Make the strategy your own.

With the source in your hands, your ideas can go further than the settings panel.

No extra dependencies to install

Open your source in MetaEditor and start building. Projects use self-contained code or the standard libraries already included with MT5.

Unlimited personal use

Study, customise and trade on your own accounts. Your EA source gives you the freedom to keep refining your ideas.

Pay once. No activation or usage fees.

One purchase per source project. MQLume does not charge by the number of activations or uses.

Vibe coding. Your trading judgement.

Bring your ideas to an AI coding assistant. Use the editable MQL5 project as your starting point, and stay in control of every change.

  1. Describe your idea

    Ask for a session filter, clearer logging or a different risk rule.

  2. Review the change

    Read the proposed code, check the logic and compile it in MetaEditor.

  3. Test your version

    Compare backtests, then test on a demo account before considering live use.

Use an AI tool of your choice; no AI subscription is included. Review generated code and keep your source private. Better tools support your process, but do not guarantee trading profits.

Overview

An EA you can make your own.

The source edition includes editable MQ5, compiled EX5, README and PARAMETERS.pdf. Read the rules, adjust your own copy and recompile after changes. A gold market-structure strategy using swing breakouts, fair-value-gap and order-block filters, configurable stops and linked additions.

Built for MetaTrader 5. A complete source project, clear inputs and practical documentation give you control over your next build.

No extra MQH or DLL downloads

Project specifications

Platform
MetaTrader 5 / MQL5; not compatible with MT4
Version
3.20
Dependencies
MT5 standard libraries; no separate DLL or custom MQH download. Keep these supplied folders beside the MQ5 when compiling: Images/
Inputs
48 input entries
Build & testing
Compile in MT5 MetaEditor. See README.txt for installation and PARAMETERS.pdf for parameter guidance.

Trading setup

Stated specifications

A gold market-structure strategy using swing breakouts, fair-value-gap and order-block filters, configurable stops and linked additions.

These are marketplace specifications, not a guarantee of suitable capital or performance.

Symbol
XAUUSD
Chart timeframe
H1
Account
Hedging

Inside the source

Explore 50 lines of the project's MQL5 source. Scroll inside the editor to discover more.

MQL5 / .mq5
Institutional SMC Robot MT5 3.20[MQLume].mq5v3.20
double StopDistance(){   return (MathMax(SymbolInfoInteger(_Symbol,SYMBOL_SPREAD),SymbolInfoInteger(_Symbol,SYMBOL_TRADE_STOPS_LEVEL))+50)*_Point;}void AdjustStops(const bool buy,const double entry,double &sl,double &tp){   double distance=StopDistance();   if(buy)   {      if(sl>0 && entry-sl<distance)sl=entry-distance;      if(tp>0 && tp-entry<distance)tp=entry+distance;   }   else   {      if(sl>0 && sl-entry<distance)sl=entry+distance;      if(tp>0 && entry-tp<distance)tp=entry-distance;   }   if(sl>0)sl=NormalizeDouble(sl,_Digits);   if(tp>0)tp=NormalizeDouble(tp,_Digits);}double MainVolume(const double entry,const double sl){   double minimum=SymbolInfoDouble(_Symbol,SYMBOL_VOLUME_MIN),maximum=SymbolInfoDouble(_Symbol,SYMBOL_VOLUME_MAX);   double step=SymbolInfoDouble(_Symbol,SYMBOL_VOLUME_STEP),limit=SymbolInfoDouble(_Symbol,SYMBOL_VOLUME_LIMIT);   double balance=AccountInfoDouble(ACCOUNT_BALANCE),lot=minimum;   if(InpLotMode==LOT_MODE_FIXED) lot=InpFixedLot;   else if(InpLotMode==LOT_MODE_RISK_LEVEL)   {      const double divisors[]=      {         150,300,500,1000,2000,5000      };      int level=(int)InpRiskLevel;      lot=(balance/((level>=0 && level<6)?divisors[level]:1000))*0.01;   }   else if(InpLotMode==LOT_MODE_PERCENTAGE)   {      if(balance<=0 || sl<=0 || entry==sl)return minimum;      double value=SymbolInfoDouble(_Symbol,SYMBOL_TRADE_TICK_VALUE),size=SymbolInfoDouble(_Symbol,SYMBOL_TRADE_TICK_SIZE);      if(value<=0 || size<=0)return minimum;      double points=MathAbs(entry-sl)/_Point,cost=value*((points*_Point)/size);      if(cost<=0)return minimum;      lot=balance*(InpRiskPercent/100)/cost;   }   if(step>0)lot=MathFloor(lot/step)*step;   double cap=limit>0?MathMin(maximum,limit):maximum;   return NormalizeDouble(MathMax(minimum,MathMin(lot,cap)),2);}double ProtectiveVolume(const ENUM_ORDER_TYPE type,const double requested,const double entry,const double sl){

Your next build starts here.

Included files

Complete source, practical documentation and reference files to help you understand, customise and test your EA.

One project.
Complete source.

100% source code means the editable implementation of this product is supplied in full. It is not an EX5-only delivery or a hidden strategy module.

Version 3.20 · Personal-use licence
  • MQ5

    Institutional SMC Robot MT5 3.20[MQLume].mq5

    Complete, editable single-file source. Read the logic, customise it and compile your own EA.

    Included
  • EX5

    Institutional SMC Robot MT5 3.20[MQLume].ex5

    The compiled EA accompanying the source. Recompile after editing the MQ5.

    Included
  • BMP

    Images/SMCLogo.bmp

    Bundled compile-time resource; preserve its relative path.

    Included
  • PDF

    PARAMETERS.pdf

    Parameter handbook with initial values, sizing formulas and usage notes.

    Included
  • TXT

    README.txt

    A concise welcome, installation and compilation guide, with licence terms and support details.

    Included

Testing

Build confidence through testing.

Explore, customise and test your EA across different market conditions. Start with the supplied guide, then build a testing routine around your own settings.

Version v3.20 · 48

Parameter guide

Initial settings from the delivered source. Review and test changes before using them.

Explore the inputs below to shape the EA around your research, risk preferences and workflow. Outgoing EA order comments use @MQLume and retain required strategy identifiers. Comment inputs remain for saved-setting compatibility and do not remove the execution label.

Read PARAMETERS.pdf alongside README.txt for the meaning, defaults and operating notes behind the short input labels.

How to read EA parameters
Settings 1 · INSTITUTIONAL SMC ROBOT - VERSION 3.2

Initial settings from the delivered source. Review and test changes before using them.

Settings 1 · INSTITUTIONAL SMC ROBOT - VERSION 3.2
Source input keyInitial value
Trade comment (fixed @MQLume; legacy SET compatibility)InpEACommentDisplay text
Settings 2 · CORE STRUCTURE SETTINGS

Initial settings from the delivered source. Review and test changes before using them.

Settings 2 · CORE STRUCTURE SETTINGS
Source input keyInitial value
Swing Sensitivity (Fractals)InpSwingN7
Confirm Breakout on Bar CloseInpBreakOnClosetrue
Max Recent Bars to AnalyzeInpMaxBars1500
Settings 3 · ACCOUNT CURRENCY SETTINGS

Initial settings from the delivered source. Review and test changes before using them.

Settings 3 · ACCOUNT CURRENCY SETTINGS
Source input keyInitial value
JPY Account Base (Default: False)InpIsJPYAccountfalse
Settings 4 · VISUALS & SMC FILTERS

Initial settings from the delivered source. Review and test changes before using them.

Settings 4 · VISUALS & SMC FILTERS
Source input keyInitial value
Enable Visuals & DashboardInpEnableVisualstrue
Show On-Screen DashboardInpShowDashboardtrue
Dashboard X Offset (px)InpDashX0
Dashboard Y Offset (px)InpDashY10
Dashboard Scale (0.6 - 2.5, 1.25+ for 2K/4K)InpDashScale1.0
Dashboard Animations (glow, pulse, shimmer)InpDashAnimatetrue
Fair Value Gap ColorInpFVGColorclrHoneydew
Bullish Order Block ColorInpOBBullColorclrPaleGreen
Bearish Order Block ColorInpOBBearColorclrLavender
Quasimodo Level (QML) ColorInpQMLColorclrMediumOrchid
Filter Entries with Active FVGInpUseFVGFiltertrue
Filter Entries with Active OBInpUseOBFiltertrue
Settings 5 · STOP LOSS & TAKE PROFIT

Initial settings from the delivered source. Review and test changes before using them.

Settings 5 · STOP LOSS & TAKE PROFIT
Source input keyInitial value
Stop Loss ModeInpSLModeSL_MODE_DYNAMIC
Fixed Stop Loss (Points)InpStopLossPoints120.0
Swing SL Additional Buffer (Points)InpSwingSLBuffer100.0
Take Profit ModeInpTPModeTP_MODE_DYNAMIC
Fixed Take Profit (Points)InpBaseTP_Points500.0
Risk:Reward RatioInpDynamicTP_RRR1.0
Settings 6 · TRAILING STOP SETTINGS

Initial settings from the delivered source. Review and test changes before using them.

Settings 6 · TRAILING STOP SETTINGS
Source input keyInitial value
Enable Trailing StopInpUseTrailingtrue
Trailing Start (Profit Points)InpTrailingStart600.0
Trailing Lock (Points)InpTrailingLock200.0
Trailing Step (Points)InpTrailingStep300.0
Settings 7 · POSITION SIZING & RISK MANAGEMENT

Initial settings from the delivered source. Review and test changes before using them.

Settings 7 · POSITION SIZING & RISK MANAGEMENT
Source input keyInitial value
Sizing ModeInpLotModeAuto Lot Risk LevelLOT_MODE_RISK_LEVEL
Fixed Lot SizeInpFixedLot0.01
Auto Lot Risk LevelInpRiskLevelRISK_EXTREME
Risk % Per Trade (% Of Account Balance)InpRiskPercent1.0
EA Magic NumberInpMagicNumber20660
Settings 8 · MULTI-TRADE & PYRAMIDING (SCALE-IN)

Initial settings from the delivered source. Review and test changes before using them.

Settings 8 · MULTI-TRADE & PYRAMIDING (SCALE-IN)
Source input keyInitial value
Open a New Trade on New Signal while Trades are OpenInpAllowMultipleTradesfalse
Max Main Trades Open at the Same TimeInpMaxMainTrades3
Enable Scale-In (Add Positions in Profit)InpEnablePyramidingtrue
Add Position Every X Points in ProfitInpAddStepPoints200.0
Added Lot = Main Trade Lot x MultiplierInpAddLotMultiplier1.0
Maximum Additional Trades (per main trade)InpMaxAdditionalTrades1
Settings 9 · NEWS PROTECTION (MT5 CALENDAR)

Initial settings from the delivered source. Review and test changes before using them.

Settings 9 · NEWS PROTECTION (MT5 CALENDAR)
Source input keyInitial value
Enable News ProtectionInpUseNewsProtectiontrue
NFP: Minutes BeforeInpNFP_BeforeMin30
NFP: Minutes AfterInpNFP_AfterMin60
CPI: Minutes BeforeInpCPI_BeforeMin30
CPI: Minutes AfterInpCPI_AfterMin60
FOMC: Minutes BeforeInpFOMC_BeforeMin60
FOMC: Minutes AfterInpFOMC_AfterMin150
Settings 10 · PROP FIRM RISK GUARD

Initial settings from the delivered source. Review and test changes before using them.

Settings 10 · PROP FIRM RISK GUARD
Source input keyInitial value
Enable Prop Firm Risk ProtectionInpUsePropFirmGuardfalse
Max Daily Loss (% of Balance)InpMaxDailyLossPct4.5
Max Total Loss (% of Balance)InpMaxTotalLossPct8.0

Support after delivery

Bug fixes are included.

While the product is actively maintained, we investigate and fix reproducible defects in the delivered, unmodified code that conflict with the product description.

Support: while the product is actively maintained

Delivery & compilation

Missing files, incorrect delivery and original-code compilation failures in the stated environment.

Code & documentation defects

Provide the release, settings, logs and reproduction steps so we can assess and resolve the issue.

Support scope

Start with the included guide and contact us for help with delivery or reproducible software defects. Trading results are not guaranteed.

FAQ

Frequently asked questions

Help centre
What am I buying?

You may read, modify and compile the delivered source for your own research and trading accounts. Keep a backup of the original delivery before making changes. You may not resell, redistribute, publish or sublicense the source or compiled files, or offer them as a white-label product, without separate written permission. Source delivery does not transfer copyright or ownership of third-party names.

Refunds after delivery

Source code is a copyable digital product. Once delivered, we do not accept change-of-mind refunds, including because you no longer need the product. Check compatibility, contents and disclosed limits before ordering.

Delivery and bug reports

After payment is verified, we deliver the source package and documentation to your order email. Check your inbox and spam folder. Keep your order reference for delivery and support questions. Include your order reference, source release, terminal build, settings, expected behaviour and steps to reproduce. Attach only relevant logs and remove account credentials.

Delivery & support

  1. 1

    Review

    Read the files, environment and terms

  2. 2

    Confirm

    Check the source version and purchase terms

  3. 3

    Pay

    Payment is checked with the provider or on the selected blockchain

  4. 4

    Automatic delivery

    Fast, automatic delivery after payment confirmation. No waiting for manual dispatch.

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Journal Starter

Two original, non-trading learning samples for MT4 and MT5. Inspect OnInit and OnDeinit logging without order execution.

Learning samples only. Review and compile them in MetaEditor before use; these samples do not place trades.

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Institutional SMC Robot [MQLume]

Version 3.20 · Personal-use licence

Order total
US$299

Account downloads · email delivery

Screenshot · Institutional SMC Robot [MQLume]

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