Trading robot · MT5

ICT Smart Money EA

by Sonthep

This MetaTrader 5 expert advisor automates trading using Smart Money Concepts (SMC) and Inner Circle Trader principles.

GitHub stars4
Forks0
Last update1 year ago26 May 2025
LicenceNone stated

Overview

ICT Smart Money EA identifies market entries by detecting Order Blocks, Break of Structure, Liquidity Sweeps, and Fair Value Gaps. The system incorporates a confidence scoring algorithm that evaluates signal strength across multiple parameters to filter trades. Risk controls include dynamic lot sizing based on a percentage of equity, daily trade limits, and a break-even function. Trading is restricted to specific liquidity windows via London and New York Killzone filters, while an integrated dashboard provides real-time status updates.

Details

Author

Sonthep on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

SMC / ICT / price action, Breakout

Markets

Forex

Timeframes

M1-M5, M15-H1

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 ICT_SmartMoney_EA_v4_Production.mq5. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
RiskPercentdouble1.5Risk per trade (%)
RR_Ratiodouble2.0Risk:Reward ratio
RR_Ratio_Altdouble1.5Alternative RR for medium confidence
SL_Bufferint25Stop loss buffer (points)
MinConfidenceScoreint65Minimum confidence score (balanced)
HighConfidenceScoreint85High confidence threshold
SwingLookbackint4Swing points lookback
BOS_Lookbackint15BOS lookback (balanced)
OB_Lookbackint10Order Block lookback (balanced)
RequireFVGboolfalseRequire Fair Value Gap (disabled for reliability)
UseMultiTimeframeboolfalseUse multi-timeframe analysis (simplified)
UseLondonKZbooltrueUse London Killzone (08:00-10:30 GMT)
Show all 22 inputs
NameTypeDefaultDescription
UseNYKZbooltrueUse NY Killzone (13:00-16:00 GMT)
TimezoneOffsetint0Timezone offset from GMT
MaxTradesPerDayint3Maximum trades per day
AllowExtraTradebooltrueAllow extra trade for high confidence
EnableBreakEvenbooltrueEnable break-even
EnableTrailingboolfalseEnable trailing stop (disabled for stability)
ShowDashboardbooltrueShow dashboard
ShowDebugInfobooltrueShow debug information
ShowOBZonesbooltrueShow Order Block zones
ShowTradeLinesbooltrueShow trade entry/SL/TP lines

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone Sonthep/ICT_SmartMoney_EA from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
  3. 3Copy the filesCopy the .mq5 file into Experts, and any .mqh files into the Include folder the code expects.
  4. 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
  5. 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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