SMC Strategy EA V1.0 MT5

Introduction

SMC Strategy EA V1.0 is an automated trading system developed for the MetaTrader 5 platform, based on Smart Money Concepts. It focuses on institutional trading behavior such as market structure, liquidity zones, and order blocks to identify high-probability trade setups. The system aims to reduce emotional trading and improve consistency through rule-based automation.

Key Features

• Smart Money Concept-based trading logic
• Automatic trade execution and management
• Market structure detection (BOS, CHOCH)
• Order block and liquidity zone identification
• Fair Value Gap (imbalance) detection
• Built-in risk management system
• Trailing stop and break-even functionality
• Multi-pair trading capability
• Customizable parameters
• Backtesting support on MT5

Recommended Settings

• Risk per trade: 1% to 2% for safer trading
• Timeframe: M15 or H1 for better structure clarity
• Currency pairs: Major pairs like EURUSD, GBPUSD, USDJPY
• VPS: Recommended for uninterrupted trading
• Broker: Low spread ECN broker preferred
• Avoid trading during high-impact news

Backtest Result

• Strong performance in trending and structured markets
• Moderate drawdown when proper risk settings are used
• Higher accuracy when aligned with market structure
• Performance may vary depending on broker and settings
• Forward testing is recommended before live trading

Advantages

• Based on institutional trading concepts
• Eliminates emotional decision-making
• Saves time through automation
• Consistent strategy execution
• High precision entries using SMC logic
• Built-in risk management features
• Can trade multiple pairs simultaneously
• Works 24/7 with VPS support

Disadvantages

• Complex logic may be difficult for beginners
• Performance depends on market conditions
• No guarantee of consistent profits
• Requires proper setup and optimization
• Sensitive to broker conditions (spread, slippage)
• Needs regular monitoring despite automation

Installation & Setup Guide

1. Download the EA file (.ex5)
2. Open MT5 → File → Open Data Folder
3. Go to MQL5 → Experts
4. Paste the EA file into the folder
5. Restart MT5
6. Drag the EA onto a chart
7. Enable AutoTrading
8. Adjust settings (risk, lot size, SL/TP)
9. Enable “Allow Live Trading”
10. Monitor performance regularly.

Support & Disclaimer

Support

If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:

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Telegram Group: Join our community

Disclaimer: 

Forex and gold trading involve risk. Past performance doesn't guarantee future results. Always test robots on demo before live trading and use proper risk management.