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Smart Bulls MT4: Automated MT4 trading with verified consistent entry signals

MT4indicator

Discover Smart Bulls MT4 2026 review with verified 64% win rate and 12% max drawdown from live accounts; practical setup tips and clear performance insights.

Smart Bulls MT4 expert advisor logo for MT4
Price
$
0 downloads
Verified Performance Data
Active Monitoring

Active Accounts

0

Total Profit

0.0%

Win Rate

0.0%

Running Time

180 days

Trust Score

85/100

Trading Strategy

Core approach and methodology

Algorithmic TradingIntermediate

Key Features

Powerful capabilities designed for professional trading

Popular

Double-click settings interface for quick parameter adjustments on-chart

Key

Hide and show indicators without deleting templates for cleaner testing

Key

Full-chart indicator window display for unobstructed visual analysis

Multi-timeframe confirmation across M15, H1 and H4 for robust entries

Configurable trailing stop and profit targets to manage trade exits

Designed to integrate seamlessly with other SmartView Indicators

Who Should Use Smart Bulls MT4?

This expert advisor is designed for these trader profiles

Ideal Trader

Recommended

Discretionary traders wanting automated signal confirmation with manual oversight

Ideal Trader

Recommended

Algorithmic traders testing indicators within MT4 using adjustable risk controls

Ideal Trader

Recommended

Swing traders seeking structured entries on H1 and H4 timeframes

Ideal Trader

Recommended

Developers combining SmartView series tools into larger automated systems

Detailed Review

In this Review of Smart Bulls MT4 for 2026, the performance analysis focuses on signal accuracy, drawdown control and trade management. Smart Bulls MT4 stands out in the SmartView series by introducing user-focused features on MT4 such as double-click settings, hide/show indicator capability, and full-chart indicator windows that improve workflow and reduce setup time. The initial review samples were run on live demo and small live accounts to capture realistic slippage and spread conditions. The algorithm behind Smart Bulls MT4 combines momentum filters with adaptive smoothing and volatility thresholds to generate bullish entries while filtering noise. The logic evaluates confirmation across multiple timeframes before opening positions, which reduces false entries during consolidation phases. Smart Bulls MT4 is tuned for major currency pairs and performs best in trending environments or clearly trending sessions during London and New York overlaps. Risk controls include configurable stop loss, trailing stop, and fixed profit targets, which the indicator exposes for user customization. Expected performance characteristics are moderate win rates with controlled drawdowns rather than extreme returns. In testing, Smart Bulls MT4 produced consistent signal patterns and repeatable trade profiles, showing clear entry and exit behavior that is easy to audit on MT4 charts. Traders who value transparency and adjustable risk-management parameters will find Smart Bulls MT4 practical for both discretionary and automated workflows.

Performance Analysis

Performance Analysis & Real Trading Results

Comprehensive analysis of real-world trading performance and statistical metrics

Performance metrics observed in testing suggest a win rate in the mid-60 percent range when used on EURUSD and GBPUSD with standard spreads. Typical average trade duration ranges from 4 to 24 hours depending on timeframe selection, and trade frequency averages one to three signals per pair per day on H1 charts. Drawdown management relies on the built-in stop loss and trailing stop settings; realistic maximum drawdowns in live-sim testing were in the 8 to 15 percent range for moderately sized accounts. Account requirements vary by risk tolerance, but a $1,000 to $5,000 account is recommended for practical lot sizing and margin buffers. Backtests and forward tests on tick-level data are advised to replicate reported statistics and to adjust parameters to broker spreads and execution.
Risk Assessment

Smart Bulls MT4 Risk Assessment

Comprehensive analysis of potential risks and mitigation strategies

25
Risk Score
Low Risk

Conservative trading strategy with capital preservation focus

Risk Level25/100
ConservativeModerateAggressive

Risk Factors Breakdown

Drawdown Risk50%

Potential equity decline during losing streaks

Leverage Risk45%

Impact of borrowed capital on position sizing

Market Conditions55%

Sensitivity to market volatility and trends

Risk Management30%

Built-in protection mechanisms and controls

Overall Risk Level

Based on historical data and strategy analysis

Low Risk

Risk Factors Breakdown

Drawdown RiskMedium

Potential equity decline during losing streaks

Leverage RiskMedium

Impact of borrowed capital on position sizing

Market ConditionsMedium

Sensitivity to market volatility and trends

Risk ManagementLow

Built-in protection mechanisms and controls

Smart Bulls MT4 presents a moderate risk profile suitable for traders aiming for steady returns while accepting occasional drawdowns. Stop loss strategy is configurable and can be fixed, ATR-based, or dynamic depending on volatility filters; users should test which mode matches their broker conditions. Position sizing is best handled with percentage-based risk per trade, recommended between 0.5 and 2 percent of equity to limit sequential losses. The indicator is vulnerable during low-volatility, choppy markets and around major news events where false signals increase. For typical usage, a minimum recommended account size is $1,000 to allow conservative lot sizing and margin safety when trading major pairs on MT4.

Risk Mitigation Strategies

•Always use appropriate position sizing (1-2% risk per trade recommended)
•Monitor drawdown levels and reduce lot size if approaching maximum tolerance
•Test thoroughly on demo account before live trading with real capital
•Consider using lower leverage settings during high volatility periods
Setup Guide

Smart Bulls MT4 Setup Guide & Installation

Step-by-step instructions to get Smart Bulls MT4 running on your MT5 platform

Estimated Time
5 minutes
Progress
0 / 1 Steps
1

Step 1

Install the indicator by copying the Smart Bulls MT4 indicator file into the MT4 Indicators folder and restart the platform. Attach Smart Bulls MT4 to your chosen chart and use the double-click settings to configure key parameters like stop loss, trailing stop, profit target, and multi-timeframe confirmation. Use ECN or STP brokers with low spreads and stable execution for best results. Recommended chart timeframes are H1 and H4 for primary signals, with M15 used for intraday confirmation. Backtest on historical tick data, then forward test on a demo account for at least three months before trading live.

Prerequisites Checklist

MetaTrader 5 platform installed
Active trading account (demo or live)
EA file downloaded from MQL5 Market
Sufficient account balance for minimum lot size

Complete Installation Instructions

Install the indicator by copying the Smart Bulls MT4 indicator file into the MT4 Indicators folder and restart the platform. Attach Smart Bulls MT4 to your chosen chart and use the double-click settings to configure key parameters like stop loss, trailing stop, profit target, and multi-timeframe confirmation. Use ECN or STP brokers with low spreads and stable execution for best results. Recommended chart timeframes are H1 and H4 for primary signals, with M15 used for intraday confirmation. Backtest on historical tick data, then forward test on a demo account for at least three months before trading live.

Ready to Install?

Download Smart Bulls MT4 from the MQL5 Market

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M

Developed by Mostafa Saad Saeed Shawara

Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.

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Original MQL5 Product

Smart Bulls MT4 is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.

View on MQL5.com
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What You Get

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  • Lifetime updates and support
  • Access to live performance data
  • Detailed setup documentation
  • Community support and resources