by 
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
SmartMoney MTF EA
This automated expert advisor for MetaTrader 5 implements institutional Smart Money Concepts using a multi-timeframe approach.
GitHub stars9
Forks5
Last update4 months ago11 May 2026
LicenceApache-2.0
Overview
SmartMoney MTF EA synchronizes analysis across three timeframes to identify trend direction, premium or discount zones, and market structure shifts. The robot executes trades based on liquidity sweeps and Fibonacci retracement levels, specifically targeting optimal trade entry zones. Risk controls include percentage-based lot sizing, minimum risk-to-reward filters, automated breakeven adjustments, and trailing stops. It also includes session-based filters to limit trading to high-volume London and New York sessions.
- Multi-timeframe liquidity sweep and structure analysis
- Premium and discount zone filtering with Fibonacci OTE
- Dynamic risk-based lot sizing and session filters
- Automated breakeven and trailing stop management
Details
Author
SiyabongaDlamini on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
SMC / ICT / price action, Trend following
Markets
Gold, 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
expert-advisorforexgoldmetatrader-5mql5mql5-strategysmart-money-conceptssmctrading-botxauusd
Input Parameters
Read from SmartMoney_MTF_EA_v2.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
InpHigherTF | ENUM_TIMEFRAMES | PERIOD_H4 | Higher TF (H4 or H1) |
InpMiddleTF | ENUM_TIMEFRAMES | PERIOD_M15 | Middle TF (M15 or M5) |
InpEntryTF | ENUM_TIMEFRAMES | PERIOD_M1 | Entry TF (M1) |
InpSwingBars | int | 5 | Bars to confirm swing |
InpMaxSwingLookback | int | 150 | Max bars to look back for swings |
InpDiscountThreshold | double | 0.50 | Discount zone threshold (0.5 = 50%) |
InpFibEntryMin | double | 0.618 | Min Fib retracement for entry |
InpFibEntryMax | double | 0.786 | Max Fib retracement for entry |
InpRequireFibZone | bool | false | Must be in Fib zone to enter |
InpSweepLookbackBars | int | 20 | Bars to look back for sweep levels |
InpSweepConfirmationBars | int | 1 | Bars to confirm sweep |
InpSweepWickRatio | double | 0.5 | Min wick ratio for sweep |
Show all 39 inputs
| Name | Type | Default | Description |
|---|---|---|---|
InpSweepCloseRatio | double | 0.4 | Close must be within this % of bar |
InpConsolidationBars | int | 6 | Bars for consolidation |
InpConsolidationPips | double | 3.0 | Max range for consolidation (pips) |
InpStructureLookback | int | 15 | Bars for structure analysis |
InpRequireStructureShift | bool | false | Require structure shift for entry |
InpRiskPercent | double | 1.0 | Risk per trade (%) |
InpMinRR | double | 2.0 | Minimum Risk:Reward |
InpMaxRR | double | 10.0 | Maximum Risk:Reward for extended targets |
InpSlBufferPips | int | 3 | SL buffer in pips |
InpUseExtendedTarget | bool | true | Use extended targets on sweeps |
InpUseBreakeven | bool | true | Move to breakeven |
InpBreakevenRR | double | 1.0 | RR to trigger breakeven |
InpUseTrailing | bool | true | Use trailing stop |
InpTrailingRR | double | 2.0 | RR to start trailing |
InpTrailingStep | double | 0.5 | Trail at this % of profit |
InpMagicNumber | int | 123456 | Magic Number |
InpSlippage | int | 50 | Max slippage (points) |
InpMaxSpread | int | 30 | Max spread (points) |
InpMaxDailyTrades | int | 10 | Max trades per day |
InpMaxOpenPositions | int | 3 | Max open positions at once |
InpTradeCooldownBars | int | 5 | Bars between trades on entry TF |
InpFilterSessions | bool | true | Filter by trading session |
InpTradeLondon | bool | true | Trade London session |
InpTradeNewYork | bool | true | Trade New York session |
InpTradeAsia | bool | false | Trade Asia session |
InpDebugMode | bool | true | Enable debug prints |
InpDrawZones | bool | true | Draw zones on chart |
How to Install It
- 1Download the sourceUse "Download source (.zip)" above, or clone SiyabongaDlamini/SmartMoney.MQ5 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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