Thaer ICT Scalper Pro is an automated trading robot for the MetaTrader 5 platform, designed to execute strategies based on Smart Money Concepts and Inner Circle Trader principles.
Operating primarily on lower timeframes like five minutes, the EA identifies key market structure events including breaks of structure, changes of character, liquidity sweeps, and fair value gaps. It manages trades using customizable order block overlap rules, stop loss buffers, and a predefined risk-to-reward ratio. Features include an on-screen visual dashboard, but the repository lacks a README file with instructions.
ICT market structure analysis including BOS and CHoCH
Liquidity sweep and liquidity pool detection
Fair Value Gap and Order Block tracking
On-chart visual dashboard with real-time projections
Read from THAER_ICT_SCALPER.mq5. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
InpEnableEA
bool
true
InpAnalysisTimeframe
ENUM_TIMEFRAMES
PERIOD_M5
InpMagicNumber
ulong
27893
InpDebugMode
bool
true
InpShowDashboard
bool
true
InpDrawObjects
bool
true
InpShowSwingPoints
bool
true
InpShowStructureEvents
bool
true
InpShowLiquidityPools
bool
true
InpShowLiquiditySweeps
bool
true
InpShowScenarioZones
bool
true
InpVisualProjectionBars
int
25
Show all 40 inputs
Name
Type
Default
Description
InpSwingStrength
int
5
InpStructureLookback
int
250
InpSweepLookback
int
120
InpScenarioExpiryBars
int
50
InpMaxConfirmationBars
int
12
InpRequireCHoCH
bool
false
InpAllowBOSConfirmation
bool
true
InpFVGScanBars
int
80
InpOrderBlockSearchBars
int
20
InpFVGDisplacementFactor
double
1.50
InpZoneMaxDistancePoints
double
300.0
InpMinimumQualityScore
int
75
InpRequireFVGOBOverlap
bool
false
InpStopBufferPoints
double
50.0
InpRiskReward
double
2.0
InpMinimumRejectionPoints
double
20.0
InpMaximumCloseDistance
double
60.0
InpRequireRejectionCandle
bool
true
InpEqualLevelTolerance
double
40.0
InpMinimumSweepPenetration
double
5.0
InpMaximumSweepPenetration
double
250.0
InpRequireDirectionalReject
bool
false
InpEnableTrading
bool
true
InpAllowBuy
bool
true
InpAllowSell
bool
true
InpOnePositionPerSymbol
bool
true
InpMaximumSpreadPoints
double
80.0
InpDeviationPoints
int
20
How to Install It
1Download the sourceUse "Download source (.zip)" above, or clone thaer197/THAER_ICT_SCALPER_PRO 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, and any .mqh files into the Include folder the code expects.
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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