XAUUSD SMC Trader: Free MT5 Expert Advisor

Overview

XAUUSD SMC Trader scans H1 timeframe for bullish and bearish order blocks then confirms entries via M5 change of character patterns detected through peak and trough analysis. The system applies dynamic lot sizing based on account risk percentage and distance to stop loss. It closes 66 percent of volume at 1.0R profit and activates a 1.0R trailing stop. Optional filters detect liquidity sweeps and fair value gaps with session guards to avoid closures. The README states the project remains under development.

H1 Order Block Detection

M5 CHoCH Confirmation

Dynamic Position Sizing

Partial Close at 1R

Trailing Stop Management

Details

Author

TheMonade on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

SMC / ICT / price action

Markets

Gold

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

Source

github.com/TheMonade/XAUUSD-Algo-Trader

Input Parameters

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

Name	Type	Default	Description
`RiskPercent`	`double`	`1.0`
`MinRR`	`double`	`1.0`
`MagicNumber`	`int`	`202405`
`OB_Lookback`	`int`	`100`
`OB_ATR_Period`	`int`	`15`
`OB_ATR_Mult`	`double`	`1.0`
`SL_Buffer_ATR_Mult`	`double`	`0.15`	buffer = this * M5 ATR (was fixed $0.50)
`CHoCH_Lookback`	`int`	`100`
`ATR_Period_M5`	`int`	`14`
`CHoCH_Prom_Mult`	`double`	`0.2`
`Peak_Distance`	`int`	`5`
`UseSweepFilter`	`bool`	`true`	bật/tắt filter sweep (A/B test)

Show all 40 inputs

Name	Type	Default	Description
`Sweep_MinPen_ATR_Mult`	`double`	`0.05`	độ xuyên tối thiểu = mult * ATR(M5)
`Sweep_MaxPen_ATR_Mult`	`double`	`2.0`	độ xuyên tối đa (quá sâu = breakdown)
`Sweep_MaxAgeBars`	`int`	`36`	sweep phải xảy ra trong N nến M5 gần nhất
`Sweep_BodyClosePct`	`double`	`0.0`	% thân nến tối thiểu đóng trên ref_level
`UseFVGFilter`	`bool`	`false`	bật/tắt filter FVG (A/B test)
`FVG_EntryMode`	`ENUM_FVG_ENTRY_MODE`	`FVG_MODE_FILTER`	Phase 2 chưa dùng
`FVG_MinGapATRMult`	`double`	`0.10`	gap tối thiểu = mult * ATR(M5)
`FVG_MaxGapATRMult`	`double`	`3.0`	gap tối đa (quá lớn = news spike)
`FVG_DispATRMult`	`double`	`1.0`	nến giữa phải có body > mult * ATR
`FVG_MaxAgeBars`	`int`	`24`	FVG phải hình thành trong N nến M5 gần nhất
`FVG_RequireUnmitigated`	`bool`	`true`	loại FVG đã bị close xuyên qua
`FVG_MustOverlapOB`	`bool`	`false`	yêu cầu FVG overlap vùng OB H1
`FVG_EntryLevelPct`	`double`	`0.5`	[Phase 2] mức vào trong gap: 0.5 = CE
`FVG_ExpiryBars`	`int`	`12`	[Phase 2] pending hết hạn sau N nến M5
`UseHTFBiasFilter`	`bool`	`false`	bật/tắt bias filter (A/B test)
`HTF_TF_Mode`	`ENUM_HTF_TF_MODE`	`HTF_TF_H4_ONLY`	khung bias: H4 / D1 / kết hợp
`HTF_Method`	`ENUM_HTF_METHOD`	`HTF_METHOD_SWING`	phương pháp: swing / EMA / both
`HTF_NeutralPolicy`	`ENUM_HTF_NEUTRAL`	`NEUTRAL_ALLOW_ALL`	hành vi khi bias = neutral
`HTF_Lookback`	`int`	`120`	số nến HTF quét swing
`HTF_SwingDistance`	`int`	`3`	distance xác nhận swing (2 bên)
`HTF_PromMult`	`double`	`0.5`	prominence = mult * ATR(TF)
`HTF_EMA_Period`	`int`	`50`	chu kỳ EMA (method EMA/BOTH)
`HTF_EMAFlatATRMult`	`double`	`0.05`	slope\| <= mult*ATR => EMA phẳng => neutral
`UseSessionFilter`	`bool`	`false`	bật/tắt session filter (A/B test)
`Session_TimeBase`	`ENUM_SESSION_TIMEBASE`	`TIMEBASE_SERVER`	giờ nhập theo server hay GMT
`Session_GMT_Offset`	`int`	`2`	offset broker vs GMT (chỉ dùng khi TIMEBASE_GMT)
`UseLondonKZ`	`bool`	`true`	London Kill-zone
`London_StartHour`	`double`	`9.0`	9.0 = 09:00 server ≈ 07:00 GMT (broker GMT+2/+3)

How to Install It

1Download the sourceUse "Download source (.zip)" above, or clone TheMonade/XAUUSD-Algo-Trader 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.

Similar Expert Advisors

EA Scalper XAUUSD

by francomascareloai

266

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

MT5 Trading robot SMC / ICT / price actionIndicator crossoverScalping High risk

Updated 4 months ago Custom licence GitHub

Gold Trader EA

by mehdi-jahani

141

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

MT5 Trading robot Multi-strategyTrend followingIndicator crossover

Updated 1 year ago None stated GitHub

SMC Unified Expert Advisor

by KVignesh122

This MetaTrader 5 expert advisor implements Smart Money Concepts including Order Blocks, Fair Value Gaps, and Break of Structure entries. It features an automated mode that combines multiple strategies alongside market regime detection using ADX or Efficiency Ratio to ensure trading in trending conditions. Risk managem

MT5 Trading robot SMC / ICT / price actionTrend followingMulti-strategy

Updated 3 months ago Apache-2.0 GitHub

My Trading Bot

by carlosrod723

This MetaTrader 5 expert advisor implements a multi-strategy framework based on Smart Money Concepts. It identifies fractal-based liquidity sweeps, order blocks, and Fibonacci zones across multiple timeframes, typically using H4 for trend direction and M15 for execution. The EA includes an optional machine learning fil

MT5 Trading robot SMC / ICT / price actionAI / machine learningMulti-strategy

Updated 11 months ago MIT GitHub

Fvg Gold EA

by foeed

Fvg Gold EA is an automated trading robot for MetaTrader 5 designed specifically for the gold market. It utilizes institutional trading concepts by identifying high-probability Fair Value Gaps with Order Block confluence. The system employs a scoring algorithm to evaluate trade quality based on displacement, gap size,

MT5 Trading robot SMC / ICT / price actionIndicator crossover

Updated 5 weeks ago MIT GitHub

ICT Gold EA

by darula-hpp

This automated trading system for MetaTrader 5 focuses on spot Gold using Inner Circle Trader methodology. It identifies entries through order block detection, market structure analysis, and weekly opening price levels. The strategy is further filtered by dual moving averages and specific trading sessions, primarily Lo

MT5 Trading robot SMC / ICT / price actionIndicator crossoverTrend following