Liquidity Scalper executes trades based on institutional order flow and Smart Money Concepts, specifically targeting liquidity sweeps followed by market displacement. The system identifies order blocks and enters on either retests or momentum-based stop orders. Risk controls include daily loss and profit limits, percentage-based position sizing, and session-specific trading windows. Trade management is handled through dual take-profit levels with partial closures, breakeven triggers, and trailing stops.
Liquidity sweep and displacement detection logic
Dual entry models for retests and stop orders
Session-based trading for London and New York sessions
Automated partial closures and trailing stop management
Integrated news filter and visual performance dashboard
Read from LiquidityScalper_MT5.mq5. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
RiskPercent
double
1.0
Risk per trade (%)
DailyLossLimit
double
2.0
Daily loss limit (%)
DailyProfitTarget
double
3.0
Daily profit target (%)
LockProfitsAtTarget
bool
false
Stop trading when daily target hit
EnableModelA
bool
true
Enable Model A (Retest entries)
EnableModelB
bool
true
Enable Model B (Stop orders)
MaxStopLoss_ModelA
int
150
Max stop loss Model A (points)
MaxStopLoss_ModelB
int
120
Max stop loss Model B (points)
TradeLondonSession
bool
true
Trade London session
TradeNYSession
bool
true
Trade New York session
LondonStartHour
int
8
London start (UTC)
LondonEndHour
int
12
London end (UTC)
Show all 39 inputs
Name
Type
Default
Description
NYStartHour
int
13
NY start (UTC)
NYEndHour
int
17
NY end (UTC)
MaxTradesPerSession
int
3
Max trades per session
MaxTradesPerDay
int
5
Max trades per day
MinDisplacementPoints
int
80
Minimum displacement candle (points)
MaxRetestCandles
int
10
Max candles to wait for retest
OrderBlockLookback
int
10
Candles to search for order block
LiquiditySweepBuffer
int
5
Buffer beyond sweep level (points)
TP1_RiskReward
double
1.5
TP1 Risk:Reward ratio
TP2_RiskReward
double
3.0
TP2 Risk:Reward ratio
TP1_PartialClose
double
50
Close % at TP1
BreakevenTrigger
int
100
Move to BE after X points profit
BreakevenBuffer
int
2
BE buffer (points)
TrailStartPoints
int
100
Start trailing after X points
TrailStopDistance
int
25
Trailing stop distance (points)
EnableNewsFilter
bool
true
Enable news filter
MinutesBeforeNews
int
15
Minutes before news to stop
MinutesAfterNews
int
15
Minutes after news to resume
HighImpactNewsTimes
string
08:30,13:30,15:00
High impact times (UTC)
ShowDashboard
bool
true
Show info dashboard
DrawKeyLevels
bool
true
Draw daily levels on chart
EnableSoundAlerts
bool
true
Sound alerts
EnableEmailAlerts
bool
false
Email alerts
EnablePushAlerts
bool
false
Push notifications
MagicNumber
int
777888
Magic number for this EA
TradeComment
string
LiqScalp
Trade comment
Slippage
int
10
Slippage in points
How to Install It
1Download the sourceUse "Download source (.zip)" above, or clone torOxO/LiquidityScalperv2 from GitHub, and unzip it.
2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts or MQL5/Experts.
3Copy the filesCopy the .mq4 / .mq5 file into Experts, and any .mqh files into the Include folder the code expects.
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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