This MetaTrader 5 expert advisor focuses on XAUUSD using a multi-timeframe scalping approach based on Smart Money Concepts. It identifies institutional market structures by analyzing H4 trends, H1 supply and demand zones, and M5 entries. The logic incorporates order block detection, Fair Value Gaps (FVG), and liquidity
Trading robot · MT5
Advanced KT Trader
Advanced KT Trader is a price action robot for MetaTrader 5 that specializes in trading the Kangaroo Tail candlestick pattern.
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Last update4 months ago14 Jun 2026
LicenceCustom licence
Overview
Advanced KT Trader employs a sophisticated scoring system to filter entries based on tail-to-body ratios and candle positioning. The strategy integrates support and resistance zone confluence alongside 200 EMA trend filters on daily and higher timeframes. Risk controls include an ATR volatility filter, spread protection, and a news event blocker. Users can also set daily gain and loss targets to preserve equity and manage trading activity through a detailed hourly session scheduler.
- Score-based Kangaroo Tail detection
- Support and resistance zone confluence
- Multi-timeframe EMA trend filtering
- Integrated news and spread filters
- Daily profit and loss limits
Details
Author
Valenteeno on GitHub
Type
Trading robot
Platform
Markets
Any symbol
Timeframes
M15-H1, H4 and above
Risk Profile
No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.
Input Parameters
Read from AdvancedKTTrader_FIXED.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
MagicNumber | int | EXPERT_MAGIC | Magic Number |
KT_Timeframe | ENUM_TIMEFRAMES | PERIOD_H1 | Kangaroo Tail Timeframe |
SR_Timeframe | ENUM_TIMEFRAMES | PERIOD_H4 | S/R Zones Timeframe |
UseChartTimeframe | bool | true | Use Chart Timeframe Instead |
Kt_Mode | KTMode | BASIC | KT Mode (Basic/Advanced) |
TailToBodyRatio | double | 2.0 | Tail to Body Ratio (minimum) |
BodyPositionFraction | int | 3 | Body Position Fraction (1/3 of range) |
KT_ExpiryBars | int | 100 | KT Expiry (bars) |
Kt_CandleDirection | KTCandleDirection | EITHER_DIRECTION | KT Candle Type |
Preceeding_CandleType | KTPreceedingType | EITHER_PRECEEDING | Preceeding Candle Type |
KeepKtVisible | bool | true | Retain past KT on Chart |
Enable_AdvancedFeature1 | bool | true | [1] KT within S/R Zone Cluster |
Show all 40 inputs
| Name | Type | Default | Description |
|---|---|---|---|
Feature1_ProximityPoints | double | 10.0 | Feature 1: Proximity Extension (points) |
Enable_AdvancedFeature2 | bool | true | [2] KT Body within Preceeding Candle Range |
Enable_AdvancedFeature3 | bool | true | [3] KT Range >= % of Context |
Feature3_PercentThreshold | double | 50.0 | Feature 3: Context % Threshold |
Feature3_ContextBars | int | 20 | Feature 3: Context Bars |
Feature3_ContextType | int | 0 | Feature 3: Context Type (0=Bars, 1=ATR) |
Enable_AdvancedFeature4 | bool | true | [4] KT Tail Tip Absence Check |
Feature4_TailPercent | double | 50.0 | Feature 4: Tail % from Tip |
Feature4_LookbackBars | int | 50 | Feature 4: Lookback Bars |
AdvancedScoreThreshold | double | 75.0 | Advanced Score Threshold (%) |
EnableDailyEMA | bool | true | Enable Daily 200 EMA |
DailyEMAPeriod | int | 200 | Daily EMA Period |
EnableEMASlope | bool | false | Enable EMA Slope Check |
EMASlopeLookback | int | 5 | EMA Slope Lookback |
EnableHigherEMA | bool | true | Enable Higher TF EMA |
HigherTimeframe | ENUM_TIMEFRAMES | PERIOD_H1 | Higher Timeframe |
HigherEMAPeriod | int | 200 | Higher TF EMA Period |
EnableHigherEMASlope | bool | false | Enable Higher EMA Slope |
HigherEMASlopeLookback | int | 3 | Higher EMA Slope Lookback |
EnableATRFilter | bool | true | Enable ATR Filter |
ATRPeriod | int | 14 | ATR Period |
ATRMultiplier | double | 1.5 | ATR Multiplier |
EnableSpreadFilter | bool | true | Enable Spread Filter |
MaxSpreadPoints | double | 50.0 | Max Spread (points) |
EnableNewsFilter | bool | false | Enable News Filter |
NewsBeforeMins | int | 30 | Minutes Before News |
NewsAfterMins | int | 30 | Minutes After News |
NewsCloseMins | int | 0 | Close Trades Before News (0=disabled) |
How to Install It
- 1Download the sourceUse "Download source (.zip)" above, or clone Valenteeno/AdvancedKTTrader from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
- 3Copy the filesCopy the .mq5 file into Experts.
- 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
- 5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.
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