compounding risk.

• Dynamic Lot Sizing: Based on equity, volatility, trend strength, and market conditions.

Key Features

• Multiple Risk Levels: Low, Medium, High, Extreme

• Trading Styles: Conservative (fewer trades), Aggressive (more trades)

• Trend Strategy Only: Enhanced and optimized for reliability

• Advanced Recovery System: Manages drawdown intelligently

• Virtual Take Profit, Stop Loss & Trailing Stop (hidden from broker)

• Support/Resistance & Candlestick Detection (optional)

• News Filter: Pause trading around major events

• Built-in Panel Buttons for manual entries and recovery

Important Notes

• Small accounts may not be ideal for recovery-based strategies due to limited drawdown capacity.

• Use Hard Stop % and SL for safer trading on smaller balances.

• Disabling the recovery system or using fixed lot size transforms the EA into a basic TP/SL bot.

• Setting a Take Profit or Trailing Stop disables the EA’s internal profit logic.
  Trades will only close when the set TP or trailing level is hit.

• Backtesting cannot reflect live results due to the adaptive nature of the neural network.
  Always forward-test first.

Recommended Usage

• Small Accounts

  • Use Low or Medium Risk

  • Focus on capital preservation and steady growth

• Larger Accounts / Experienced Users

  • May explore High or Extreme Risk

  • Suitable for higher return strategies with wider drawdown tolerance

Basic Configuration

• Risk Level: Low (1), Medium (2), High (3), Extreme (4)

• Trading Style: Conservative (C) (fewer trades, lower risk) or Aggressive (A) (more trades, higher risk)

• Hard Stop %: Daily loss limit (e.g., 20 = max 20% equity drawdown)

• Max Spread: Controls entry during volatile periods

• Virtual (Hidden) Trailing Stop Loss: SL levels are only managed internally by the EA.
  This gives better protection and avoids unwanted interference.

• News Filter

  • Suspends entries before/after high-impact news (Low, Medium, High)

  • Customize buffer time to suspend entries before/after news events

  • Note: You must enable WebRequest for news filtering

Trade Comments

Each trade includes a comment to identify the strategy used:

• NN = Neural Network

• TR = Trend

• R = Recovery

• M = Manual Entry (using panel buttons)

• MR = Manual Recovery (added by panel buttons)

Example:
SmartChoise_4A_NN means a trade was opened at:

• Extreme risk (4) — where 1 = Low, 2 = Medium, 3 = High, 4 = Extreme

• Aggressive (A) — where C = Conservative, A = Aggressive

• Neural Network (NN) strategy — where NN = Neural Network, TR = Trend

Before You Trade Live

• Always test the EA on a demo account first.
  This helps you understand how it behaves under your chosen settings / broker and ensures your risk is in line with expectations.

• To diversify risk, you can run multiple charts with different Magic Numbers.

Important Changes

• To make it safer and easier to use, I removed most of the options that increase lot size, as some users were taking too much risk without fully understanding the impact.

• Some strategies were also too risky, so I improved the neural network and kept only an enhanced version of the Trend Strategy, which has shown more stable and reliable performance.

Reminder:
Most of the available settings are similar to the MT5 version, so please make sure to read the manual carefully before using it on a live account.

Note:
The only main difference is that if you set a Take Profit or Trailing Stop, the EA’s internal profit logic will be disabled. This means trades will only close when the Take Profit or Trailing Stop level is reached.