SMC Dow OTE EA

SMC Dow OTE EA

Overview

SMC Dow OTE EA implements a structural approach: Dow-style market bias on the higher timeframes, a break of structure on the working timeframe, and an entry inside the optimal trade entry retracement zone when an order block or an imbalance confirms it. Several structures are tracked in parallel, so one pending setup never blocks the detection of the next.

How it works
* Bias is read on two higher timeframes from pivot structure, in the Dow sense of higher highs and higher lows. A range state is detected rather than forced into a direction.
* On the structure timeframe, a break of structure arms a setup: the leg that produced the break defines the retracement to be measured.
* The entry zone is the optimal trade entry band of that leg, a configurable retracement window rather than a single price.
* A confluence condition is required inside the zone: an order block, an imbalance, or both depending on the selected mode.
* A limit order is placed at the zone with a stop loss beyond the invalidation swing plus a buffer. Armed and pending setups expire after a configurable number of bars, so a stale structure does not sit on the account indefinitely.
* Part of the position is closed at the first target and the remainder is managed to the second, with break-even handling that survives a terminal restart.
* Several setups can be armed, pending or in position at the same time, up to a configurable ceiling.
* State is rebuilt from the terminal on start-up, so a restart does not leave orphaned pending orders.

Risk management
Percentage of equity risked per trade or fixed lots, with a maximum lot cap.

Recommended use
Designed and tested on XAUUSD with an M5 chart and M30 structure. Structure timeframes below M15 are not recommended. No hardcoded symbol. Hedging or netting accounts, any broker, no DLL.

Backtest results
MetaTrader 5 Strategy Tester, 100% real tick data, January 2016 to June 2026, XAUUSD M5, initial deposit 10 000 USD, leverage 1:100: net profit 19 417 USD, profit factor 1.73, maximum balance drawdown 6.96%, 344 trades, 64.0% of trades profitable, average win 209 USD against average loss 214 USD.

Disclaimer
Trading Forex and leveraged products carries a high risk of capital loss and is not suitable for all investors. Backtest results are historical simulations; they do not reflect real transactions and do not guarantee future performance. Test on a demo account before any live use. This product does not constitute investment advice.

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[ IMPORTANT ] REAL CLIENT FEEDBACK :  https://www.mql5.com/en/market/product/127498/comments#comment_58814415 [ IMPORTANT ]  UPDATED (1 YEAR PERFORMANCE):  https://www.mql5.com/en/market/product/127498/comments#comment_59233853 [ IMPORTANT ]  UPDATED (1 YEAR 6 MONTHS PERFORMANCE):  https://www.mql5.com/en/market/product/127498/comments#comment_60000067 [ IMPORTANT ]  UPDATED  (2026/09):  https://www.mql5.com/en/market/product/127498/comments/page2#comment_60389797 [ IMPORTANT ] UPDATED (2026/
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Overview MA Cross Trend Filter EA is an automated trading robot for MetaTrader 5. It follows the trend using a crossover of two moving averages and only trades in the direction of a longer moving average that acts as a trend filter. Every position is protected by a stop loss and a trailing stop, and several safeguards keep risk under control. How it works Entry logic. The EA computes an LWMA (weighted) and an SMMA (smoothed) of the same period on the close price. A buy is considered when the LWM
Volume Breakout Zone EA Overview Volume Breakout Zone EA trades the break of a resistance zone that price has already tested several times, and it requires the break to be carried by abnormal volume. The idea is simple and old: a level that has held three times matters, and the break that finally clears it should show effort. How it works * Pivot highs are detected and grouped into a zone when they fall within an ATR-scaled tolerance of each other. A zone becomes tradable once it has accumul
TrendBreakout EA
Marc Eric Litzler
Trend Breakout EA Overview Trend Breakout EA trades Donchian channel breakouts, but only when three timeframes agree on the direction and only when the break itself carries enough force. Most breakout systems fail on false breaks; this one spends its complexity on filtering them out. How it works * A Donchian channel is computed on the entry timeframe. A close beyond the channel is the raw signal. * Three moving averages, one per timeframe (entry, intermediate, higher), must confirm the dire
Ribbon MTF EA
Marc Eric Litzler
Ribbon MTF EA Overview Ribbon MTF EA trades a moving average ribbon read simultaneously on three timeframes. A position is only opened when the fast and slow averages agree on all three, which filters out the majority of intraday noise and keeps the EA out of directionless markets. How it works * A fast and a slow moving average (SMA or EMA, same periods everywhere) are computed on M5, M15 and H1 at the same time. Alignment on the three timeframes is the entry condition. * An ATR dead zone s
DI Crossover EA
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DI Crossover EA Overview DI Crossover EA is a multi-timeframe trend follower built on the crossover of the directional indicators DI+ and DI- of the ADX. Three timeframes must agree before a trade is taken, and the ADX itself must confirm that a trend is actually present rather than merely a direction. How it works * DI+ and DI- are read on an entry timeframe, an intermediate timeframe and a higher timeframe. The number of timeframes that must be aligned is a parameter, so the EA can be made
Band Reversion EA
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Band Reversion EA Overview Band Reversion EA is a mean-reversion Expert Advisor. It fades stretched moves back towards the centre of a Bollinger band, and it only does so when a regime filter says the market is ranging rather than trending. It was built as a portfolio complement to trend-following systems, which is why its behaviour is deliberately opposite to theirs. How it works * An entry is considered when price touches or crosses a Bollinger band and then re-enters it, so the EA does no
ORB London EA
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ORB London EA Overview ORB London EA trades the opening range breakout of the London session. It measures a range over a short window at the open, places a stop order at each end of that range, and lets the market choose the direction. Every position is closed before the end of the trading day: the EA holds nothing overnight. How it works * The range is measured over a configurable window starting at a server hour that you calibrate against the London open for your broker. * Two stop orders
London Extension EA
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London Extension EA Overview London Extension EA trades the extension of the Asian range into the London session. It measures the overnight range, waits for London to break it, and then enters on the retest of the broken level rather than on the break itself. Positions are intraday and closed at a fixed hour. How it works * The Asian range is measured between two configurable server hours during the quiet part of the session. * Range width filters reject nights that were too quiet or too wid
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