SMC Systems Gold identifies Points of Interest such as Order Blocks and Fair Value Gaps through an external indicator and executes trades based on M15 price action. The system enforces strict multi-timeframe alignment, requiring confirmations from H4 market structures. It features a scale-in entry strategy that splits trades into three positions. Risk management is handled through fixed or proportional lot sizing, stop losses placed outside structural zones, and automated break-even triggers at specific reward ratios.
1Download the sourceUse "Download source (.zip)" above, or clone chatuponforex-afk/SMC-Systems 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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