SMC Eur Usd
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called SMC Eur Usd. Its name points to smart-money concepts (market structure, order blocks). In the code it works with MACD, RSI, moving averages and ATR. It moves the stop behind price and can size trades from your risk. It has 4 settings, for example Take Profit (default 20), Lots (default 1.0) and Initial Stop (default 80). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. Inside: 1 EA file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Expert advisor · MT4 · v1.0 · Free
About SMC Eur Usd
SMC Eur Usd is an expert advisor (trading robot) for MetaTrader 4 based on MACD, RSI, Moving Average and ATR. It moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 4 settings, such as Take profit, Lots and Initial stop. MQL source code included.
Files in the download: SMC eur usd.mq4.
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| Take profit | 20 | Take profit distance |
| Lots | 1.0 | Trade size in lots |
| Initial stop | 80 | |
| Trailing stop | 40 | Trailing stop distance or switch |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
- Test it first on a demo account or in the Strategy Tester.
Tags: Smart Money (SMC / ICT) · EURUSD · Trailing Stop & Break-even · Risk & Lot Size · MACD · RSI · Moving Average · ATR · MT4 Expert Advisor · MQL4 Source Code