SmartFlowExpert
- Experts
- Version: 1.11
- Activations: 5
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)
