SmartTradingBot: Free MT5 Expert Advisor

SmartTradingBot

SmartTradingBot is a MetaTrader 5 expert advisor that automates forex trading by scanning market watch for setups based on H4 trend direction, M15 CHoCH/BOS patterns, fair value gaps, order blocks, RSI, and CCI oscillators with adaptive scoring.

Overview

SmartTradingBot enters trades using auto pending orders with manual gap settings and manages executions through a trade manager module including dashboard monitoring. Risk controls feature equity percentage lot sizing, maximum volume caps, spread filters, and setup cooldowns while supporting swing and intraday timeframes. The README notes current limitations including unverified production status and recommends local compilation and testing before use.

H4 Trend Analysis

M15 CHoCH BOS

FVG OB SMC

RSI CCI Oscillator

Adaptive Learning

Details

Author

aliaskari56 on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

Trend following, SMC / ICT / price action, Indicator crossover

Markets

Any symbol

Timeframes

H4 and above, 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

MQL5/Experts/SmartTradingBot_FINAL.mq5

Source

github.com/aliaskari56/SmartTradingBot-Production

Input Parameters

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

Name	Type	Default	Description
`InpMagic`	`ulong`	`26093001`
`InpAutoTrading`	`bool`	`false`
`InpScanSeconds`	`int`	`10`
`InpAllowUniversal`	`bool`	`true`
`InpOneSetupPerSymbol`	`bool`	`true`
`InpScannerSymbols`	`string`		empty = selected Market Watch; comma/semicolon separated
`InpScannerMinQuality`	`double`	`45.0`
`InpScannerMinScore`	`double`	`55.0`
`InpScannerMinTopGap`	`double`	`3.0`
`InpScannerMaxWatchlist`	`int`	`50`
`InpScannerTopN`	`int`	`10`
`InpScannerMaxQuoteAgeSec`	`int`	`300`

Show all 40 inputs

Name	Type	Default	Description
`InpManualPendingGapPips`	`double`	`5.0`
`InpTesterForceAutoTrading`	`bool`	`true`	tester only; prevents stale/missing .set state from disabling order placement
`InpTesterChartSymbolOnly`	`bool`	`true`	tester only; isolates the test universe to _Symbol
`InpOscillatorConfirmation`	`bool`	`true`
`InpOscTF`	`ENUM_TIMEFRAMES`	`PERIOD_M15`
`InpRSIPeriod`	`int`	`14`
`InpCCIPeriod`	`int`	`20`
`InpRSIBuyLevel`	`double`	`55.0`
`InpRSISellLevel`	`double`	`45.0`
`InpCCIBuyLevel`	`double`	`50.0`
`InpCCISellLevel`	`double`	`-50.0`
`InpRSIWeight`	`double`	`7.0`
`InpCCIWeight`	`double`	`8.0`
`InpOscillatorHardFilter`	`bool`	`false`
`InpMaxSpreadPips`	`double`	`0.0`	0 = disabled; broker-symbol specific
`InpSetupCooldownMinutes`	`int`	`15`
`InpMaxSetupAgeBars`	`int`	`0`	0 = disabled; M15 bars
`InpUseRiskSizing`	`bool`	`false`	false preserves fixed-lot mode
`InpRiskPercent`	`double`	`0.50`	account equity risk per setup
`InpMaxRiskVolume`	`double`	`0.0`	0 = broker max only
`InpAdaptiveLearning`	`bool`	`true`
`InpAdaptiveBaseScore`	`double`	`50.0`
`InpAdaptiveMinScore`	`double`	`45.0`
`InpAdaptiveMaxScore`	`double`	`75.0`
`InpAdaptiveStep`	`double`	`5.0`
`InpAdaptiveWeakWinRate`	`double`	`0.40`
`InpAdaptiveStrongWinRate`	`double`	`0.65`
`InpAdaptiveMinSamples`	`int`	`20`

How to Install It

1Download the sourceUse "Download source (.zip)" above, or clone aliaskari56/SmartTradingBot-Production 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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