SmartFlowExpert

Smart Money Flow EA

Smart Money Flow is an Expert Advisor for MetaTrader 4 designed to trade the symbol to which it is attached,including Forex pairs and XAUUSD. It looks for directional price movements supported by expanding tickvolume, strong candles and an established trend. All signals are calculated on the H4 timeframe preferred. 

The EA evaluates the last closed H4 candle when a new H4 bar opens. This avoids making an entry decision from a candle that is still forming. Only one open position is allowed for the current symbol and Magic Number.


BUY setup

The fast EMA is above the slow EMA, and price closes above the fast EMA.

ADX is at or above the minimum trend-strength threshold.

Signal-bar tick volume is at least the configured multiple of its average.

The candle range expands sufficiently relative to ATR.

The candle is bullish, its body is large enough, and it closes near its high.


SELL setup

The logic is mirrored: the fast EMA is below the slow EMA, price closes below the fast EMA, and a strong bearishcandle closes near its low with the same volume, range and ADX confirmation.


Position management

Initial stop loss and optional take profit are based on ATR.

Position size can be calculated from account equity and the monetary loss at the stop.

Break-even and ATR trailing stop can protect a profitable trade.

An equity guard can close EA positions and block new entries until restart.

Estimated risk per lot = stop distance ÷ tick size × tick value

General and Signal Parameters have been included in the user manual (downloaded in the comment)

 


More from author
Strategy531Gold
Pierluigi Barbieri
Strategy 5-3-1 EA Multi-Timeframe Precision Trading System for MetaTrader 4 What Is It? Strategy 5-3-1   is a fully automated scalping trading robot (Expert Advisor) for XAUUSD for MetaTrader 4 that executes trades only when some timeframes align simultaneously each with some dedicated indicators - eliminating false signals and emotional trading decisions. Built by a trader, for traders. No black boxes. No repainting. Pure logic. Timeframe M5 Key Features Risk Management Dynamic lot sizing   bas
PriceActionRecovery Bot v2.0 Overview PriceActionRecovery is an advanced Expert Advisor for MetaTrader 4, designed to operate exclusively on Price Action — without the use of oscillators, lagging indicators, or signals derived from complex mathematical formulas. The bot directly analyzes candlestick structure, reversal/continuation patterns, and dynamic support/resistance levels to generate trading signals. The distinctive feature is the Recovery System , which allows managing losing trades a
HighFrequencyBreakout
Pierluigi Barbieri
HF Breakout EA v4 — User Manual High-Frequency Price Action Trading Robot for MetaTrader 4 Version: 4.00 Platform: MetaTrader 4 (MT4) Language: MQL4 Strategy: Pure Price Action — No Oscillators Recommended Symbol: XAUUSD (Gold) Forced Timeframe: H4 (all calculations use H4 data regardless of chart timeframe) 1. Overview The High-Frequency Breakout EA v4 is an automated trading expert advisor designed for MetaTrader 4. It executes trades based purely on price action — without relying on any techn
Filter:
No reviews
Reply to review