FTMO Smart DCA Gold EA MT4 – Free Download

Introduction

FTMO Smart DCA Gold EA is an expert advisor designed for forex traders looking to automate their trading strategies using the Dollar Cost Averaging (DCA) method. This EA is particularly optimized for FTMO and other proprietary trading firm challenges, ensuring compliance with strict risk management rules.

Technical Specifications

Version: 1.2
Year of issue: 2025
Working pairs: XAUUSD (Gold)

Recommended timeframe: Any
Minimum Deposit: $200
Average of account: 1:30 To 1:1000

Best Brokers List

FTMO Smart DCA Gold EA System works with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:

BROKER NAME	REGISTER	Year Founded	Headquartered	Leverage	Minimum Deposit	Regulating
	Register	2007	🇦🇺 Australia 🇨🇾 Cyprus 🇧🇸 The Bahamas 🇸🇿 Seychelles	1:1000	$200	ASIC, SCB, FSA
	Register	2008	🇨🇾 Cyprus	1:Unlimited	$10	CySEC, FCA, FSCA, FSA, BVI
	Register	2009	🇧🇿 Belize	1:2000	$10	FSC
	Register	2009	🇧🇿 Belize	1:3000	$1	IFCS
	Register	2009	🇨🇾 Cyprus 🇦🇺 Australia 🇧🇿 Belize 🇦🇪 Emirates	1:1000	$5	ASIC, CySEC , IFSC
	Register	2010	🇦🇺 Australia	1:500	$200	FCA , ASIC, DFSA
	Register	2011	🇬🇧 England	1:500	$25	CySEC
	Register	2006	🇪🇭 Ireland	1:400	$100	CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA

FTMO Smart DCA Gold EA Settings

How FTMO Smart DCA Gold EA Works

This expert advisor utilizes a Dollar Cost Averaging (DCA) strategy. Unlike traditional martingale or grid trading, DCA strategically places trades at calculated intervals to reduce risk and enhance profitability.

Entry Signal Identification

• The EA scans for potential buy/sell signals based on technical indicators such as moving averages, RSI, and ATR volatility filters.
• It ensures optimal entry points in trending and ranging markets.

Dollar Cost Averaging Mechanism

• If the price moves against the initial entry, the EA adds new positions at predefined intervals with a calculated lot size.
• This helps to average down the entry price, reducing drawdown and increasing the probability of closing trades in profit.

Dynamic Lot Sizing

• Unlike aggressive grid or martingale strategies, this EA adjusts lot size dynamically based on available margin, account balance, and risk parameters.
• This prevents excessive drawdowns and keeps risk under control.

Trade Closure & Take Profit

• The EA closes trades once the basket of positions reaches a targeted profit level.
• It uses a combination of trailing stop, TP adjustments, and breakeven settings to lock in profits efficiently.

Risk Management & FTMO Compliance

• The EA follows a strict risk management strategy, ensuring it stays within the risk limits of FTMO or other prop firms.
• Stop-loss and equity protection features prevent excessive losses.

Advantages of FTMO Smart DCA Gold EA

✅ Proven FTMO Success – Designed specifically to pass FTMO challenges and manage live funded accounts.

✅ Low Starting Capital – Works with a minimum deposit of $200, making it accessible to all traders.

✅ Stable & Safe Strategy – Unlike high-risk martingale or grid strategies, DCA ensures controlled risk.

✅ No Overtrading – The EA limits daily trades to avoid hitting FTMO’s risk limits.

✅ Easy to Use – No prior trading experience is required. Just load the EA, adjust the settings, and let it trade automatically.

Disadvantages of FTMO Smart DCA Gold EA

❌ Potential Drawdown – If market conditions are highly volatile, drawdown may increase before positions close in profit.

❌ Not Fully Automated – While the EA manages trades, manual intervention may be required for optimal performance in certain market conditions.

❌ Broker Dependency – Performance may vary depending on the broker’s spread, slippage, and execution speed.

Results & Performance

Recent backtests and live results show the EA’s ability to manage risk efficiently while generating consistent profits. Users have reported steady account growth with minimal drawdowns. However, individual performance may vary depending on broker conditions and market volatility.

Example Trading Results:

• FTMO Challenge Passed: Account reached target profit within allowed drawdown limits.
• Live Trading: Account showed a 5-10% monthly return with risk-adjusted settings.
• Backtesting: Historical data testing confirms a high win rate with controlled losses.

Conclusion

FTMO Smart DCA Gold EA is a well-designed forex trading tool that utilizes a Dollar Cost Averaging strategy to maximize profitability while minimizing risk. While it is particularly effective for FTMO challenges, traders should remain aware of potential drawdowns and broker dependencies. This EA is best suited for those looking to automate trading while maintaining a disciplined risk management strategy.