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 · MT5
Phase 404 EA
Phase 404 EA is a MetaTrader 5 robot that automates a mechanical Smart Money Concepts strategy including Wyckoff logic and liquidity sweeps.
GitHub stars14
Forks7
Last update5 months ago7 Apr 2026
LicenceMIT
Overview
Phase 404 EA identifies market structure shifts and enters trades during London or New York kill zones using Fibonacci Optimal Trade Entry levels. The expert advisor manages risk through percentage-based position sizing, maximum daily loss and profit limits, and a cap on trades per day. It includes automated trade management features such as break-even triggers, partial closures at fixed reward ratios, and targeting opposite liquidity levels.
- Automated Smart Money Concepts and Wyckoff logic
- Liquidity sweep and Market Structure Shift detection
- London and New York session kill zone filters
- Dynamic structure-based stop loss with buffer
- Automated partial profit booking and break-even
Details
Author
Musyimi97 on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
SMC / ICT / price action
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.
EA files
Topics
forexmql5mt5order-blockspine-scriptsmart-moneytechnical-analysistradingtradingviewwyckoff
Input parameters
Read from PHASE404_EA.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 |
MaxDailyLossPct | double | 3.0 | Max daily loss % before EA stops |
MaxDailyProfitPct | double | 6.0 | Max daily profit % — stop trading |
MaxTradesPerDay | int | 3 | Max trades per day |
MinLotSize | double | 0.01 | Minimum lot size |
MaxLotSize | double | 10.0 | Maximum lot size |
SwingLookback | int | 10 | Bars to detect swing high/low |
LiqLookback | int | 50 | Bars to scan for BSL/SSL |
SweepBuffer | double | 5.0 | Pips buffer for liquidity sweep confirm |
MSSLookback | int | 5 | Bars for MSS swing detection |
OTE_High | double | 0.618 | OTE upper Fib level |
OTE_Low | double | 0.786 | OTE lower Fib level |
Show all 36 inputs
| Name | Type | Default | Description |
|---|---|---|---|
EQ_Level | double | 0.500 | Equilibrium level |
MagicNumber | int | 404 | EA Magic Number |
Slippage | int | 3 | Max slippage in points |
UseKillZones | bool | true | Only trade during kill zones |
UseLondonKZ | bool | true | Trade London Open KZ |
UseNYKZ | bool | true | Trade NY Open KZ |
LondonKZ_Start | int | 2 | London KZ start hour (NY time) |
LondonKZ_End | int | 5 | London KZ end hour (NY time) |
NYKZ_Start | int | 7 | NY KZ start hour (NY time) |
NYKZ_End | int | 10 | NY KZ end hour (NY time) |
SL_BufferPips | double | 3.0 | Extra buffer beyond structure SL (pips) |
UseBreakEven | bool | true | Move SL to break even |
BreakEvenTrigger | double | 1.5 | RR ratio to trigger break even |
UseTrailStop | bool | false | Enable trailing stop |
TrailStopPips | double | 15.0 | Trailing stop distance (pips) |
UsePartialClose | bool | true | Close 50% at TP1 |
TP1_RR | double | 1.5 | TP1 Risk:Reward ratio (partial close) |
TP2_Liquidity | bool | true | TP2 = opposite liquidity level |
ShowDashboard | bool | true | Show info panel |
ShowStructure | bool | true | Draw structure on chart |
BullColor | color | clrLime | |
BearColor | color | clrRed | |
OTEColor | color | clrDodgerBlue | |
LiqColor | color | clrGold |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone Musyimi97/phase404 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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