Quant Institutional SMC
- Indicators
-
Muharrem Rogova
Founder of AlgoSphere Quant — building a complete ecosystem of rule-based MT5 trading tools.
Our philosophy: market structure first, strict risk management always, zero martingale.
We build for traders who trade with discipline — not with hope.
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EXPERT ADVISORS - Version: 2.2
- Updated: 23 June 2026
Quant Institutional SMC is a Smart Money Concepts visualizer for MetaTrader 5. It reads price action through twelve institutional-style modules and renders the result as a layered chart overlay plus a cockpit dashboard.
The indicator is purely visual. It places no orders. It triggers no trades. It reads price history and surfaces what matters at a glance.
WHAT THE INDICATOR DETECTS:
- Market Structure events (BOS and CHoCH)
- Order Blocks (bullish and bearish, max five per side)
- Fair Value Gaps (three-bar gap detection, ATR-filtered)
- Equal Highs and Equal Lows (liquidity pool clustering)
- Liquidity Sweeps with FRESH / SWEPT / EXPIRED lifecycle
- Premium and Discount zones with equilibrium 50% line
- Optimal Trade Entry bands at 0.618, 0.705, 0.79 retracements
- Inducement patterns (minor pivots before HTF liquidity)
- Breaker Blocks with FORMING / ACTIVE / FAILED states
- Mitigation Blocks (failed Order Blocks, marked with slash)
- Multi-Timeframe Bias (configurable higher timeframe, EMA-based)
- Hour-of-Day opportunity heatmap (24 cells)
WHAT THE DASHBOARD SHOWS:
- Total signals with quality breakdown (Premium, High, Medium, Low)
- Sweeps detected today with directional split
- Active and failed Breaker Block counts
- Average composite signal score
- Hour-of-Day heatmap with three color schemes
- Cockpit theme switcher with six presets
SIGNAL ENGINE:
Each signal is scored from 0 to 100 by combining six confluences: Order Block touch, Fair Value Gap presence, trend alignment, Equal-Highs / Equal-Lows proximity, candle impulsion, and Order Block freshness. The score maps to four quality tiers (Premium, High, Medium, Low) used for alert filtering and visual weighting.
CALCULATION ENGINE:
Pivot detection uses a strict N-bar window (configurable). Order Blocks are extracted from the last opposite-direction candle before each confirmed pivot, with ATR-based dedup tolerance. Fair Value Gaps use a three-bar imbalance test with ATR-filtered noise rejection. Equal Highs and Equal Lows cluster within configurable tolerance (pips, ATR fraction, or price percent).
MULTI-TIMEFRAME BIAS:
The bias on a higher timeframe (default H4) is computed from EMA(20) versus EMA(50) plus the current price location. The result is rendered as a top-left badge with confidence percentage.
THEME AND LAYOUT:
Six theme presets including Midnight Cobalt (the original v1 palette), Void Dark, Aurora Light, Cyberpunk, Minimal, and High Contrast. Three density settings. Four box render styles for zones.
ALERTS:
Four channels (popup, sound, push, email) with cooldown per category and key-based deduplication. Alerts fire on new signals (filtered by minimum quality), liquidity sweeps, structure events, and theme transitions.
CSV LOG:
Optional periodic CSV export of signals and sweeps with timestamp, type, direction, level, score, quality, session, and free-text note.
REQUIREMENTS:
- MetaTrader 5
- Any symbol with a clean intraday history
- Active timeframe between M5 and H4 recommended
A free companion library named ASQ SMC Lite is published in the Code Base under the AlgoSphere Quant profile and provides a simplified subset of the structure and Order Block engine. Visit https://www.mql5.com/en/users/robin2.0 for the full Quant ecosystem.
This indicator is an analytical tool. It does not place orders. Trading decisions remain the responsibility of the user.

Thank you so much for developing this indicator. It is very useful.