SMC Copet Trader: Free MT5 Expert Advisor

Overview

SMC Copet Trader analyzes market structure and order blocks across multiple timeframes to identify trade entries. The robot manages risk through a modular protection system, including a grid recovery mechanism, daily loss limits, and maximum drawdown guards. It filters trades using RSI levels, premium or discount zones, and session killzones. Trade exits are handled via fixed profit targets, break-even adjustments, and news-based pausing. The repository does not include a README.

Core SMC and ICT library integration

Comprehensive drawdown and loss protection

Multi-timeframe market structure analysis

RSI and premium/discount price filters

Details

Author

ahmadkikok on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

SMC / ICT / price action, Grid, News

Markets

Any symbol

Timeframes

M1-M5, M15-H1

Risk profile

Opens a grid of orders: exposure builds up in a trend

EA files

MQL5/SMC_CopetTrader_v2.mq5

Source

github.com/ahmadkikok/MT5-EA-CopetTraderV2

Input parameters

Read from SMC_CopetTrader_v2.mq5. Defaults are the author's; change them in the EA's Inputs tab.

Name	Type	Default	Description
`InpMinATRPoints`	`int`	`30`	ATR Points minimum (pts)
`InpRetestTolPoints`	`double`	`10.0`	OB retest tolerance (pts)
`InpSlippage`	`int`	`10`	Slippage
`InpStructTF`	`ENUM_TIMEFRAMES`	`PERIOD_M5`	Timeframe Struktur
`InpBiasTF`	`ENUM_TIMEFRAMES`	`PERIOD_M15`	Timeframe Bias
`InpMagic`	`int`	`12345`	Magic Number
`InpLot`	`double`	`0.01`	Fixed Lot
`ProfitTarget`	`double`	`10`	Target profit total (USD)
`FixedTP`	`double`	`4`	TP per position (USD)
`InpMaxBuyPositions`	`int`	`3`	Max Buy Position
`InpMaxSellPositions`	`int`	`3`	Max Sell Position
`InpMinSecondsBetween`	`int`	`30`	Delay antar entry (sec)

Show all 40 inputs

Name	Type	Default	Description
`InpMinDistancePoints`	`int`	`5000`	Min jarak antar entry (pts)
`sep_prot`	`string`		────── Protection ──────
`InpEnableGridRecovery`	`bool`	`true`	Enable Grid Recovery TP [Grid]
`InpEnableFloatingLimit`	`bool`	`true`	Enable Floating Loss Limit [FLProt]
`InpEnableDailyLimit`	`bool`	`true`	Enable Daily Closed Loss Limit [DLProt]
`InpEnableMaxDD`	`bool`	`true`	Enable Max Drawdown Guard [DDProt]
`InpReversalGuard`	`bool`	`true`	Enable Reversal Guard [RG]
`sep_trade`	`string`		────── Trade ──────
`InpUseOBBasedSL`	`bool`	`false`	Enable OB-based StopLoss [OBSL]
`InpApplyOBSL_Buy`	`bool`	`false`	[OBSL] Apply for Buy
`InpApplyOBSL_Sell`	`bool`	`false`	[OBSL] Apply for Sell
`InpEnableBE_Buy`	`bool`	`false`	Enable BE for BUY [BE]
`InpEnableBE_Sell`	`bool`	`true`	Enable BE for SELL [BE]
`InpCheckEngulfing`	`bool`	`false`	Require engulfing candle — KEEP FALSE untuk frekuensi entry normal [Engulf]
`InpRequireFreshOB`	`bool`	`false`	OB harus FRESH (belum disentuh) [OB]
`InpMinOBScore`	`double`	`0.5`	Min OB score 0.0-1.0 (0.5=medium) [OB]
`sep_entry`	`string`		────── Entry ──────
`InpBlockOverbought`	`bool`	`true`	Block BUY if RSI > 70 [RSI]
`InpBlockOversold`	`bool`	`true`	Block SELL if RSI < 30 [RSI]
`InpValidateEntry`	`bool`	`false`	Block BUY di Premium / SELL di Discount [PD]
`sep_zone`	`string`		────── Zone ──────
`InpBlockBuyAtATH`	`bool`	`true`	Block BUY near ATH [ATH]
`InpBlockSellAtATL`	`bool`	`true`	Block SELL near ATL [ATL]
`InpEnablePDFilter`	`bool`	`true`	Enable PDL/PDH Filter [PDFilter]
`InpBlockBadPDEntry`	`bool`	`true`	Block BUY@PDH / SELL@PDL [PDFilter]
`sep_filters`	`string`		────── Filters ──────
`InpEnableKillZone`	`bool`	`false`	Hanya entry saat London/NY session [KZ]
`InpEnableNews`	`bool`	`false`	Enable News Filter [News]

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone ahmadkikok/MT5-EA-CopetTraderV2 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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