Thinkwealth Smart Structure Pro: Free MT5 Expert Advisor

Overview

Thinkwealth Smart Structure Pro analyzes the M15 timeframe for overall trend using EMA indicators and identifies break of structure on the M5 timeframe. The EA enters trades on pullbacks to order blocks and fair value gaps when confirmed by MACD, Stochastic, and Parabolic SAR indicators. Trades are managed with a fixed lot size or risk percentage based on account balance, a reward-to-risk ratio of 2:1, and maximum spread filters. The system supports one trade per symbol to reduce overtrading. It is suitable for forex markets on intraday timeframes.

M15 Trend Analysis

M5 BOS Pullback

Order Block FVG

MACD Stochastic Confirmation

SAR Indicator

Details

Author

icotech2019 on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

Trend following, SMC / ICT / price action, Indicator crossover

Markets

Forex

Timeframes

M15-H1

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

Thinkwealth_Smart_Structure_Pro_V4.mq5

Source

github.com/icotech2019/Thinkwealth_Smart_Structure_Pro_V4.mq5

Input Parameters

Read from Thinkwealth_Smart_Structure_Pro_V4.mq5. Defaults are the author's; change them in the EA's Inputs tab.

Name	Type	Default
`MagicNumber`	`ulong`	`20260817`
`EnableTrading`	`bool`	`true`
`EnableAlerts`	`bool`	`true`
`EnableSound`	`bool`	`true`
`SoundFile`	`string`	`alert.wav`
`TrendTF`	`ENUM_TIMEFRAMES`	`PERIOD_M15`
`EntryTF`	`ENUM_TIMEFRAMES`	`PERIOD_M5`
`UseRiskPercent`	`bool`	`false`
`RiskPercent`	`double`	`1.0`
`FixedLot`	`double`	`0.01`
`RewardRiskRatio`	`double`	`2.0`
`MaxSpreadPoints`	`int`	`100`

Show all 32 inputs

Name	Type	Default
`BOSLookback`	`int`	`10`
`SwingLookback`	`int`	`10`
`PullbackLookback`	`int`	`20`
`FastEMA`	`int`	`50`
`SlowEMA`	`int`	`200`
`MACDFast`	`int`	`12`
`MACDSlow`	`int`	`26`
`MACDSignal`	`int`	`9`
`StochK`	`int`	`5`
`StochD`	`int`	`3`
`StochSlowing`	`int`	`3`
`StochOversold`	`double`	`20.0`
`StochOverbought`	`double`	`80.0`
`SARStep`	`double`	`0.02`
`SARMaximum`	`double`	`0.20`
`UseOrderBlock`	`bool`	`true`
`UseFVG`	`bool`	`true`
`ZoneTolerancePoints`	`int`	`100`
`OneTradePerSymbol`	`bool`	`true`
`DrawSignals`	`bool`	`true`

How to Install It

1Download the sourceUse "Download source (.zip)" above, or clone icotech2019/Thinkwealth_Smart_Structure_Pro_V4.mq5 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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