SMC FVG EA: Free MT5 Expert Advisor

Overview

The robot identifies market structure using swing highs and lows, rejection blocks, and a Simple Moving Average filter. Positions are managed through fixed lot sizing and a configurable risk-to-reward ratio. It includes a break-even function to protect capital by moving the stop loss once a price target is reached. The repository contains several related SMC tools and multi-timeframe variations, though it lacks a README or detailed documentation.

Fair Value Gap and Order Block detection

Automated break-even trade management

Trend filtering via Simple Moving Average

Configurable risk-to-reward ratio

Rejection block identification

Details

Author

trenddaytrader on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

SMC / ICT / price action

Markets

Any symbol

Timeframes

M15-H1, H4 and above

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

Source

github.com/trenddaytrader/SMC

Input parameters

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

Name	Type	Default
`risk2reward`	`double`	`2`
`Lots`	`double`	`0.01`
`breakevenTrigger`	`double`	`10000`
`breakeven`	`double`	`2000`
`Bullish_Green_rBlock_Color`	`color`	`clrGreen`
`Bullish_Red_rBlock_Color`	`color`	`clrTeal`
`Bearish_Green_rBlock_Color`	`color`	`clrFireBrick`
`Bearish_Red_rBlock_Color`	`color`	`clrRed`
`rBlock_Width`	`int`	`1`

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone trenddaytrader/SMC 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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