Trading robot · MT5

SMC EA

by bywinds

The SMC EA is a MetaTrader 5 expert advisor that trades using Smart Money Concepts strategies.

GitHub stars4
Forks0
Last update2 days ago24 Oct 2026
LicenceApache-2.0

Overview

SMC EA determines direction on higher timeframes like H4, defines structure on middle timeframes, and identifies entries on lower timeframes through swing highs and lows, break of structure, order blocks, fair value gaps, and liquidity sweeps. A weighted scoring system calculates signals when the net score exceeds the entry threshold. Trades are exited using structural stop loss and take profit levels combined with ATR buffers. Risk controls include maximum spread filtering, margin checks, normalized lot sizing, and automatic closure of opposite positions before new entries. The EA supports multiple modules with adjustable parameters for secondary development and backtesting.

Details

Author

bywinds on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

SMC / ICT / price action, Trend following

Markets

Forex

Timeframes

Any timeframe

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

metatrader5mql5mt5smc

Input Parameters

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

NameTypeDefaultDescription
SymbolNamerstringEURUSD
InpMagicint20250930
InpSlippageint30
InpMaxSpreaddouble50

How to Install It

  1. 1Download the sourceUse "Download source (.zip)" above, or clone bywinds/mt5_smc from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
  3. 3Copy the filesCopy the .mq5 file into Experts.
  4. 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
  5. 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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