Lunox Algo

LUNOX ALGO

Smart Money Concepts. Structured Entries. Automated Execution.

LUNOX ALGO is an automated trading EA built around Smart Money Concepts (SMC). The idea behind it is simple: you don't need to trade every market move. You need to wait for the right conditions. Instead of constantly opening trades, LUNOX ALGO analyzes market structure and waits for multiple conditions to line up before placing an order. When there is no valid setup, it simply stays out of the market nothing too complex.

HOW LUNOX ALGO WORKS

LUNOX ALGO analyzes the market in a structured sequence.

MARKET STRUCTURE

The EA first identifies confirmed swing highs and swing lows.

When price closes beyond a significant swing point, the EA determines whether the move represents a:

Break of Structure (BOS) — a continuation of the existing market structure.

or

Change of Character (CHOCH) — a potential shift in market direction.

These two situations are handled separately because they can lead to different types of setups.

ORDER BLOCKS

Once a valid structure break has been confirmed, LUNOX ALGO searches for the relevant Order Block associated with the move.

The EA looks for the last opposing candle before the displacement that caused the structural break.

Rather than entering immediately at market, the EA can wait for price to return to the identified zone.

FAIR VALUE GAPS

The EA then checks for a Fair Value Gap (FVG) created by the move.

Not every gap qualifies.

LUNOX ALGO checks the size of the imbalance against recent market conditions and also considers its distance from the relevant Order Block.

If the FVG is too small, too far away, or does not meet the required conditions, the setup is rejected.

This helps keep the EA focused on setups where the different SMC elements are actually connected.

THE ENTRY

When the required conditions line up — Market Structure + Order Block + Fair Value Gap — LUNOX ALGO can place a pending limit order around the relevant zone.

The EA then waits.

If price returns to the zone, the order can be triggered.

If price never returns, the pending order can expire without entering the market.

There is no need to chase the move.

BREAKER BLOCKS

LUNOX ALGO also supports Breaker Block setups.

When a valid Order Block fails and price closes through the zone, followed by the required change in market structure, the failed zone can become a Breaker Block.

The EA can identify these situations and trade them according to their own rules.

Breaker Block trades have their own:

• Stop Loss settings

• Take Profit settings

• Break-Even settings

• Trailing Stop settings

This means you can manage Breaker Block setups differently from standard Order Block setups.

You can choose to trade:

Order Blocks only

Breaker Blocks only

or

Both

DON'T EXPECT THE EA TO TRADE EVERY DAY This is important.

LUNOX ALGO is not designed to constantly open trades.

Some days may produce several valid setups. Other days may produce none. There may also be periods where the EA places a pending order and price never returns to the zone, causing the order to expire. That's part of the design.

The EA uses multiple conditions to filter setups rather than taking every possible signal it sees.

If you're looking for an EA that opens trades throughout the day, LUNOX ALGO may not be what you're looking for.

If you prefer an EA that waits for its conditions and stays out when they aren't there, that's exactly what it was built to do.

LUNOX ALGO has been configured and tested around specific market/timeframe combinations.

For the recommended starting setup, use:

XAUUSD (Gold) — M30
GBPUSD — M15
EURUSD — M15
AUDCAD — H1
AUDUSD — H1
AUDCHF — H1
USDCAD — M30

Attach the EA to the appropriate symbol and timeframe.

Using a different timeframe can significantly change the way market structure, Order Blocks and Fair Value Gaps are detected, so we recommend starting with the configurations listed above.

You can also run LUNOX ALGO on multiple symbols at the same time.

Simply attach the EA to a separate chart for each pair and configure each chart independently.

RISK MANAGEMENT & CONTROL

LUNOX ALGO includes several settings that allow you to control how the EA operates on your account.

Position & Risk Settings

• Fixed lot size

• Automatic lot sizing based on risk percentage

• Maximum trades per day

• Maximum drawdown protection

• Automatic trading shutdown when the configured drawdown limit is reached

• Pending-order expiration

• One-Cancels-Other functionality

• Break-Even protection

• Trailing Stop

Break-Even and Trailing Stop settings can also be configured separately for different setup types.

The goal is to give you control over how much risk the EA is allowed to take rather than simply leaving everything to a fixed configuration.

LUNOX ALGO can display the zones it identifies directly on your chart.

You can see the areas being analyzed, including the relevant Order Blocks and other setup information.

Closed trades can also display their results on the chart, making it easier to review previous setups and understand where trades were opened and closed.

Prefer a clean chart?

You can disable the chart drawings whenever you want.

Please test the EA on a demo account first.

Every broker has different conditions, including spreads, execution speed, minimum lot sizes, stop-level requirements and trading conditions. These can affect how an automated strategy performs.

We recommend starting with a conservative risk setting and using the EA on the recommended symbols and timeframes before moving to a live account.

Trading involves risk, and no Expert Advisor can guarantee profits or eliminate losses.

Past testing or results should not be considered a guarantee of future performance.

SUPPORT

Need help setting up the EA?

Have a question about the settings?

Send me a message here on MQL5, and I'll be happy to help you get started.

Get the set files here https://drive.google.com/file/d/1G3rfIaktXiJAMNRfn3s0Pk5TpPWO88EE/view?usp=sharing

LUNOX TRADES

GOD | PATIENCE | DISCIPLINE | CONSISTENCY