EA Scalper XAUUSD is an automated trading research project for MetaTrader 5 focused on gold. It employs a multifaceted entry strategy using Smart Money Concepts like order blocks and liquidity sweeps, alongside moving average crossovers and Fibonacci zones. The EA includes a self-learning module designed to adapt to di
Trading robot · MT5
SnD Bomb 2
This MetaTrader 5 expert advisor automates trading based on supply and demand zones.
GitHub stars1
Forks1
Last update1 year ago31 Jan 2025
LicenceNone stated
Overview
SnD Bomb 2 identifies potential support and resistance areas using a configurable lookback period and a minimum number of price touches to confirm zone strength. The robot enters long positions in demand zones and short positions in supply zones. Risk management is handled through percentage-based lot sizing, fixed stop losses determined by zone width, and a specific reward-to-risk ratio. The documentation is minimal, and the strategy focuses on simple price action levels.
- Supply and demand zone detection
- Percentage-based risk calculation
- Configurable zone strength requirements
- Automated reward-to-risk ratio management
Details
Author
HERO-FIIFI on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
SMC / ICT / price action
Markets
Any symbol
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
Input parameters
Read from SnD Bomb2.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
LookbackPeriods | int | 20 | Periods to identify S/R zones |
ZoneStrength | int | 3 | Minimum touches to confirm zone |
ZoneWidth | double | 100 | Width of zones in points |
RiskPercent | double | 2.0 | Risk per trade (%) |
RRRatio | double | 2.0 | Reward to Risk ratio |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone HERO-FIIFI/SnDBomb-2 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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