SMC MA
SMC MA — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. Judging by its name, it is built around smart-money concepts (market structure, order blocks) and moving averages. Its source code uses moving averages. It moves the stop behind price and can size trades from your risk. It has 18 settings, for example Lots (default 0.1), Risk Percent (default 1) and Take Profit (default 50). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. 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 MA
SMC MA is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average. It moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 18 settings, such as Lots, Risk percent and Take profit. MQL source code included.
Files in the download: SMC MA.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 |
|---|---|---|
| Lots | 0.1 | Trade size in lots |
| Risk percent | 1 | Risk per trade (percent of balance) |
| Take profit | 50 | Take profit distance |
| Lock profit | 2 | |
| Initial stop | 30 | |
| Trailing stop | 25 | Trailing stop distance or switch |
| PP1 | 50 | |
| PP2 | 100 | |
| PP3 | 150 | |
| PP4 | 200 | |
| PV1 | 50 | |
| PV2 | 100 | |
| Trend timescale | 1440 | daily in minutes |
| Trend long ma | 70 | |
| Trend medium ma | 45 | |
| Signal sma | 12 | |
| Signal mma | 45 | |
| Signal lma | 70 |
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) · Moving Average · Trailing Stop & Break-even · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code