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SMC Structure Shift

5

Welcome to SMC Structure Shift EA for MT5

This automatic trading system works on a simple but efficient smart money concept, which consists in identifying the current market structure and a bias, finding the last high and low and open a position on the continuation of the trend.

No martingale or grid systems are used with this EA.

Only pending orders are placed depending on an identified Bias.

There is always only one trade open at a time, which makes this strategy safer.

Each position has a fixed StopLoss and TakeProfit.

Lot size can be set manually or automatically calculated as a percentage of an account balance.

If you turn on Compounding, the lot size will be calculated for each trade and the lot size will increase according to the size of your account.

It can be used on most assets and time frames (tested for most forex pairs and gold, 1Hour and 15min TF).

The EA should run on VPS for 24/7 run.

Settings
  • Magic Number: This number should be unique for every EA in your account so it can identify its own trades.
  • Shoulder of a High or Low: This number defines a valid High and Low (for example: 5 means that a High needs 5 lower candles on the right and 5 candles on the left to be valid)
  • Lot size: Orders will use this lot size if Risk Percentage Calculation is off.
  • Stop Loss in points: Distance from the entry price to the Stop Loss in points.
  • Take Profit in points: Distance from the entry price to the Take Profit in points.
  • Risk Percentage Calculation?: false - Lot size from above will be used. true - Lot size will be calculated automatically with following settings.
  • Risk Compounding?: false - Lot size will be calculated once and used for every trade. true - Lot size will be calculated for every trade.
  • Risk Percentage: Risk percentage of your account for every trade.
  • Start Trading Time: At this time EA will start trading. Based on your local time(for example 02:00).
  • Stop Trading Time: At this time EA will stop trading.  Based on your local time(for example 22:00).

The results shown and any test results are illustrative only as they are based on past data and future results are not guaranteed and may vary.

Feel free to download the free demo and test this EA. The settings I am using right now for my trading:


AUDJPY 1H(shoulder:5, SL:1100, TP 300, risk 5%, compounding on)

GBPUSD 1H(shoulder:4, SL:400, TP 1800, risk 3%, compounding on)

USDJPY 15M(shoulder:3, SL:900, TP 1500, risk 3%, compounding on)

USDJPY 1H(shoulder:2, SL:300, TP 1100, risk 3%, compounding on)

XAUUSD 1H(shoulder:3, SL:900, TP 1500, risk 3%, compounding on)


Reviews 1
David Hausberger
699
David Hausberger 2023.03.07 11:16 
 

First backtest result looking very good

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Buy not a backtest, but a real trading system:   Live Signal 1     Live Signal 2       Live Signal 3   This price is temporary for the duration of the promotion and will be raised shortly Get 1 EA for free -> contact me after purchase There are only a few copies left at the current price, the next price is -->> 1480 $ Welcome to the GoldPulse AI Hey, I'm GoldPulse AI! This is the first smartest robot that trades gold or XAU with full pairs like XAUUSD, XAUEUR, XAUGBP, XAUAUD, XAUJPY, XAU
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UJ Master EA
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Introducing   UJ Master EA, a simple  yet powerful Expert Advisor for trading the USDJPY pair! Developed, tested and traded by a team of experienced traders with trading experience of over two decades. Prop-Firms Ready Easy To Set up Not sensitive to broker conditions  UJ Master EA is updated every 3 months to get the best results! UJ Master EA   utilizes a complex price action strategy and smart money concepts, following strict mechanical rules. For the best possible results, follow these st
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David Hausberger
699
David Hausberger 2023.03.07 11:16 
 

First backtest result looking very good

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Version 1.2 2022.12.08
Litle code improvement
Version 1.1 2022.12.08
Code speed improvements