
Description
Introduction
The SMC Sweep Fvg Robot EA V4.97 MT5 is a fully automated Smart Money Concepts Expert Advisor built for MetaTrader 5. It automatically detects liquidity sweeps followed by Fair Value Gaps and executes trades on your behalf. This removes the need for constant chart watching and emotional decisions, letting you focus on reviewing results instead of monitoring live. Perfect for traders who already understand SMC setups but want a reliable 24/5 partner.
Key Features
- Fully automated SMC Sweep + FVG logic with instant entry
- Built-in risk controls (spread filter, daily loss limit, balance protection)
- Multi-timeframe confirmation option
- Clear dashboard for trade monitoring
- Compatible with any MT5 broker
- Configurable lot sizing and entry filters
Recommended Settings
Recommended Pair: EURUSD, GBPUSD, USDJPY, AUDUSD
Recommended Timeframe: M15
Key Settings:
- Lot Size: 0.01 (adjust based on account balance)
- Stop Loss: 50 pips
- Take Profit: 80 pips
- Spread Filter: Maximum 10 pips
- Daily Loss Limit: 1% of balance
- Trailing Stop: Enable (30 pips)
- Max Daily Trades: 5
Advantages
- Eliminates screen-time fatigue and emotional trading
- Applies consistent SMC rules every single session
- Reduces reliance on manual analysis
- Provides systematic entry, management and exit
- Gives you time to review performance instead of trading live
Disadvantages
- Backtest results do not guarantee future performance
- Market conditions and news events can cause big drawdowns
- Broker execution quality and spreads directly affect results
- Requires reliable VPS and stable internet
- Needs proper understanding of risk management and SMC concepts
Support & Disclaimer
Support:
If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:
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.
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