Medula SMC EA: Free MT5 Expert Advisor

Overview

By analyzing raw candle data, it identifies market structures, order blocks, and various fair value gaps. The system includes multiple versions, ranging from simple price action models to complex engines with multi-timeframe bias and liquidity sweep detection. Risk management features include structure-anchored stop losses, partial take-profits, and automated break-even logic. It also employs a self-calibrating conviction threshold designed to adapt to different market volatilities and small account balances.

Zero-indicator engine using raw OHLC candle data

Automated detection of order blocks and fair value gaps

Market structure analysis with BOS and CHoCH identification

R-based risk accounting with partial take-profits and break-even

Self-calibrating conviction threshold for dynamic symbol entry

Details

Author

gurupirataurai92-wq on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

SMC / ICT / price action, Trend following, Mean reversion, Multi-strategy

Markets

Forex, Gold

Timeframes

M1-M5, 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.

EA files

Source

github.com/gurupirataurai92-wq/MetaEditor5-

Input parameters

Read from Medula_SMC.mq5. Defaults are the author's; change them in the EA's Inputs tab.

Name	Type	Default	Description
`InpMagic`	`long`	`770040`	Magic number
`InpDeviationPts`	`int`	`30`	Max price deviation (points)
`InpVerboseLog`	`bool`	`true`	Print to Experts log
`InpCsvLog`	`bool`	`true`	Write MedulaSMC.csv
`InpShowPanel`	`bool`	`true`	Live panel on chart
`InpDrawObjects`	`bool`	`true`	Draw zones on the chart
`InpDiagnostics`	`bool`	`true`	Log why an entry was skipped
`InpDiagThrottleSec`	`int`	`900`	Seconds between repeats of a reason
`InpSelfTest`	`bool`	`true`	Readiness report on attach
`InpTimeframe`	`ENUM_TIMEFRAMES`	`PERIOD_H1`	Timeframe the EA trades
`InpBars`	`int`	`500`	Bars of history analysed
`InpSwingK`	`int`	`2`	Fractal wing size

Show all 40 inputs

Name	Type	Default	Description
`InpBosBufferPct`	`double`	`0.05`	Break must clear by this share of avg range
`InpStructureLookback`	`int`	`60`	Bars searched for the structure shift
`InpUseOrderBlocks`	`bool`	`true`	Trade order-block returns
`InpMaxOrderBlocks`	`int`	`20`	Order blocks tracked per side
`InpObMaxAgeBars`	`int`	`180`	Forget order blocks older than this
`InpObMitigatedPct`	`double`	`50.0`	Mitigated once price fills this % of it
`InpUseBreakers`	`bool`	`true`	Trade breaker blocks (failed OB that flips)
`InpUseFVG`	`bool`	`true`	Trade FVG returns
`InpMaxFVGs`	`int`	`40`	FVGs tracked
`InpFvgMaxAgeBars`	`int`	`120`	Forget FVGs older than this
`InpFvgMinPct`	`double`	`0.02`	Gap must be >= this share of avg range
`InpUseVolumeImb`	`bool`	`true`	Also track 2-candle body gaps (volume imbalance)
`InpFvgFillPct`	`double`	`50.0`	Reported as consumed past this % (CE)
`InpUseInversionFvg`	`bool`	`true`	A violated gap inverts and keeps trading (IFVG)
`InpBagDisplaceMult`	`double`	`1.80`	Breakaway gap: its candle >= this x avg range
`InpBagMaxRunIn`	`double`	`1.50`	Breakaway only if the run into it is under this
`InpBagRangeMax`	`double`	`2.00`	...and the bars before it were a range this tight
`InpExhaustRunMult`	`double`	`3.00`	Exhaustion once the run already exceeds this
`InpExhaustLookback`	`int`	`12`	Bars measured for the run into the gap
`InpFvgGradeFloor`	`double`	`0.00`	Drop gaps graded below this (0 = keep all)
`InpFvgTargetPull`	`bool`	`true`	Unfilled gaps ahead of price are targets
`InpBestPoi`	`bool`	`true`	Enter the best-graded POI, not the first found
`InpTradePaCandles`	`bool`	`false`	Trade displacement candles directly (no gap needed)
`InpPaBodyPct`	`double`	`0.55`	Body must be this share of the candle range
`InpPaRangeMult`	`double`	`0.90`	Candle range >= this x average range
`InpPaMaxAge`	`int`	`6`	A momentum candle stays tradeable this many bars
`InpPaMaxRun`	`double`	`2.50`	Stop chasing once price has run this far past it
`InpConfirmModel`	`bool`	`true`	Retrace + confirmation model (disables §3b/d/e)

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone gurupirataurai92-wq/MetaEditor5- 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, 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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