Gold Trader EA is a multi-strategy expert advisor designed for trading XAUUSD on the MetaTrader 5 platform. It employs a fusion engine that combines up to 14 different technical analysis methods, including candlestick patterns, chart patterns, price action, and institutional levels. The system requires a user-defined n
Trading robot · MT5
SMC Unified Expert Advisor
This MetaTrader 5 expert advisor implements Smart Money Concepts including Order Blocks, Fair Value Gaps, and Break of Structure entries.
GitHub stars84
Forks29
Last update2 months ago15 Jul 2026
LicenceApache-2.0
Overview
SMC Unified Expert Advisor features an automated mode that combines multiple strategies alongside market regime detection using ADX or Efficiency Ratio to ensure trading in trending conditions. Risk management includes balance-proportional lot sizing and an equity bagging system that closes all positions when target profit or maximum loss percentages are reached. It also includes session filters to avoid Asian market volatility and uses ATR-based adaptive thresholds for entry confirmation.
- Order Block and Fair Value Gap identification
- Market regime detection using ADX or Efficiency Ratio
- Equity bagging system for basket-level profit and loss protection
- Session-based trading filters for London and New York
- ATR-driven adaptive volatility and displacement filters
Details
Author
KVignesh122 on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
SMC / ICT / price action, Trend following, Multi-strategy
Markets
Forex, Gold, Oil & commodities
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
Topics
algotradingcommoditiesforexfuturesmetatradermql5quantitative-financetimeseries
Input parameters
Read from EA_Script.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
Strategy | ENUM_STRATEGY | STRAT_AUTO | |
MagicNumber | long | 76543 | |
HedgeMagic | long | 76544 | for future hedging |
OneTradePerBar | bool | true | |
LotPerK | double | 0.02 | lots per $1000 balance |
BagProfitPercent | double | 8.0 | close all at +x% equity |
BagLossPercent | double | 4.0 | close all at -y% equity |
UseSessionFilter | bool | true | skip Asian session |
UseATRFilters | bool | true | displacement + gap sizing |
UseRegimeFilter | bool | true | trend filter for BOS |
RegimeMethod | ENUM_REGIME | REGIME_ADX | ADX or Efficiency Ratio |
ATR_Period | int | 14 |
Show all 16 inputs
| Name | Type | Default | Description |
|---|---|---|---|
SwingBars | int | 5 | swing confirmation period |
FibRetraceLevel | double | 61.8 | OB entry level |
DisplacementMin | double | 0.0 | auto = adaptive |
MaxSpreadPoints | int | 120 |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone KVignesh122/MT5-SMC-trading-bot 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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