FTA SMC Algo Trading EA
A bullish change of character buys only when price closes through the swing high and is above the EMA. A bearish change of character sells only below the EMA. Stop is the opposite swing. One third closes at 1R, one third at 2R, and the rest at 3R. Breaks that continue the same trend are skipped. The EA opens the website and skips the order if the license file is missing, the account id does not match, or the validity date has passed.
Who it is for
Traders who want a SMC Expert Advisor on their own broker account.
Markets
FTA SMC is a SMC Expert Advisor for MT5. Attach it to the broker symbol you choose. The charts it is meant for: Forex, Metals, Indices (EURUSD, GBPUSD, USDJPY, AUDUSD, USDCAD, USDCHF, EURGBP, GBPJPY). It does not hold a spot crypto wallet, physical metal, or an oil futures membership. Your broker holds the funds.
Questions about algo trading
What does FTA SMC do?
A bullish change of character buys only when price closes through the swing high and is above the EMA. A bearish change of character sells only below the EMA. Stop is the opposite swing. One third closes at 1R, one third at 2R, and the rest at 3R. Breaks that continue the same trend are skipped. The EA opens the website and skips the order if the license file is missing, the account id does not match, or the validity date has passed.
Which markets can FTA SMC run on?
Use it on forex, metals, indices symbols your broker already offers, typically EURUSD, GBPUSD, USDJPY, AUDUSD, USDCAD, USDCHF, EURGBP, GBPJPY. The spread filter and the session window still apply.
Does FTA SMC guarantee a profit?
FTA SMC is marked medium risk. The stop and the daily loss lock are part of the rule. Historical samples are not a forecast, and the broker can widen the spread.