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MT4 SMC Indicator By Balogun

85 USD

Published: 9 July 2026

Current version: 2.30

MT4 SMC Indicator By Balogun

Indicators
Nigeria
Nigeria
Senior MQL4/MQL5 Developer | Expert Advisor & Indicator Programmer at Nigeria

Nigeria

223
Welcome!
I'm a professional MQL4/MQL5 Developer specializing in the design, development, optimization, and enhancement of Expert Advisors (EAs), Custom Indicators, Scripts, and Trading Utilities for the MetaTrader platform.
Version: 2.30
Activations: 10

📊 BALOGUN SMC ELITE — Professional Smart Money Concepts Indicator

🔥 KEY FEATURES:

✅ Strict BUY/SELL Alternation — Only 1 BUY followed by 1 SELL (no signal spam)

✅ Non-Repainting Signals — Signals confirmed on closed bars only

✅ Zone-Limited NO TRADE Markers — Clear visual zones showing when NOT to trade

✅ Multi-Factor Confluence Scoring — 0-100% quality score per setup

✅ Professional Dashboard — Real-time trend, confluence, and signal status

✅ Multi-Channel Alerts — Popup, Push, Email, and Sound notifications

🎯 SIGNAL LOGIC:

• BUY signals appear only in bullish trend with confluence ≥ 65%

• SELL signals appear only in bearish trend with confluence ≥ 65%

• NO TRADE zones marked with labeled dashed lines (choppy market detection)

• Strict alternation prevents consecutive same-direction signals

📈 CONFLUENCE FACTORS (100 points total):

• Trend Alignment (EMA20 vs EMA50): 30 points

• RSI Confirmation: 25 points

• Market Structure: 25 points

• Volatility Filter: 20 points

⚙️ RECOMMENDED SETTINGS:

• Timeframes: M15, M30, H1, H4

• Pairs: EURUSD, GBPUSD, XAUUSD, USDJPY

• Account: ECN or low-spread accounts recommended

🛡️ RISK DISCLAIMER:

Trading involves substantial risk. Past performance does not guarantee

future results. Always use proper risk management.

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Screenshot #1 MT4 SMC Indicator By Balogun

Screenshot #2 MT4 SMC Indicator By Balogun

Screenshot #3 MT4 SMC Indicator By Balogun

Introduction This indicator detects volume spread patterns for buy and sell opportunity. The patterns include demand and supply patterns. You might use each pattern for trading. However, these patterns are best used to detect the demand zone (=accumulation area) and supply zone (=distribution area). Demand pattern indicates generally potential buying opportunity. Supply pattern indicates generally potential selling opportunity. These are the underlying patterns rather than direct price action. T

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BALOGUN SMC ELITE — Professional Smart Money Concepts Indicator KEY FEATURES: Strict BUY/SELL Alternation — Only 1 BUY followed by 1 SELL (no signal spam) Non-Repainting Signals — Signals confirmed on closed bars only Zone-Limited NO TRADE Markers — Clear visual zones showing when NOT to trade Multi-Factor Confluence Scoring — 0-100% quality score per setup Professional Dashboard — Real-time trend, confluence, and signal status Multi-Channel Alerts — Popup, Push, Email, and S

85 USD

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MT4 SMC Indicator By Balogun

Nigeria