SMC Manual Trading V1
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called SMC Manual Trading V1. As the name suggests, the idea behind it is smart-money concepts (market structure, order blocks). The file name marks it as version 1. It can size trades from your risk. It has 4 settings, for example Lots (default 0.1), Risk Percent (default 1) and SL (default 0). 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 · Free
About SMC Manual Trading V1
SMC Manual Trading V1 is an expert advisor (trading robot) for MetaTrader 4. It can size trades from your balance and risk percent. It has 4 settings, such as Lots, Risk percent and SL. MQL source code included.
Files in the download: SMC Manual Trading v1.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) |
| SL | 0 | Stop loss distance |
| TP | 0 | Take profit distance |
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) · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code