Prime SMC

Prime SMC is a fully automated Expert Advisor designed for the MetaTrader 5 platform. The trading logic is based on Smart Money Concepts (SMC) and Price Action analysis. The system focuses on identifying Fair Value Gaps (FVG) that align with the current market trend.

The algorithm avoids trading during periods of low volatility or flat markets by utilizing the Average Directional Index (ADX) to confirm trend strength. Trades are executed only when specific structural criteria are met.

Key Features

• Market Structure Analysis: The system automatically detects imbalances in price movement.

• Trend Filtering: Integrated ADX filter helps identify strong market momentum.

• Position Management: The Expert Advisor uses a three-stage exit strategy:

  • Partial Close: Reduces position volume at a specified distance.

  • Breakeven: Moves the Stop Loss to the entry price to protect the trade.

  • Trailing Stop: Adjusts the Stop Loss following the price movement.

• Time Management: Built-in time filter allows trading only during specific hours, such as London and New York sessions.

• Risk Management: Every trade uses a fixed Stop Loss and Take Profit. The system does not use martingale, grid, or averaging techniques. Users can choose between a fixed lot size or a risk percentage per trade.

Recommendations

• Symbol: EURUSD

• Timeframe: M30

• Account Type: ECN or accounts with low spreads are recommended.

• Configuration: The default parameters are optimized for the recommended symbol and timeframe.

Parameters

The input settings are grouped into logical blocks:

• Money Management: Risk mode selection and volume settings.

• Exit Strategy: Stop Loss and Take Profit targets.

• Position Management: Settings for partial close, breakeven, and trailing stop.

• Strategy Settings: Sensitivity of the FVG detection and trend filters.

• Time Settings: Operation hours configuration.