SMC Candlestick Trader 5 Framework EURUSD

https://trenddaytrader.com/smc-candlestick-trader-5-framework-trading/

Channel for SMC CT5F EURUSD: https://t.me/SMCCT5FEURUSD

MQL5 Live Tracking: https://www.mql5.com/en/signals/2336368

Myfxbook Tracking:

Asset: EURUSD

Timeframe: M5

This is a comprehensive MetaTrader 5 Expert Advisor (EA) that combines multiple sophisticated trading systems into a single automated trading solution. Let me break down the main components and functionality:

🧠 Core Architecture

The EA integrates 4 major systems:

1. SMC Cerebrum Pro 2A - Market Structure Analysis

• Purpose: Identifies Smart Money Concepts (SMC) patterns

• Key Features:

  • Multi-timeframe analysis (M1 to Monthly)

  • Detects market structure changes (CHoCH, BoS, CON, EXP)

  • Identifies Fair Value Gaps (FVG), Order Blocks, Rejection Blocks

  • Scores pattern confluence and strength

2. Candlestick Pattern Brain 5B - Pattern Recognition

• Purpose: Detects candlestick patterns across multiple timeframes

• Patterns Detected:

  • Body-Centered, Pin Bars, Hammers

  • Walking Stick patterns, Engulfing patterns

  • Morning/Evening Stars, Big Belly/Pot Belly Dojis

• Features: Confidence scoring, context filtering with EMA/ADX/BB

3. Money Management Brain D3 - Risk Management

• Purpose: Advanced position management and risk control

• Key Features:

  • Partial scaling at profit targets

  • Dynamic trailing stops with multiple methods (ATR, FVG, Swing, Intelligent)

  • Portfolio risk monitoring

  • Break-even and Prime Directive logic

  • Circuit breaker for error protection

4. End of Week Governor - Weekend Risk Management

• Purpose: Automatically closes positions before weekend and reopens them

• Features: Gap protection, position snapshot/restore

🎯 Trading Logic

Entry Conditions:

• BUY: Bullish candlestick patterns on M5 timeframe with 60%+ confidence

• SELL: Bearish patterns on M5 or M15 with 60%+ confidence

Position Sizing:

• Fixed Lots or Auto-Risk Percentage (2.5% default)

• Maximum 4 simultaneous positions

Stop Loss & Take Profit:

• Auto SL: Based on M15 lows/highs or daily lows

• Risk:Reward: 25:1 (configurable)

• Validation: Checks broker stop levels

📊 Advanced Features

HUD (Heads-Up Display)

• Real-time multi-timeframe analysis display

• Pattern detection tracking

• Risk exposure monitoring

• Trade squadron status

• Prop firm challenge statistics

Risk Management Layers:

1. Portfolio Guard: Maximum exposure limits (5% default)

2. Daily Drawdown Protection: 5% max daily loss

3. Total Equity Protection: 10% max total loss

4. Profit Target: 10% for challenge simulation

Pattern Confluence Scoring:

• Combines FVG, Order Blocks, Rejection Blocks

• Scores patterns from 0-100 based on confluence

• Timeframe alignment analysis

⚙️ Configuration Options

Trading Hours:

• Configurable start/end times

• Time-based trading windows

Risk Profiles:

• Tight: Conservative stops

• Medium: Balanced approach

• Swing: Wider stops for longer holds

Context Packs:

• Same TF, Hybrid, Intraday, Swing

• Different timeframe combinations for analysis

🔧 Technical Implementation

Multi-Timeframe Analysis:

• Simultaneously analyzes M1, M5, M15, M30, H1, H4, D1

• Each timeframe maintains its own pattern memory

• Real-time pattern tracking with confidence scores

Error Handling:

• Retry mechanisms for trade execution

• Circuit breaker after consecutive errors

• Comprehensive logging system

Data Management:

• Pattern history tracking (last 10 bars)

• Position state persistence

• Performance telemetry

🎮 User Interface

The EA provides:

• Visual pattern drawing on charts

• Comprehensive HUD with real-time stats

• Alert system for pattern detection

• Notification support for mobile/email alerts

This is a professional-grade trading system that combines institutional concepts (SMC) with retail trading tools, featuring sophisticated risk management and multi-timeframe analysis capabilities.