How to Use Smart Trader Plus Algo: Capital Planning for Consistent 6% Daily Profits

Automated trading has completely changed the landscape of the Forex market. With tools like the Smart Trader Plus Algo, generating consistent daily returns is no longer a pipe dream—it’s a mathematical reality. However, achieving 6% daily profits requires a massive shift in how you handle risk.

In this detailed, beginner-friendly guide, we are going to break down exactly how the Smart Trader Plus algorithm works, the ideal account setups, broker requirements, and the precise capital planning strategies you must use to lower your risk and ensure long-term consistent profits.

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Want to test it out risk-free?

Before we dive into the strategy, remember that you can test the Smart Trader Plus Algo completely free! Download the Free Demo here and see the automation in action on your own MT5 terminal.

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How the Smart Trader Plus Algo Works

The Smart Trader Plus is a fully automated algorithmic trading system designed for MetaTrader 5 (MT5). It is specifically engineered to run on XAUUSD (Gold).

Unlike manual trading, where human emotion often dictates the outcome, this algo executes trades based on strict, predefined mathematical models utilizing a Risk Multiplier Strategy.

Step 1: Choosing the Right Account Type

Because of how the multiplier math works, selecting the correct account type based on your starting capital is non-negotiable:

• Starting with less than $1,000? You MUST run the algo on a Cent Account. In a Cent account, your $100 balance appears as 10,000 cents, giving the algorithm the mathematical margin breathing room it needs to deploy micro-lots.
• Starting with $1,000 or more? You can safely run this on a standard USD Account.

Step 2: The Broker Leverage Requirement (1:2000)

For the Smart Trader Plus to perform optimally, we heavily recommend a broker that offers 1:2000 leverage. High leverage is a tool; it gives the algorithm the margin flexibility to open recovery trades without hitting a margin call.

Our Recommended Brokers:

1. Exness — The absolute best broker for this algorithm, offering the required 1:2000 leverage and instant execution.
2. RoboForex — A highly trusted alternative that also supports excellent trading conditions for automated strategies.

What if your broker doesn't offer 1:2000 leverage? (The Virtual Capital Trick)

If you live in a region where Exness isn't available, or you prefer a broker like PU Prime (which offers a maximum of 1:1000 leverage), you must adjust the algo's input settings to compensate.

The Smart Trader Plus has a built-in "Virtual Capital" setting to solve this exact problem:

• Scenario A (PU Prime at 1:1000): Your leverage is exactly half of the recommended 1:2000. If your total real capital is $100 (which is 10,000 cents), you need to halve it in the settings. You must type 5000 into the Virtual Capital setting. You will now get the exact same mathematical benefits and safety as a 1:2000 broker!
• Scenario B (Any Broker at 1:500): Your leverage is a quarter (1/4th) of 1:2000. If your real capital is $100 (10,000 cents), you must divide it by four. You will type 2500 into the Virtual Capital setting.

(Note: When you use the Virtual Capital setting, your returns and risk calculations will be based purely on that virtual number, ensuring you never over-leverage your real balance).

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Strategy 1: The Entire Account IS Your Stop Loss

When using the Smart Trader Plus, you must fundamentally change how you view a Stop Loss.

If the market trends aggressively in one direction without any pullback, the algorithm will continue to multiply the risk until the account runs out of margin. This means the capital in your trading account is completely at risk.

With this algorithm, the total amount in the account IS the stop loss.

If your total risk tolerance (the maximum amount you are willing to lose on a single setup) is $50, you should only deposit $50 into the MT5 account. If your risk tolerance is $1,000, you deposit $1,000.

Crucial Daily Habit: Because your entire deposited capital is at risk, you must withdraw or transfer your profits daily. If your $1,000 account makes 10% ($100) today, transfer that $100 out immediately. Keep your exposure strictly limited to your initial risk capital.

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Strategy 2: The 4-Part Capital Division Method (The Best Option)

To truly master the Smart Trader Plus and ensure you survive market anomalies, we highly recommend the Capital Division Method. This is the ultimate way to lower your risk while maintaining massive upside potential.

Let's assume your total risk capital (your total Stop Loss) is $100. Instead of putting all $100 into the trading account at once, we divide it into strategic chunks.

For example, you can split your $100 into 3 parts:

• $20 (Active Trading Account)
• $40 (Backup 1)
• $40 (Backup 2)

How the Strategy Plays Out:

1. Phase 1: You fund the MT5 account with just $20. You keep the remaining $80 safely stored in your broker's wallet or your bank account. You let the algorithm run and withdraw profits daily.
2. Phase 2: If a massive, unprecedented market crash occurs and blows the $20 account, you remain calm. Why? Because you still have $80 in backup capital.
3. Phase 3: You now deploy your first $40 backup into the MT5 account. You let the algorithm run again to recover the $20 loss and move back into profit.
4. Phase 4: In the incredibly rare event that the $40 account also blows, you deploy your final $40 backup.

The Mathematical Advantage

In this method, if any of the accounts make consistent daily profits (which is what the algo is designed to do), you win.

Even if the absolute worst-case scenario happens and all three accounts blow, you are still perfectly within your calculated loss! You only lost your predefined $100 risk limit, but you gave the algorithm three separate lifelines to succeed.

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Pricing & How to Access the Algo

To access the Smart Trader Plus, there are a few strict requirements:

1. You Must Join Our Partner Network (IB)
Regardless of which broker you choose (Exness, RoboForex, or PU Prime), you must register your broker account under our BCB Elevate affiliate/partner link. We only provide this premium algorithm to members of our partner network.

2. The Rental & Profit Share Model
We run a rental model for this algorithm based on your capital size. If your starting capital is between $100 and $999, you must pay a one-time setup fee of $49.

After that, you simply pay a 20% Profit Share every week, paid manually via Crypto.

• Example: If you start with a $100 account and the algorithm generates $30 in profit during the week, you get to keep $24, and you manually send us $6 (20% of $30) via crypto at the end of the week.

(Note: The absolute minimum starting capital required for this algorithm is $10).

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The VPS Requirement

Because the Smart Trader Plus is a fully automated system, it must run 24 hours a day, 5 days a week without interruption. If your personal computer turns off, or your internet drops while a trade is open, it could completely break the algorithm's risk multiplier logic and blow your account.

You must run this algorithm on a Virtual Private Server (VPS).

If you do not already have a dedicated Forex VPS, here are our top two trusted providers:

1. ForexVPS.net (Highly Recommended)
2. FXSVPS

Simply rent a basic VPS, install MetaTrader 5 on it, and let the algorithm run safely in the cloud!

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Ready to Start Automating?

By planning your capital in advance, configuring your Virtual Capital correctly based on your broker's leverage, and withdrawing daily, the Smart Trader Plus transforms from a high-risk gamble into a highly calculated, cash-generating business asset.

Don't just take our word for it. Visit the Smart Trader Plus page, download the free demo, and test this capital management strategy for yourself!