SMC Order Block Execution PRO
- Experts
- David Nagy
- Version: 1.21
- Activations: 10
SMC Order Block Execution PRO
SMC Order Block Execution PRO is a Forex trading robot (Expert Advisor) for MetaTrader 5 designed to identify and trade price zones based on displacement and structural price behavior.
The EA analyzes historical price data to detect significant movements and defines potential zones where price previously reacted. These zones can be used as reference areas for trade execution when price revisits them.
The system monitors market conditions and executes trades when predefined criteria related to price movement and zone interaction are met.
Zones remain active until they are revisited according to the selected conditions.
Main features:
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Automatic detection of price zones based on displacement
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Trade execution when price returns to defined areas
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Configurable mitigation conditions (close or wick)
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Optional visualization of zones on chart
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Control of maximum open positions
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Automatic Stop Loss and Take Profit placement
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Support for multi-EA operation (Magic Number)
How it works:
The EA scans for strong price movements and identifies reference zones based on previous candle structures. When price returns to these zones, the EA can execute trades depending on the selected conditions.
Zones can be evaluated using either candle close or wick interaction, depending on configuration.
Input parameters:
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Lookback Depth: number of candles used for analysis
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Mitigation Type: condition for zone validation
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Max Open Orders: limit of active trades
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Stop Loss / Take Profit: defined in points or pips
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Visualization: enable or disable zone display
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Magic Number: identifier for EA trades
Recommended usage:
The EA can be used on M15, H1, and H4 timeframes. It is suitable for major currency pairs such as EURUSD, GBPUSD, and XAUUSD.
Strategies based on price zones depend on market conditions and may perform differently across timeframes.
Keywords: forex robot, MT5 Expert Advisor, order block trading, price action, supply and demand, algorithmic trading
Additional information:
Other products from the same developer are available in the Market.
Risk disclosure:
Trading financial instruments involves risk and may result in loss of capital. It is recommended to test the product in a demo environment before using it on a live account.
This product operates based on user-defined settings. Results may vary depending on market conditions.
Past performance does not guarantee future results.
