Jml SMC Alpha

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:

  1. Setup Validation Engine (5-Star Scoring System)

  • 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).

  • Optimized RSI Thresholds (40/60): Adjusted detection ranges to capture H4 trend retracements efficiently without sweep candles neutralizing the signal.

  • Hysteresis Control: Integrated hysteresis filtering on the RSI to eliminate signal flickering and ensure stable entry decisions when orders are placed.

  • 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).

  1. Advanced Capital Management & Session Control

  • Strict Quotas & Limits: Rigorous daily risk control through caps on consecutive losses (Stop Loss), profit targets (Take Profit), and maximum trades per session.

  • Asian Session Optimization: Re-tuned algorithm to capitalize on Asian session liquidity and stability, particularly on Gold (XAUUSD).

  1. Multi-Pair Compatibility & MQL5 Market Compliance

  • 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.

  • Built-in Broker Protections: Systematic checks for Stops Level, Freeze Level, minimum/step lot size, and available margin prior to sending any order.

  • Interactive Dashboard: Redesigned MT5 visual interface for real-time tracking of star scores, risk filters, and session status.


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