EA reviews4 min

Institutional SMC Robot [MQLume] 3.20: +439.14% | XAUUSD · 12-month backtest

Return, drawdown, monthly results and selected settings for Institutional SMC Robot [MQLume] 3.20.

2026-11-04

EA only · EX5MT5

Institutional SMC Robot [MQLume]

Version: v3.20
Updated: 2026-11-01

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

Includes the compiled EX5 program, installation guide and parameter documentation. Editable MQ5 source is available separately.

Fast updates. Ongoing maintenance.

We’re committed to timely version updates, continued care and friendly support, so you can use your product with confidence.

US$19.90

Personal use · One-time payment

EX5 program + guides
Adjust the available inputs.

Secure payment options

Account downloads · email delivery

Your EA. Your accounts. Your pace.

Ready-to-run EX5, with the freedom to use it personally.

No extra dependencies

Install the compiled EX5 in desktop MetaTrader 5. No separate MQH or DLL downloads and no MetaEditor compilation are needed.

No device or account activation limits

Use it on your own computers and trading accounts, without MQLume device binding, account activation limits or usage-count limits.

Buy once. Keep using it.

A one-time purchase for personal use. MQLume charges no recurring licence, activation or per-use fees.

Overview

Get to know your EA

Run the compiled program in MT5 and adjust its available inputs. Follow the included guide for the strategy’s symbols, timeframes and settings; editable MQ5 source is a separate edition.

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

Project specifications

Platform: MetaTrader 5
EA only · EX5: EX5
Personal-use licence: Use the included EX5 on your own trading accounts. This purchase does not include editable source code.

Trading setup

Stated specifications

Adjust the available inputs. The default automatic risk level is Extreme and uses a balance-based sizing formula, not a guaranteed loss percentage; additions start without SL/TP and depend on parent management. Keep Trailing Step positive when trailing is enabled and use native symbol point units. The account-loss guard resets its total-loss reference on initialization; historical date filters stay active independently of the news switch, and missing calendar data does not block trading. Use distinct magic numbers and review existing-position ownership before switching builds; no recommended SET is included.

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

Symbol: XAUUSD
Chart timeframe: H1
Account: Hedging

Your next build starts here.

Included files

Includes the compiled EX5 program, installation guide and parameter documentation. Editable MQ5 source is available separately.

EX5 program + guides

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

Personal use · One-time payment

EX5
Institutional SMC Robot MT5 3.20[MQLume].ex5
Adjust the available inputs.
Included
PDF
PARAMETERS.pdf
Parameters
Included
TXT
README.txt
Installation guide
Included

Testing

Read the full backtest review

Start in Strategy Tester with the intended symbol, timeframe and inputs, then check behaviour on a demo account. Product research and historical results are reference material, not a guarantee of this setup or future returns.

EA only · EX5 · v3.20

Parameters

Adjust the available inputs.

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

Adjust the available inputs.

Settings 1 · INSTITUTIONAL SMC ROBOT - VERSION 3.2
Parameters	Initial value
Trade comment (fixed @MQLume; legacy SET compatibility)`InpEAComment`	Display text

Settings 2 · CORE STRUCTURE SETTINGS

Adjust the available inputs.

Settings 2 · CORE STRUCTURE SETTINGS
Parameters	Initial value
Swing Sensitivity (Fractals)`InpSwingN`	7
Confirm Breakout on Bar Close`InpBreakOnClose`	true
Max Recent Bars to Analyze`InpMaxBars`	1500

Settings 3 · ACCOUNT CURRENCY SETTINGS

Adjust the available inputs.

Settings 3 · ACCOUNT CURRENCY SETTINGS
Parameters	Initial value
JPY Account Base (Default: False)`InpIsJPYAccount`	false

Settings 4 · VISUALS & SMC FILTERS

Adjust the available inputs.

Settings 4 · VISUALS & SMC FILTERS
Parameters	Initial value
Enable Visuals & Dashboard`InpEnableVisuals`	true
Show On-Screen Dashboard`InpShowDashboard`	true
Dashboard X Offset (px)`InpDashX`	0
Dashboard Y Offset (px)`InpDashY`	10
Dashboard Scale (0.6 - 2.5, 1.25+ for 2K/4K)`InpDashScale`	1.0
Dashboard Animations (glow, pulse, shimmer)`InpDashAnimate`	true
Fair Value Gap Color`InpFVGColor`	clrHoneydew
Bullish Order Block Color`InpOBBullColor`	clrPaleGreen
Bearish Order Block Color`InpOBBearColor`	clrLavender
Quasimodo Level (QML) Color`InpQMLColor`	clrMediumOrchid
Filter Entries with Active FVG`InpUseFVGFilter`	true
Filter Entries with Active OB`InpUseOBFilter`	true

Settings 5 · STOP LOSS & TAKE PROFIT

Adjust the available inputs.

Settings 5 · STOP LOSS & TAKE PROFIT
Parameters	Initial value
Stop Loss Mode`InpSLMode`	SL_MODE_DYNAMIC
Fixed Stop Loss (Points)`InpStopLossPoints`	120.0
Swing SL Additional Buffer (Points)`InpSwingSLBuffer`	100.0
Take Profit Mode`InpTPMode`	TP_MODE_DYNAMIC
Fixed Take Profit (Points)`InpBaseTP_Points`	500.0
Risk:Reward Ratio`InpDynamicTP_RRR`	1.0

Settings 6 · TRAILING STOP SETTINGS

Adjust the available inputs.

Settings 6 · TRAILING STOP SETTINGS
Parameters	Initial value
Enable Trailing Stop`InpUseTrailing`	true
Trailing Start (Profit Points)`InpTrailingStart`	600.0
Trailing Lock (Points)`InpTrailingLock`	200.0
Trailing Step (Points)`InpTrailingStep`	300.0

Settings 7 · POSITION SIZING & RISK MANAGEMENT

Adjust the available inputs.

Settings 7 · POSITION SIZING & RISK MANAGEMENT
Parameters	Initial value
Sizing Mode`InpLotMode`	Auto Lot Risk Level`LOT_MODE_RISK_LEVEL`
Fixed Lot Size`InpFixedLot`	0.01
Auto Lot Risk Level`InpRiskLevel`	RISK_EXTREME
Risk % Per Trade (% Of Account Balance)`InpRiskPercent`	1.0
EA Magic Number`InpMagicNumber`	20660

Settings 8 · MULTI-TRADE & PYRAMIDING (SCALE-IN)

Adjust the available inputs.

Settings 8 · MULTI-TRADE & PYRAMIDING (SCALE-IN)
Parameters	Initial value
Open a New Trade on New Signal while Trades are Open`InpAllowMultipleTrades`	false
Max Main Trades Open at the Same Time`InpMaxMainTrades`	3
Enable Scale-In (Add Positions in Profit)`InpEnablePyramiding`	true
Add Position Every X Points in Profit`InpAddStepPoints`	200.0
Added Lot = Main Trade Lot x Multiplier`InpAddLotMultiplier`	1.0
Maximum Additional Trades (per main trade)`InpMaxAdditionalTrades`	1

Settings 9 · NEWS PROTECTION (MT5 CALENDAR)

Adjust the available inputs.

Settings 9 · NEWS PROTECTION (MT5 CALENDAR)
Parameters	Initial value
Enable News Protection`InpUseNewsProtection`	true
NFP: Minutes Before`InpNFP_BeforeMin`	30
NFP: Minutes After`InpNFP_AfterMin`	60
CPI: Minutes Before`InpCPI_BeforeMin`	30
CPI: Minutes After`InpCPI_AfterMin`	60
FOMC: Minutes Before`InpFOMC_BeforeMin`	60
FOMC: Minutes After`InpFOMC_AfterMin`	150

Settings 10 · PROP FIRM RISK GUARD

Adjust the available inputs.

Settings 10 · PROP FIRM RISK GUARD
Parameters	Initial value
Enable Prop Firm Risk Protection`InpUsePropFirmGuard`	false
Max Daily Loss (% of Balance)`InpMaxDailyLossPct`	4.5
Max Total Loss (% of Balance)`InpMaxTotalLossPct`	8.0

Install your EA

In MT5, choose File → Open Data Folder. Open MQL5 → Experts and create a MQLume folder. Extract the package and copy the EX5 there.
In Navigator, right-click Expert Advisors and choose Refresh. The EX5 is already compiled; no MetaEditor step is needed.
Open Strategy Tester (Ctrl+R), choose the EA and use the product’s symbol and timeframe. The parameter guide explains the inputs. Start with a demo environment to explore the controls.

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

Installation guide

Support for missing files, incorrect delivery and installation problems with the delivered EX5 in the stated MT5 environment.

Code & documentation defects

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

Support scope

For installation or reproducible defects in the delivered program, send the version, inputs, logs and reproduction steps. Custom strategy development is not included.

FAQ

Frequently asked questions

Help centre

What am I buying?

Includes the compiled EX5 program, installation guide and parameter documentation. Editable MQ5 source is available separately. Do not redistribute, resell or sublicense the files.

Refund policy

This is a copyable digital software product. After delivery, change-of-mind refunds are not offered. Review the selected edition and included files before ordering.

Support after delivery

Bug-fix support covers reproducible defects in the delivered, unmodified program while it is actively maintained.

Delivery & support

1
Review
Includes the compiled EX5 program, installation guide and parameter documentation. Editable MQ5 source is available separately.
2
Confirm
Personal use · One-time payment
3
Pay
Payment is checked with the provider or on the selected blockchain
4
Automatic delivery
Fast, automatic delivery after payment confirmation. No waiting for manual dispatch.