Jml SMC Alpha
- Experts
- Version: 2.2
- Updated: 21 August 2026
- Activations: 10
JML_SMC_ALPHA is a high-precision algorithmic trading system based on institutional Smart Money Concepts (SMC) and Inner Circle Trader (ICT) concepts. Evolved from the ICT-SMC Scalper script, JML_SMC_ALPHA features an refined execution engine, advanced risk management, and dynamic market structure analysis.
Important Recommendation: It is highly recommended to use a VPS (Virtual Private Server). Algorithmic trading requires patience and constant availability to achieve optimal performance. Running on a 24/7 active VPS ensures the EA never misses any high-quality trading opportunities.
Key Evolutions & Improvements:
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Setup Validation Engine (5-Star Scoring System)
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Persistent RSI Memory: RSI overbought/oversold status is retained in memory as long as the setup direction remains unchanged, preventing signal loss during micro-retests of Order Blocks (OB).
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Optimized RSI Thresholds (40/60): Adjusted detection ranges to capture H4 trend retracements efficiently without sweep candles neutralizing the signal.
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Hysteresis Control: Integrated hysteresis filtering on the RSI to eliminate signal flickering and ensure stable entry decisions when orders are placed.
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Dynamic Risk/Reward Management (InpFiveStarRR): Flexible module allowing specific Risk/Reward ratio adjustments (up to 1:4) on high-probability setups (5★) without affecting standard execution (1:2).
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Advanced Capital Management & Session Control
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Strict Quotas & Limits: Rigorous daily risk control through caps on consecutive losses (Stop Loss), profit targets (Take Profit), and maximum trades per session.
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Asian Session Optimization: Re-tuned algorithm to capitalize on Asian session liquidity and stability, particularly on Gold (XAUUSD).
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Multi-Pair Compatibility & MQL5 Market Compliance
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Dynamic Pip Calculation (InpPipSize): Automatic pip/point conversion handling across Forex pairs, Gold (XAUUSD), and indices to ensure valid Stop Loss and Take Profit levels.
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Built-in Broker Protections: Systematic checks for Stops Level, Freeze Level, minimum/step lot size, and available margin prior to sending any order.
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Interactive Dashboard: Redesigned MT5 visual interface for real-time tracking of star scores, risk filters, and session status.
