Description
SMC Trading Robot v2.4 – Precision Smart Money Concept Automation
Trade like institutions: identify structure breaks, wait for a pullback into a Fair Value Gap or Order Block, and enter with strict risk control. This cBot brings professional SMC logic to cTrader with an intuitive dashboard and robust safeguards.
Key Features
- Smart Money Concepts Core – Real‑time detection of swing highs/lows, bullish/bearish market structure, Break of Structure (BOS) and Change of Character (CHoCH).
- Retracement Entry Engine – Instead of chasing breakouts, the robot waits for price to retrace into the nearest FVG or Order Block before executing. This improves entry precision and reduces false signals.
- Multi‑Timeframe Filter – Optional higher timeframe (default H4) trend alignment to trade only in the direction of the bigger picture.
- Momentum & Structure Agreement – Three EMAs (10/20/40) define local momentum, which must align with persistent market structure before any trade.
- Liquidity Target TP – Use the most recent swing high/low as an alternative take‑profit if it offers a better RR than the fixed ratio.
- Smart Trailing Stop – A 3‑phase trailing logic locks in profits as market structure develops, moving the stop loss behind confirmed swings.
- Built‑in Risk Controls:
- Fixed % risk per trade with automatic lot sizing (verified against minimum/maximum volume limits)
- Hard cap on per‑trade risk – rejects trades that would exceed the set maximum due to lot granularity
- Daily loss limit and maximum drawdown protection (stops the bot)
- Maximum trades per day and maximum spread filter
- Cross‑direction guard – only one position per symbol at a time
- Real‑Time Dashboard – Shows trend, structure, BOS/CHoCH status, ATR, spread, daily drawdown, trailing phase, and pending retracement setup directly on the chart.
Input Parameters at a Glance
GroupKey Parameters
General
Enable Logging, Show Dashboard
MTF
Use Multi‑Timeframe Filter, Trend Timeframe (default H4)
EMA Momentum
Fast (10), Mid (20), Slow (40) periods
Market Structure
Swing Lookback (3), Structure Invalidation Buffer (0.2×ATR)
ATR
ATR Period (14), Min ATR filter, BOS multiplier, Spread‑relative filter
Retracement Entry
Use Retracement (on/off), FVG / Order Block selection, scan bars (12), max wait bars (15)
Risk / Trade
Risk % (1%), Min/Max Lots, Max Spread, Sizing Deviation Warning, Max Risk Per Trade Hard Cap, RR Ratio (2:1), Liquidity Target option
Protection
Max Daily Loss (4%), Max Trades/Day (5), Max Drawdown (10%)
All parameters are fully exposed – you can fine‑tune the logic for any instrument or account size.
How It Works
- The bot continuously tracks swing points and builds a persistent market structure.
- When a BOS or CHoCH is detected in alignment with momentum and (optionally) the higher timeframe, it arms a retracement setup.
- It scans the last N bars for the nearest Fair Value Gap or Order Block zone.
- Price must pull back into that zone within a configurable number of bars – only then a trade is triggered.
- Entry, stop loss (behind the relevant swing), and take profit (RR or liquidity target) are placed automatically.
- As the trade progresses, the trailing stop follows new swing levels, locking in gains.
What’s New in v2.0
- Retracement‑gated entries – no more instant breakout chasing; entries only after a pullback into a key SMC zone.
- Cross‑direction guard – prevents holding opposing positions on the same symbol.
- Sizing verification fix – volume calculations now correctly use
Symbol.PipValue, with a hard cap check that can reject trades if the minimum lot would risk too much. - Improved logging and dashboard clarity for pending setups.
Important Notes
- The bot is designed for prop‑firm / risk‑managed trading and respects daily limits.
- It requires a decent ATR (configurable minimum) to avoid low‑volatility whipsaw.
- For best results, test on major forex pairs or indices with clear swings (EURUSD, GBPUSD, US30, etc.) on M15‑H1 timeframes.
Ready to take your SMC trading to the next level?
SMC Trading Robot v2.4 – discipline, precision, and risk control in one cBot.
Disclaimer: Trading involves substantial risk. This cBot is a tool, not a guaranteed profit system. Past performance does not ensure future results. Always test thoroughly on demo first. Use at your own risk and never trade money you cannot afford to lose.
Summary
Key features include a multi-timeframe filter (default H4) for trend alignment, momentum confirmation via three EMAs (10, 20, 40), and liquidity-targeted take profits based on recent swing highs/lows. A smart trailing stop mechanism adjusts stops behind confirmed swings in three phases to lock in profits. Risk management tools encompass fixed percentage risk per trade with automatic lot sizing, hard caps on risk, daily loss limits, maximum drawdown protection, maximum trades per day, spread filters, and a cross-direction guard allowing only one position per symbol at a time.
The bot provides a real-time dashboard displaying trend, structure status, ATR, spread, drawdown, and pending setups. It is designed for prop-firm and risk-managed trading, best suited for major forex pairs and indices on M15 to H1 timeframes with sufficient volatility. All parameters are fully configurable to adapt to various instruments and account sizes.
