SmartBar SMA Trader with ATR & Break-Even Protection

Overview:
SmartBar SMA Trader is a fully automated trading robot designed for forex and CFD traders who want a safe, strategic, and efficient approach to the market. The robot combines technical indicators, risk management, and adaptive trade management to maximize potential profits while controlling risk.

Key Features:

1. Trend & Price Action-Based Entry:
2. • Uses the 50-period SMA to identify market trend direction.
   • Checks the last bar formation to determine if the market is ready for a long or short position.
   • Only executes trades when price and trend align, minimizing false signals.
2. ATR-Based Stop Loss & Take Profit:
3. • Automatically calculates Stop Loss and Take Profit based on market volatility using the Average True Range (ATR).
   • Dynamic SL/TP adjusts to current market conditions, protecting your capital during high volatility.
3. Trailing Stop & Break-Even Protection:
4. • Trades are protected with a trailing stop, which locks profits as the market moves in your favor.
   • Break-even feature moves the stop loss to your entry price after a defined profit level is reached, ensuring no loss on winning trades.
4. Customizable Risk Management:
5. • Set your risk per trade as a percentage of your account balance.
   • Control allowed trade directions (long/short), maximum spread, and trade timing.
5. Optional EMA & RSI Filters:
6. • Filter trades using EMA or RSI conditions to trade only in strong trend areas or avoid consolidation zones.
   • Helps to further reduce poor-quality entries.
6. User-Friendly Parameters:
7. • Fully adjustable lot size, ATR multipliers, SMA periods, and trade labels.
   • Easy to optimize for different currency pairs or trading styles.
7. Automatic Trade Management:
8. • Handles entries, exits, stop losses, take profits, trailing stops, and break-even adjustments automatically.
   • Reduces manual intervention and emotional trading.

Why SmartBar SMA Trader?
This robot is perfect for traders who want a hands-free, rule-based trading strategy with advanced risk management. By combining SMA trends, price action, ATR volatility, and break-even protection, it offers a balanced approach: aiming for consistent profits while safeguarding your capital.