SmartXAU MT5 Expert Advisor for gold trading and long-term passive income

This 2026 review of SmartXAU provides a focused performance analysis that examines trade outcomes, risk controls, and real-world suitability for MT5 users. SmartXAU is authored by Fu Tak Tin and targets XAUUSD using a layered grid approach; the 2026 Performance metrics referenced in this review come from a combination of live account snapshots and controlled demo testing. The EA distinguishes itself by combining automated grid entries with automatic closing and re-submission at each grid level, enabling position scaling while aiming to lock incremental profits. SmartXAU employs up to 10 grid levels with configurable spacing and lot sizing, and includes a No Trade Zone calculated from the highest price in the past seven days plus a default 1000 pip buffer that is adjustable. The algorithm is rule-based, executing entries on defined grid triggers and using the protection mechanism to halt deployment during extreme price moves. In practice, SmartXAU tends to produce more consistent returns in directional gold markets with occasional pullbacks rather than during rapid, choppy consolidations. Risk management is explicit: users can set base lot, multiplier, and maximum grid depth, and the EA will close profitable levels automatically while managing exposure on open grids. At a listed price of $2,650 and a recommended capital of $3,000, SmartXAU is positioned as a semi-passive tool for traders seeking medium-term compounding rather than high-frequency intraday gains. The review highlights transparent settings, a 4.5/5 user rating from 100 reviews, and the need for monitoring during major economic news.