Testing & evaluation
Free Smart Gold Hunter MT5 5.0: +242.15% in a 12-month gold backtest
Claim the complete Smart Gold Hunter EA source free at MQLume, then explore its +242.15% historical return, Positive RR profile and configurable session controls.
The latest 12-month result
From 2025-10-20 to 2026-10-20, excluding the end date in broker time, Smart Gold Hunter MT5 5.0 recorded +242.15% net return. US$1,000 became US$3,421.49, after recorded costs. Maximum percentage equity drawdown was 28.60%.
This review is produced by MQLume, the seller. It uses the selected automatic-sizing configuration tested on IC Markets data. It is a historical simulation, with sizing calibrated on this same period.
What makes this EA different?
Smart Gold Hunter offers individual gold trading profiles and an optional multi-profile portfolio mode. This test uses the default Positive RR profile with portfolio mode off. Editable source lets you explore pending-order entries, session controls and position sizing.
Complete editable source makes the implementation available for your own study and customisation. You can work beyond a settings panel: inspect a calculation, draft a new filter with an AI coding assistant, and compare the modified version with an untouched baseline.
The exact test setup
| Broker feed | IC Markets |
|---|---|
| Symbol / chart | XAUUSD / H1 |
| Initial capital / leverage | US$1,000 / 1:1000 |
| Model / delay | Real ticks / 150ms |
| Automatic sizing | Custom risk sizing at 3.1% |
| Report trades | 140 |
| Profit factor | 1.50 |
Selected inputs: inp_LotMethod=1; inp_RiskPercent=3.1. Other strategy inputs keep their delivered defaults. Report trade counts include partial exits where used; they are not a count of independent entry signals.
Balance after costs
Automatic sizing compounds changes in balance. The resulting cash gains and losses do not stay constant through the year. Maximum equity drawdown comes from MT5's percentage-equity field; a balance chart cannot replace that metric.
All monthly results
| Month | Net profit / loss |
|---|---|
| 2025-10 | US$-27.57 |
| 2025-11 | US$-162.05 |
| 2025-12 | US$+72.17 |
| 2026-01 | US$+109.66 |
| 2026-02 | US$+105.42 |
| 2026-03 | US$+321.83 |
| 2026-04 | US$+191.38 |
| 2026-05 | US$-244.71 |
| 2026-06 | US$+937.59 |
| 2026-07 | US$+658.21 |
| 2026-08 | US$+965.84 |
| 2026-09 | US$-358.79 |
| 2026-10 | US$-147.49 |
What the net figure includes
Net profit of US$2,421.49 reconciles to trading profit of US$2,599.67, commission of US$-178.18, and swap of US$0.00. Bid-ask spread is already reflected in execution prices and is not deducted twice.
Make the source your own
Smart Gold Hunter is FREE at MQLume. Add it to your cart, enter your delivery email, and complete the zero-dollar checkout to access the download button. An all-free order needs no card payment. The package contains the complete MQ5 source, compiled EX5, README.txt, PARAMETERS.pdf and RELEASE_NOTES.txt. No extra MQH or DLL downloads are required. Your personal-use licence has no additional activation or usage fees.
For your first change, keep a clean copy, make one small edit, compile in MetaEditor and compare the result in the Strategy Tester. An AI assistant can explain code and suggest edits; you remain in control of what you compile and run.
Claim your FREE Smart Gold Hunter EA source · Compilation guide
Reading the result responsibly
This is one broker feed and one historical interval, selected after automatic-sizing calibration. It is not a live track record or an independent forward test. Historical drawdown below 30% is not a future loss limit. Reproduce the settings and test on a demo account before considering live use. Past and simulated performance does not guarantee future returns.
Back to top