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1.4 KiB
1.4 KiB
SMC + Trend Breakout (MTF) for Exness MT5
This repo contains:
mt5/MQL5/Indicators/SMC_TrendBreakout_MTF.mq5: visual indicator (BOS/CHoCH + Donchian breakout + lower-timeframe confirmation).mt5/MQL5/Experts/SMC_TrendBreakout_MTF_EA.mq5: Expert Advisor (alerts + optional auto-trading).
Install into Exness MetaTrader 5
- Open Exness MT5.
- Go to File → Open Data Folder.
- Copy:
SMC_TrendBreakout_MTF.mq5toMQL5/Indicators/SMC_TrendBreakout_MTF_EA.mq5toMQL5/Experts/
- In MT5, open MetaEditor (or press F4) and compile the files.
- Back in MT5: Navigator → Refresh.
Use the indicator
- Attach
SMC_TrendBreakout_MTFto a chart (your main timeframe). - Set LowerTF to a smaller timeframe (ex: main = M15, lower = M5 or M1).
- Signals require lower-TF confirmation by default (EMA fast/slow direction).
Use the EA (push to terminal + optional auto trading)
- Attach
SMC_TrendBreakout_MTF_EAto a chart. - Enable Algo Trading in MT5 if you want auto entries.
- If you want phone push alerts:
- MT5 → Tools → Options → Notifications
- enable push notifications and set your MetaQuotes ID.
Notes / safety
- This is a rules-based implementation of common “SMC” ideas (fractal swing BOS/CHoCH) and a Donchian breakout.
- Test in Strategy Tester and/or demo before using real funds.