EA Scalper XAUUSD is an automated trading research project for MetaTrader 5 focused on gold. It employs a multifaceted entry strategy using Smart Money Concepts like order blocks and liquidity sweeps, alongside moving average crossovers and Fibonacci zones. The EA includes a self-learning module designed to adapt to di
Trading robot ยท MT5
Ict Order Block and FVG
This MetaTrader 5 robot executes trades based on Inner Circle Trader methodologies.
GitHub stars1
Forks0
Last update1 year ago9 Feb 2025
LicenceNone stated
Overview
Ict Order Block and FVG identifies institutional Order Blocks and Fair Value Gaps while optionally screening for liquidity pool sweeps or Market Structure Shifts. The algorithm enters positions when price imbalances are detected within specific swing periods. Risk management is handled through dynamic lot sizing based on account equity and a specified risk percentage. Each trade includes an automated stop loss and a take profit calculated using a fixed risk-to-reward ratio. The README provides a minimal strategy overview.
- Order Block detection logic
- Fair Value Gap identification
- Liquidity pool sweep logic
- Dynamic risk-based position sizing
- Configurable risk-to-reward ratio
Details
Author
Tzigger on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
SMC / ICT / price action
Markets
Forex, Gold
Timeframes
Any timeframe
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.
EA files
Input parameters
Read from ICT.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
SwingPeriod | int | 55 | Swing period for Order Block detection |
FVG_Bars | int | 11 | Bars to look back for FVG |
RiskPercentage | double | 1.0 | Risk percentage per trade (0.1-5%) |
RiskRewardRatio | double | 4.4 | Risk:Reward ratio (1:2) |
UseLiquidityPool | bool | true | Use liquidity pool (MSS) logic |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone Tzigger/ict_trading_algo 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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