by 
This MetaTrader 5 expert advisor is designed for scalping gold on the M1 timeframe. It features a versatile strategy engine capable of toggling between breakout and mean-reversion modes based on market conditions. The system manages trades using ATR-based trailing stops, break-even adjustments, and time-based exits. Ri
Trading robot · MT5
Smart Daily SR Hunter
This MetaTrader 5 expert advisor automates trading using the previous day high and low levels as support and resistance.
GitHub stars1
Forks0
Last update2 months ago15 Jul 2026
LicenceMIT
Overview
Smart Daily SR Hunter monitors price reactions at these key daily zones to execute reversal entries or breakout trades based on configurable point distances. The EA manages risk through fixed stop loss and take profit levels, along with optional breakeven and trailing stop functionalities. It includes a time filter to restrict activity to specific hours and ensures only one position is active per magic number at any time.
- Previous Day High and Low level detection
- Reversal and breakout entry logic
- Automatic breakeven and trailing stop
- Integrated trading hour filter
- Chart level visualization
Details
Author
LeylaKhojasteh on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Breakout, Mean reversion
Markets
Any symbol
Timeframes
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
Input parameters
Read from EA_Smart_Daily_SR_Hunter.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
lotsize | double | 0.05 | |
slippage | int | 10 | |
magic_number | int | 5656 | |
stoploss_pips | int | 2000 | |
takeprofit_pips | int | 4000 | |
BreakoutPoints | int | 500 | valid breakout (pips) |
breakeven_Activation | bool | true | Enable breakeven |
breakeven_trigger_pips | int | 1000 | BreakEven activation (pips) |
trailing_Activation | bool | false | Enable trailing stop |
trailing_start_pips | int | 2000 | Trailing start (pips) |
trailing_step_pips | int | 500 | Trailing step (pips) |
start_hour | int | 2 | Trading start hour |
Show all 13 inputs
| Name | Type | Default | Description |
|---|---|---|---|
end_hour | int | 23 | Trading end hour |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone LeylaKhojasteh/EA-Smart-Daily-SR-Hunter-MT5 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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