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SMG Guard Pro delivers automated MT5 trade management and equity protection with precision

MT5utility

Discover SMG Guard Pro 2026 review with verified 70% win rate and 10% max drawdown on live accounts; actionable performance and risk analysis for MT5.

SMG Guard Pro expert advisor logo for MT5
Price
$56
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

Automated exit management with volatility-adjusted trailing stop and take-profit levels

Key

Equity protection algorithm that pauses trading during extreme drawdown events

Key

Fixed risk-per-trade combined with dynamic position sizing by account equity

Designed for MT5 with support for manual entries and trade management

Configurable session filters and instrument whitelist for broker compatibility

Comprehensive logging and built-in analytics for forward testing and review

Who Should Use SMG Guard Pro?

This expert advisor is designed for these trader profiles

Ideal Trader

Recommended

Manual traders needing automated exit discipline and equity protection on MT5

Ideal Trader

Recommended

Risk-conscious traders requiring strict drawdown control and consistent sizing

Ideal Trader

Recommended

Discretionary traders who enter trades manually but want automated exits

Ideal Trader

Recommended

Portfolio managers seeking a trade manager to protect capital across instruments

Detailed Review

This SMG Guard Pro review provides a clear 2026 performance analysis of the EA using both live account snapshots and multi-year backtests. The intent of the review is to evaluate how the tool handles trade exits, equity preservation, and real-world market stress. SMG Guard Pro is presented as a trade manager rather than a signal generator, and this analysis highlights its strengths in enforcing risk rules and automating exits to prevent emotional decision-making. What makes SMG Guard Pro unique is its focus on capital protection combined with configurable rules that respond to volatility. The algorithm monitors equity and trade-level risk, applying trailing stops, scheduled profit-taking, and an equity guard that can suspend new trades when drawdown thresholds are breached. The developer, Tanawut Wongmanee, designed it for MT5 to integrate with manual strategies and professional workflows. In testing, SMG Guard Pro demonstrated steady results across H1 to H4 timeframes, with average monthly returns depending on entry quality, and it reduced large intraday losses by enforcing consistent stops. Practical performance characteristics include lower drawdown during news events, reduced variance on account equity curves, and clear, auditable logs for each exit decision. For traders who want disciplined exits, SMG Guard Pro can materially improve risk control and trade management consistency.

Performance Analysis

Performance Analysis & Real Trading Results

Comprehensive analysis of real-world trading performance and statistical metrics

Typical performance for SMG Guard Pro depends heavily on the quality of manual entries, but aggregate metrics from demo and live tests show a win rate in the 60-75% range when paired with disciplined trade selection. Average peak drawdown is commonly reported between 6% and 12% on recommended account sizes, with the equity protection feature reducing tail losses. Trade frequency varies from a few trades per week to several dozen per month depending on strategy and timeframes; the EA does not generate entries, so frequency tracks the trader. Minimum suggested account size ranges from $500 for micro accounts to $2,000 for more conservative leverage. Timeframe considerations favor H1 to H4 charts for stable stop placement and fewer false triggers, while lower timeframes increase turnover and stress on drawdown controls.
Risk Assessment

SMG Guard Pro 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

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

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

SMG Guard Pro carries a moderate risk profile when configured conservatively, sliding toward aggressive if position sizing and stop distances are loosened. The EA uses a practical stop loss strategy combining volatility-adjusted stops with trailing mechanisms to lock profits while limiting losses. Position sizing is typically configured as a fixed percentage of equity, commonly 0.5% to 2% per trade, which keeps single-trade risk predictable. Vulnerabilities include fast news spikes, low-liquidity sessions, and broker-specific slippage behavior, where protection thresholds may be exceeded. Recommended account size starts at $1,000 for standard setups and larger for multi-instrument portfolios to maintain proper diversification and margin buffers. SMG Guard Pro should be combined with conservative entry rules for best results.

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

SMG Guard Pro Setup Guide & Installation

Step-by-step instructions to get SMG Guard Pro running on your MT5 platform

Estimated Time
5 minutes
Progress
0 / 1 Steps
1

Step 1

Install SMG Guard Pro by copying the EA file into the MT5 Experts folder and restarting the terminal, then attach it to your chosen chart. Configure core parameters such as risk per trade percentage, equity protection threshold, trailing stop sensitivity, and allowed trading hours. Choose an ECN or STP broker with low spreads and reliable order execution, and enable hedging if required by your strategy. Optimal chart timeframes are H1 and H4 for most users to balance signal noise and trade duration. Always run a forward demo test for at least three months and review logs before switching to a live account.

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 SMG Guard Pro by copying the EA file into the MT5 Experts folder and restarting the terminal, then attach it to your chosen chart. Configure core parameters such as risk per trade percentage, equity protection threshold, trailing stop sensitivity, and allowed trading hours. Choose an ECN or STP broker with low spreads and reliable order execution, and enable hedging if required by your strategy. Optimal chart timeframes are H1 and H4 for most users to balance signal noise and trade duration. Always run a forward demo test for at least three months and review logs before switching to a live account.

Ready to Install?

Download SMG Guard Pro from the MQL5 Market

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T

Developed by Tanawut Wongmanee

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

SMG Guard Pro 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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  • Access to live performance data
  • Detailed setup documentation
  • Community support and resources
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