An Expert Advisor based on SMC and Fibonacci

MQL5 Esperti Forex

Specifiche

 

This strategy aims to identify and trade based on swings in market structure, utilizing Fibonacci retracements and a confirmation checklist.

  1. Market Structure Analysis: It first identifies swing highs and lows. When price breaks a previous swing high (in an uptrend) or swing low (in a downtrend), it registers a Break of Structure (BOS). If price breaks a swing low during an uptrend or a swing high during a downtrend, it signals a Change of Character (CHoCH), potentially indicating a trend reversal. The strategy visualizes these swing points and the BOS/CHoCH events.
  2. Fibonacci Retracement: Once a new swing leg is confirmed by a BOS or CHoCH, the strategy draws Fibonacci retracement levels based on the high and low of that leg.
  3. Entry Checklist: Before a trade signal is considered valid, several conditions (which can be enabled or disabled) must be met:
    • A swing structure break (BOS/CHoCH) must have occurred near the beginning of the current swing leg.
    • A Fair Value Gap (FVG), formed within the timeframe of the swing leg, must overlap with a specific Fibonacci zone (defaulting to 0.71-0.75).
    • The current price must reside within the appropriate Higher Timeframe (HTF) Premium/Discount zone (Discount for buy signals, Premium for sell signals).
  4. Signal Trigger: A trade signal is generated only when all enabled checklist items are met AND the price retraces to touch or cross a user-defined Fibonacci level (e.g., 0.71) of the current swing leg.
  5. Trade Execution:
    • If a bullish signal occurs (checklist met + Fib level hit during a bullish swing leg) and long trades are enabled, the strategy enters a long position.
    • If a bearish signal occurs (checklist met + Fib level hit during a bearish swing leg) and short trades are enabled, the strategy enters a short position.
    • Entries only happen if there is no existing open position.
  6. Risk Management:
    • Take Profit: Set at the 0% Fibonacci level of the swing leg that generated the signal (the high for longs, the low for shorts).
    • Stop Loss: Set at the 100% Fibonacci level of the swing leg (the low for longs, the high for shorts).

The strategy also includes options to display FVGs, and the HTF zones visually on the chart, along with a checklist table summarizing the status of the entry conditions.
Only looking for developers with good portfolio. 

Con risposta

1
Sviluppatore 1
Valutazioni
(3)
Progetti
3
0%
Arbitraggio
1
0% / 100%
In ritardo
0
Gratuito
2
Sviluppatore 2
Valutazioni
(1)
Progetti
1
0%
Arbitraggio
0
In ritardo
0
Occupato
3
Sviluppatore 3
Valutazioni
(16)
Progetti
20
0%
Arbitraggio
9
0% / 78%
In ritardo
6
30%
In elaborazione
4
Sviluppatore 4
Valutazioni
(70)
Progetti
216
71%
Arbitraggio
6
100% / 0%
In ritardo
1
0%
In elaborazione
5
Sviluppatore 5
Valutazioni
Progetti
0
0%
Arbitraggio
0
In ritardo
0
Gratuito
6
Sviluppatore 6
Valutazioni
(277)
Progetti
496
35%
Arbitraggio
63
33% / 35%
In ritardo
178
36%
Caricato
7
Sviluppatore 7
Valutazioni
(43)
Progetti
89
13%
Arbitraggio
33
27% / 58%
In ritardo
36
40%
In elaborazione
8
Sviluppatore 8
Valutazioni
(15)
Progetti
33
24%
Arbitraggio
3
0% / 33%
In ritardo
1
3%
In elaborazione
9
Sviluppatore 9
Valutazioni
(214)
Progetti
251
47%
Arbitraggio
9
44% / 0%
In ritardo
13
5%
Occupato
10
Sviluppatore 10
Valutazioni
(4)
Progetti
3
0%
Arbitraggio
1
0% / 0%
In ritardo
0
Gratuito
11
Sviluppatore 11
Valutazioni
(2)
Progetti
0
0%
Arbitraggio
1
0% / 0%
In ritardo
0
In elaborazione
12
Sviluppatore 12
Valutazioni
(4)
Progetti
3
0%
Arbitraggio
3
33% / 67%
In ritardo
1
33%
Gratuito
13
Sviluppatore 13
Valutazioni
(280)
Progetti
453
39%
Arbitraggio
92
42% / 18%
In ritardo
73
16%
Occupato
Pubblicati: 2 codici
14
Sviluppatore 14
Valutazioni
(270)
Progetti
548
49%
Arbitraggio
55
40% / 36%
In ritardo
226
41%
In elaborazione
Ordini simili
Hello developers, I would like to purchase or access a private and secret trading indicator that gives only buy/sell signals, with a success rate of 90% to 95% (non-repainting, non-public). I am only interested in the following: • Special tools used in secret societies or corporate circles • Clear stock or buy/sell signals on the chart • Proven performance in Forex/cryptocurrencies • Documented live trading results
Hello coders I got a pinescript which I would like to convert into mql5. It's a big script (1000 lines of code) but actually I don't need everything of it. I will need to adjust it a bit but the trading signals should be the same. I need a coder which: - Can write clean code in english. - Has at least 30 Reviews. - Is based in EU (but not necessary if the coder is good). - Has Tradingview Pro for the backtesting (
I have a fully functional trading algorithm written in Python, currently running on TradingView. I'm now looking to convert it into an MQL5 Expert Advisor for MT5. I've used ChatGPT and DeeSeek to assist with the conversion, successfully compiled the code, and resolved all errors. However, the results from MT5 testing differ significantly from the deep backtesting results on TradingView. From what I understand
Hello I want Custom Order Management Tool for MT5 (Mac iOS) Please check requirements and attachment Key Features to be Delivered ● Hotkey Execution (e.g., F9) ● Predefined Lot Size Selector ● Capital-Based Lot Restrictions ● Max Open Position Limit ● Daily Trade Limit ● Automated Stop Loss (SL) ● Automated and Editable Take Profit (TP) ● UI Enhancements (Chart, SL/TP, Pricing) ● macOS MT5 Compatibility ● Cloud
Hello I want Custom Order Management Tool for MT5 (Mac iOS) Please check requirements and attachment Key Features to be Delivered ● Hotkey Execution (e.g., F9) ● Predefined Lot Size Selector ● Capital-Based Lot Restrictions ● Max Open Position Limit ● Daily Trade Limit ● Automated Stop Loss (SL) ● Automated and Editable Take Profit (TP) ● UI Enhancements (Chart, SL/TP, Pricing) ● macOS MT5 Compatibility ● Cloud
Hello I want Custom Order Management Tool for MT5 (Mac iOS) Please check requirements and attachment Key Features to be Delivered ● Hotkey Execution (e.g., F9) ● Predefined Lot Size Selector ● Capital-Based Lot Restrictions ● Max Open Position Limit ● Daily Trade Limit ● Automated Stop Loss (SL) ● Automated and Editable Take Profit (TP) ● UI Enhancements (Chart, SL/TP, Pricing) ● macOS MT5 Compatibility ● Cloud
Hello I want Custom Order Management Tool for MT5 (Mac iOS) Please check requirements and attachment Key Features to be Delivered ● Hotkey Execution (e.g., F9) ● Predefined Lot Size Selector ● Capital-Based Lot Restrictions ● Max Open Position Limit ● Daily Trade Limit ● Automated Stop Loss (SL) ● Automated and Editable Take Profit (TP) ● UI Enhancements (Chart, SL/TP, Pricing) ● macOS MT5 Compatibility ● Cloud
I am looking for an EA that can trade NAS100 with consistent profitability throughout all market conditions. No Martingale/Grid. Ideally HFT but, as long as it is profitable with low drawdown, the strategy does not matter. Budget negotiable to a significantly higher amount if EA is of high quality
Hello developers, I’m looking to buy or access a private, secret trading indicator that gives Buy/Sell signals only , with a real success rate close to 90%-95% (not repainted, not public). I’m only interested in: • Private tools used in secret communities or institutional circles • Clear Buy/Sell arrows or signals on the chart • Proven performance on Forex / Crypto / Gold • Verified live trading results (not just
Hello developers, I’m looking to buy or access a private, secret trading indicator that gives Buy/Sell signals only , with a real success rate close to 90%-95% (not repainted, not public). I’m only interested in: • Private tools used in secret communities or institutional circles • Clear Buy/Sell arrows or signals on the chart • Proven performance on Forex / Crypto / Gold • Verified live trading results (not just

Informazioni sul progetto

Budget
30 - 150 USD
IVA (21%): 6.3 - 31.5 USD
Totale: 36 - 181.5 USD
Per lo sviluppatore
27 - 135 USD

Cliente

Ordini effettuati1
Numero di arbitraggi0